Phase One of the development will yield 183 units of deeply affordable housing ranging from studios to three-bedrooms. On July 16, 2019, the Department of Housing Preservation and Development (HPD),the Housing Development Corporation (HDC), the New York City Economic Development Corporation (NYCEDC) and private developers announced plans to construct the first phase of the Peninsula, a 100 percent affordable mixed-use development in the Hunts Point neighborhood of the Bronx. The project will be constructed on … <Read More>
Search Results for: Housing
HPD, NYSHCR, Private Developers and Others Announce Opening of New 135-Unit Affordable Kingsbridge Heights Development
The newly-constructed $70.5 million housing project is affordable, energy efficient, and provides housing and supportive services to formerly homeless families. On May 22, 2019, the New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas, Deputy Mayor for Housing Vicki Been, Department of Housing Preservation and Development Commissioner Louise Carroll, B&B Urban, L+M Development Partners and the Center for Urban Community Services announced the opening of a newly-constructed affordable housing development, Kingsbridge Heights Apartments… <Read More>
Rules Add Pest Management Duties
HPD adopted rules compelling owners to remediate indoor allergen hazards. The Department of Housing Preservation and Development adopted rules to require owners of multiple dwellings to investigate for and remediate indoor allergen hazards such as mold, cockroaches, mice, and rats. The new rules, which implement Local Law 55 of 2018, establish work practices for pest remediation, standards for tenant notifications, and procedures for submitting certifications of remediation and requesting extensions of time to correct violations.
HPD Announces Program To Allocate Funds to Nonprofits for Vacant Property Development
The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by … <Read More>