The Division of Housing and Community Renewal, also known as DHCR, is governed by New York State. It is responsible for the supervision, maintenance and development of low-income housing units in New York. The division provides community development, rent administration and policy research services. The Division of Housing and Community Renewal administers various housing development and community preservation programs. The division also regulates public and publicly assisted rental housing units. The Division of Housing and Community Renewal offers the Neighborhood Preservation Companies Program. In addition, it administers state and federal grants and loans for housing developers. The division maintains housing management, architecture and engineering bureaus.