Prospect Housing Partners is a purpose-driven organization that works directly with homeless services providers, healthcare organizations, and community groups focused on improving the quality and supply of transitional housing and shelter for vulnerable New Yorkers.
We partner with non-profits throughout the five boroughs, guiding projects from initial concept through development, financing, construction, and conversion to create high-quality affordable, supportive, and transitional housing.
A 200-bed transitional residence in Westchester Square, Bronx for single adult men. Includes a co-located Federally Qualified Health Center. Developed by UrbanHeart Real Estate in partnership with Care For The Homeless. Designed by ESKW Architects. Funded through the DHS Nonprofit-Owned Shelter Program and Nuveen. Completed November 2024.
A 150-unit transitional residence in Long Island City built for families with children. Developed by Urban Builders Collaborative and Lettire Construction in partnership with Care For the Homeless. Designed by ESKW Architects. Funded through the DHS Nonprofit-Owned Shelter Program and Nuveen. Estimated completion: June 2027.
A 200-bed transitional residence in Astoria, Queens. Developed by UrbanHeart Real Estate in partnership with Samaritan Daytop Village. Designed by IMC Architecture. Funded through the DHS Nonprofit-Owned Shelter Program. Estimated completion: Fall 2027.
An 85-bed transitional residence in Bedford-Stuyvesant, Brooklyn for women with a history of justice involvement. Developed by Providence House. Designed by ESKW Architects. Funded through the DHS Nonprofit-Owned Shelter Program. Estimated completion: Fall 2027.
With decades of experience in affordable and transitional housing, along with shelter development, our team is dedicated to designing innovative and effective housing solutions for our clients and the New Yorkers who need them most.
Founder and Managing Principal
Katie Devine is a trusted adviser throughout the housing community, committed to helping nonprofit and for-profit clients and partners increase the quality and supply of affordable, supportive, and transitional housing for vulnerable New Yorkers.
Katie has led the development and preservation of over 5,500 units of affordable housing and shelter across several states. She is known for her expertise and creative use of partnership structures and financing tools, including hotel-to-housing conversions, zoning variances, tax incentives, and city-backed financing for the development of nonprofit-owned homeless shelters.
Katie has been recognized for her work by City & State and New York Nonprofit Media, and has been an invited speaker at several conferences and events. She is a graduate of the Cornell University School of Hotel Administration, a member of the Advisory Board for Women’s Affordable Housing Network–NY, and an active member of the Supportive Housing Network of NY and NYSAFAH.
Principal
Niall Murray founded Rockabill in 2007 and leads the firm’s various business lines from strategy/direction, identifying opportunities, client relationships—and most importantly, identifying key people and relationships with which to grow our business.
Niall’s career in affordable housing has spanned decades and includes new construction, preservation and acquisitions. He has developed or assisted in the development of over 15,000 units primarily in New York City and State. Niall’s greatest achievement is to create businesses that are widely known and respected throughout the industry for their knowledge, integrity, and value creation, and that attract the highest quality people.
Niall is a reformed accountant and banker, and is currently a member of NYSAFAH’s executive committee and the boards of Hoboken Community Center and Flax Trust America.
New York Real Estate Journal
City & State New York
Affordable Housing Finance
Crain’s New York Business
City & State New York
New York Real Estate Journal
