On March 22, 2024, Mayor Eric Adams announced details about the plan to assist faith-based organizations and other mission-based nonprofits to build affordable housing citywide. As part of the City of Yes for Housing Opportunity plan, the administration’s third proposed zoning text changes that will remove outdated and arbitrary language from the zoning text that will allow for the creation of more housing.
Search Results for: Affordable Housing
City Launches $50 Million Initiative for Minority-Business Enterprise Developers to Work on Affordable Housing
On March 4, 2024, New York City Mayor Eric Adams, the New York City Housing Preservation Development (HPD) Commissioner Adolfo Carrión Jr., and New York City Housing Development Corporation (HDC) President Eric Enderlin announced an initiative to provide up to $50 million to help Minority Business Enterprises (MBE) overcome financial barriers and participate in developing much needed affordable housing for New Yorkers. The “New York City Minority Business Enterprise Guaranty Facility” is established in partnership … <Read More>
City Initiative to Help Create Affordable Housing for CityFHEPS Voucher Holders
On February 8, 2024, New York City Mayor Eric Adams and New York City Department of Social Services (DSS) Commissioner Molly Wasow Park announced the Affordable Housing Services (AHS) initiative that will serve to create 1,500 permanent affordable homes. The homes created under AHS will specifically aid New Yorkers who are exiting the shelter system with City Fighting Homelessness and Eviction Prevention Supplement (CityFHEPS) vouchers. In addition to the launch of AHS today, DSS has … <Read More>
Mayor Celebrates Opening of “90 Sands” Affordable Housing Development
The former Jehovah’s Witnesses hotel has been converted into nearly 500 affordable and supportive housing units. On November 3, 2022, Mayor Adams, the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC) joined nonprofit Breaking Ground to celebrate the opening of 90 Sands, a former hotel converted into 491 affordable and supportive housing units in Dumbo, Brooklyn.
City Connects 10,000 Households to Stable, Affordable Housing in Fiscal Year 2022
Mayor Adams announced several achievements over the last fiscal year in the multiagency effort to get New Yorkers into quality affordable homes. On September 15, 2022, Mayor Eric Adams announced that despite challenges like inflation, his administration connected nearly 10,000 families and individuals to stable, affordable homes in Fiscal Year 2022 (FY22). As part of the Mayor’s Housing Blueprint, his administration ensured that housing investments prioritized the experiences of New Yorkers, and that key … <Read More>
Mayor, HPD, Project Renewal Open New Affordable Housing with Aquaponics Farming in Bedford Park
The building’s living green facade helps reduce air pollution and conserve energy. On July 14, 2022, Mayor Eric Adams, joined by the Department of Housing Preservation, the Housing Development Corporation, and non-profit Project Renewal, celebrated the opening of the first phase of Bedford Green House. Bedford Green House is located at 2865 Creston Avenue in the Bedford Park section of the Bronx.