388 Hudson Street RFP Process and FAQs - HPD

Housing Preservation & Development


388 Hudson Street RFP


388 Hudson Street RFP

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RFP Process and FAQs

What Is the RFP Process?

A Request for Proposals (RFP) is a document issued by HPD that seeks proposals for new housing and community amenities on City-owned land. Development teams propose projects in response to the criteria and requirements outlined in the document. Such proposals are evaluated based on their ability to meet such requirements and advance the goals as reflected in the competitive criteria of the document as well as the Community Visioning Report (CVR) that is attached to the RFP document.

Check out the additional information below to learn more about the RFP process, milestones, and FAQs. Throughout the process, updates about the RFP release, pre-submission conference, required forms, addenda and more will be posted on the Submit an RFP Response tab.

Frequently Asked Questions (FAQs)

Want to learn more about the RFP process and milestones? Check out the FAQs below.

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Click a topic, or press the enter key on a topic, to reveal its answer.

Community Input

The community is already being engaged about public open space on this lot. How is this input being considered?

The NYC Department of Parks and Recreation is engaging the community in a design process for the southern portion of the 388 Hudson Street lot as public open space. The design process for the public open space is separate from the community outreach regarding the 388 Hudson Street RFP for an affordable housing project. HPD will be considering how project proposals respond to the public open space design and engagement throughout our competitive review process.

How will community input be incorporated into the RFP?

The results of the community engagement will be summarized in the 388 Hudson Street Community Visioning Report (CVR). The CVR is provided as part of the RFP document so that prospective developers can understand and craft proposals that are responsive to the priorities and needs of the community. Amongst other evaluation criteria, proposals will be evaluated in part on how thoughtfully they consider and respond to the priorities and needs. (See the How to Get Involved tab for opportunities to provide your input on the project.)

Will residents who are not able to attend meetings have an opportunity to provide input?

We are including opportunities for people to provide input in a variety of ways. For people who are not able to make it to the meetings, there is an online Project Questionnaire and Public Comments Map available on the project website. Community members can also offer feedback and submit questions about this project by emailing 388HudsonRFP@hpd.nyc.gov. For community members without access to the internet, there will be Community Visioning Packets with paper versions of the Project Questionnaire available at several neighborhood locations. Stay tuned for a full list of participating pick-up and drop-off locations.

Additionally, HPD will present workshop findings at a Manhattan Community Board 2 meeting and gather feedback on what we may have missed.

Will there be additional opportunities for community feedback after the developer is selected?

Yes. The community engagement process does not end with the release of the CVR. Once selected, the developer and HPD will report back to the Community Board and other key stakeholders about project progress toward major milestones.

Additionally, after developer selection, requested land use approvals will go through the Uniform Land Use Review Procedure (ULURP) and go before the Community Board, Borough President’s Office, City Planning Commission, and Council Member for further review.

Will input from people who live far away from the site have the same weight as people near the site?

While we get input from many different types of stakeholders, and our goal is to focus on the big picture and to accommodate as many perspectives as possible. we are conducting extensive outreach in the community to ensure that those who may be most impacted by the new development are informed and have opportunities to provide feedback.

Once the building is complete, how can I apply to live in one of the units?

After construction, newly available apartments go through a lottery process. The buildings on the Site will be in development for several years, but in the meantime, you can visit NYC Housing Connect online for more information about current affordable housing lotteries. For help on how to apply for housing, contact a nearby NYC Housing Ambassador in Manhattan. A complete list of Housing Ambassadors can be found at nyc.gov/housing-ambassadors.

Supportive housing and formerly homeless units are leased through referrals from the New York City Department of Homeless Services (DHS), Human Resources Administration (HRA), HPD, or other sources.

Requests for Proposals

What is a Request for Proposals (RFP)?

A Request for Proposals is a document issued by HPD that seeks proposals for new housing and community amenities on City-owned land. Development teams propose projects in response to the criteria and requirements outlined in the document. Such proposals are evaluated based on their ability to meet such requirements and advance the goals as reflected in the competitive criteria of the document as well as the CVR that will be attached to the RFP document.

Why is HPD issuing an RFP on this site?

Many New Yorkers are experiencing homelessness, living in poor quality housing, or struggling to keep up with housing costs. A priority for the mayoral administration is for HPD to finance and preserve more affordable housing, and to enable new affordable housing developments to include important community amenities. The commitment by the City to move forward with issuing an RFP for affordable housing at this site was included as part of the SoHo/NoHo Neighborhood Plan which was approved in 2021.

What is the timeline of the RFP and project? When will it be completed? When will it be ready to rent?

The development of public sites is a multi-year process, and we are currently in the early stages.

After community visioning and release of the RFP, developers will have time to respond, and the City will then review the proposals. At this point, public approvals will be obtained, financing will be finalized, and the building will be constructed.

Can the community help choose the developers or proposal for the site?

We highly value community input informing the development of the RFP before it is written and issued, which is why we designed activities that gather your input. HPD takes the integrity of its RFP competitive review process seriously. As such, HPD is required to ensure that the RFP process prevents potential conflicts of interest (and disqualifications of teams because of potential conflict of interest) and cannot allow community members to partake in the review.

As stated above and in the How to Get Involved tab, the input gathered throughout the engagement process is published in the CVR and attached to the RFP for development teams to refer to in crafting proposals. Proposals will be scored in part on how well they respond to the visions of the community.

Will we be able to see the RFP when it is released?

Yes. The RFP and any relevant supplemental information will be linked on the 388 Hudson Street RFP Homepage and the Submit an RFP Response tab and downloadable as PDFs.

Site Design and Zoning Parameters

What is currently on this site?

388 Hudson Street is primarily vacant, although there is NYC Department of Environmental Protection (DEP) infrastructure located on the southern portion of the lot. The Housing Site is the remaining northern portion of the lot that is vacant.

What is the current zoning for this site? Is a rezoning being considered?

The site is currently zoned M1-5 which allows for a wide range of manufacturing and related uses but does not allow any residential uses. To accommodate the development of an affordable housing project, a rezoning will be necessary.

More information about these zoning districts can be found in DCP’s Zoning Handbook.

What are the development expectations for the site as a result of the 2021 City commitments from the SoHo/Noho Neighborhood Plan?

Through the Soho/Noho Neighborhood Plan, the City committed to prioritization of affordable housing development through the issuance of an RFP in 2023 for a 100% affordable housing project. At the time, it was projected that the Housing Site could accommodate approximately 100 affordable homes.

What kinds of retail or community facilities can be built on this site?

The type of commercial or community facility uses permitted on the Housing Site will be determined by the future zoning district and other factors such as site area. The public will have the opportunity to provide input about what commercial or community facility uses are appropriate for the Housing Site through the community engagement process. More information about Use Groups can be found on DCP's website.

Affordability

What will be the rents and income qualifications for the new homes?

The RFP for the Housing Site will require proposals where 100% of the units are affordable according to the incomes outlined in HPD’s financing programs for different types of housing ( Senior, Supportive, Rental, Homeownership, etc.). The qualifying incomes for these programs range from less than 30% of Area Median Income (AMI) and up to 130% AMI, including unit set asides for formerly homeless households. HPD will analyze which programs are feasible and appropriate for the Housing Site and will also hear from the community as to the types of housing and affordability levels that will be most beneficial on this Site. .

Will there be homeownership opportunities as part of this development?

HPD will consider a variety of housing programs for the Site including homeownership. Sales prices for homeownership units on this site would be affordable to families with incomes between up to 80% and up to 130% of the AMI.

Will market rate housing be part of the development?

No, the RFP will require proposals for housing that is 100% affordable, where all units are income restricted and rent regulated through a regulatory agreement with HPD.

Will the units be permanently affordable?

RFP respondents are required to put forth proposals with long-term or permanent affordability. HPD will also convey the Housing Site subject to an extended affordability reverter, so that title to the Housing Site will revert to the City upon expiration of the initial regulatory period, unless the parties agree to an extended term of affordability.

Will there be a preference for community residents in the new development?

Under current policy, a developer must, during initial rent-up of an HPD development, give preference for 20% of the income-restricted units to applicants who, at the time of application, are residents of Manhattan Community District 2 in which the site is located. If the development is advertised for initial rent-up after April 30, 2029, the developer must give preference for 15% of the income-restricted units to applicants who are residents of the Community District in which the site is located.

Depending on the housing programs selected and the resulting financing sources, different rules may apply to parts of the development which could result in a community preference, a borough-wide preference, or no geographically-based preference at all.

Economic Development and Other Community Impacts

Will jobs be available for Manhattan residents?

All projects financed by HPD must include a plan for job outreach to community residents related to employment opportunities generated by the project. HPD is also connecting Manhattan residents to jobs in the building trades. The HireNYC program requires that housing developments receiving $2 million or more in HPD subsidy post their open positions with the Workforce1 system and consider qualified candidates.

Do we know how the new development will impact the neighborhood and associated infrastructure (schools, transit, noise, etc.)?

Because the Housing Site will be rezoned and the project involves transfer of City-owned land, there will be an extensive public review process. As a part of public review, an environmental review will be required to assess potential impacts to the surrounding area. Should any adverse impacts be identified, steps will be taken to mitigate them to the greatest extent practicable.