Hudson Valley Property Group (HVPG) preserves and elevates the quality of affordable housing in the United States. HVPG acquires existing affordable, multifamily properties and strategically invests capital to improve the physical, financial, and social vitality of each property. With improved operations and enhanced service offerings, HVPG properties deliver a better standard of living for its residents and stable investment assets for its stakeholders.
HVPG, in partnership with New Jersey Housing and Mortgage Finance Agency (NJHMFA), the Department of Housing and Urban Development (HUD), Fannie Mae, and the City of Newark, celebrated the completion of the exciting $90M redevelopment of Pilgrim Baptist Village (PBV) Apartments, with $22M in renovations. Located in downtown Newark, NJ, in the Central Ward, the project provided extensive renovations to 305 units of affordable housing and preserved long-term affordability for residents.
To date, HVPG has preserved more than 7,000 units across 40 properties, impacting the lives of more than 15,000 residents.