Housing Line

Enabling access to affordable housing throughout NYC

HPD approved Administering Agent.

Inclusionary Housing

Inclusionary Housing units represent permanently affordable rental and homeownership opportunities for families in low and moderate income groups. Housing Line offers the following capabilities to its developer partners:

Preparing Inclusionary Housing applications

Securing zoning bonus

Serving as designated Administering Agent

Administering Agent Services

§ 41-02 of the Rules of the City of New York requires that a not-for-profit agency - an approved Administering Agent - takes charge of renting, selling and compliance related to Inclusionary Housing units. The Administering Agent must also be responsible for managing the lottery process and tenant selection.

Managing the lottery process for IH units

Applicant income verification and processing

Lease administration

HPD compliance

HPD Marketing & Monitoring

Administering Agent is responsible for marketing the income-restricted units during the initial lease-up. In addition, the Administering Agent handles compliance, marketing and re-rentals throughout the life of the project.

Initial Lease-up

Re-rentals

Quarterly reporting

Compliance management

Annual Affordable Housing Compliance

To comply with the terms of the Inclusionary Housing program, the owner and the Administering Agent must enter into agreement stipulating the responsibilities and obligations of all parties as they relate to ongoing compliance relations and reporting.

Rent-roll management

Data management and file retention

Ongoing reporting to HPD

Affordable Housing Strategy

The City and State incentive frameworks create a maze of regulations that must be taken into account in pre-development stages. Housing Line assists real estate owners in creating optimal development strategy in order to maximize tax and zoning benefits, while providing affordable units for New York residents.