Block by Block "Our Home" Co-Op Conversion Launches at ANCP Morningside Ribbon-Cut — 36 Renovated Units, HPD Backing 300 Co-Op Units FY27-28

Mamdani cut the ribbon Wed Jun 10 on 36 newly renovated affordable co-op units at ANCP Morningside while formally unveiling "Our Home" — a new program inside the Block by Block plan to convert rental buildings to resident-controlled co-ops. HPD will support roughly 300 new affordable co-op units across FY27-28. The launch comes 8 days after the $22B / 200K-new + 200K-preserved Block by Block plan rollout on May 26 and adds a homeownership lane to a plan that had previously read rental-heavy.

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