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Does the Empowerment Zone provide financial assistance to develop housing?

April 26, 2017develop Empowerment financial HOUSING zone

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Does the Empowerment Zone provide financial assistance to develop housing?

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No. Developers interested in programs that create housing opportunities for low-income individuals or homeownership opportunities should contact the New York City Department of Housing Preservation and Development. HPD-administered activities include programs for producing new housing, acquiring and maintaining existing occupied housing, and providing housing and service delivery for people with specialized affordable housing and service needs.