Neighborhood Restore HDFC
City-funded organization
Neighborhood Restore HDFC is a nonprofit that works with the NYC Department of Housing Preservation and Development to move tax foreclosed properties from abandonment into rehabilitation and affordable homeownership, including through the city's Third Party Transfer program. It has received $11,000,000 in NYC Council discretionary funding across nine awards since FY2018, most recently for Foreclosure Prevention Programs administered through HPD, and a separate $1,000,000 discretionary contract with HPD in 2015 to fund the purchase of mortgage notes.
- Industry (per city contracts)
- Professional Services
- City contracts
- none active as of 2026-08-22 · $1,000,000 awarded since 2015
- Paid to date
- $1,000,000
- Won without a fresh bid
- 100% of contract value · $1,000,000 · 1 contract
- Discretionary funding (FY2009-FY2027)
- $11,000,000 · 9 awards
- Funding history
- Funded 9 years (FY2018–FY2026); not in FY2027
Holds contracts at
- Housing Preservation and Development City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- To provide funding for purchase of mortgage notes Housing Preservation and Development · CT180620171402480 · ended 2016 $1,000,000
Discretionary funding received
City Council discretionary (member-item) awards, largest first. Covers FY2009-FY2027.
- Foreclosure Buyback Initiative Foreclosure Buyback Initiative · HPD · FY2019 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2020 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2021 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2022 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2023 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2024 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2025 $1,250,000
- Foreclosure Prevention Programs Foreclosure Prevention Programs · HPD · FY2026 $1,250,000
- Foreclosure Buyback Initiative Foreclosure Buyback Initiative · HPD · FY2018 $1,000,000