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Mamdani Launches Program to Fast-Track Affordable Development

New York City Mayor Zohran Kwame Mamdani on Wednesday announced the new Neighborhood Builders Fast Track, an expedited process to speed the delivery of affordable housing on city-owned land. With Neighborhood Builders, the city’s Department of Housing Preservation and Development (HPD) will pre-qualify affordable housing builders and shorten the pre-development Request for Proposals process by eight months for certain projects.

Together with the new Expedited Land Use Review Procedure approved by voters last November, Neighborhood Builders will cut the pre-development process by more than two years, according to the mayor’s office.

“Our city is facing a historic housing crisis — the last thing we need to do is tie ourselves in red tape,” said Mamdani. “The Neighborhood Builders Fast Track will speed up housing development and make it faster to build on city-owned land.”

HPD is releasing a Request for Qualifications due May 8t for affordable housing developers who will pre-qualify for the Neighborhood Builders program. HPD expects to use Neighborhood Builders to advance development of up to 1,000 new homes over the next two years.

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Mayor Mamdani's office

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Policy/Gov't
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