On November 29, 2023, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York City Economic Development Corporation joined the development team to celebrate the groundbreaking of the next phase of the Peninsula, a 100 percent affordable housing mixed-use campus in the Hunts Point section of the Bronx. The development team included Gilbane Development Company, Hudson Companies, MHANY Management Inc, and Wells Fargo.
Search Results for: Affordable Housing
City Announces Affordable Housing Credit Checks No Longer Needed for Tenants Using Rental Assistance Vouchers
On October 5, 2023, Mayor Eric Adams, the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC) announced that households using housing vouchers will no longer have their credit checked during the process of affordable housing selection. A renter who is using rental assistance vouchers is guaranteed to pay rent either through a rental subsidy which they are qualified for or connected to the affordable unit. It is an unnecessary and … <Read More>
HPD and Project Partners Celebrate New Supportive and Affordable Housing Complex in Morris Heights
On May 24, 2023, the Department of Housing Preservation and Development joined project partners Services for the Underserved and Bronx Pro Group LLC to celebrate a housewarming for the newly opened Jerome Court redevelopment. Located at 1769 Jerome Avenue in the Morris Heights section of the Bronx, the space was transformed from a two-story single-use occupancy building to a 16-story mixed use building with supportive and affordable housing.
HPD Announces Start of Community Visioning Process for Affordable Housing Site in St. George
On March 21, 2023, the Department of Housing Preservation and Development announced the start of a community visioning process for the development of affordable housing and neighborhood amenities at 539 Jersey Street in the St. George neighborhood of Staten Island. The 115,000 square foot site, currently a garage for the Department of Sanitation, will be transformed to better serve the neighborhood.
HPD Celebrates Opening of New Residential Buildings with Affordable Housing on Bedford Union Armory Site in Crown Heights
On March 21, 2023, officials from the New York City Department of Housing preservation and Development (HPD), Housing Development Corporation (HDC), and Economic Development Corporation (EDC) joined development partners to celebrate the opening of 1101 and 1089 President Street in Crown Heights, Brooklyn. New residents moved into the new two affordable buildings that were part of the redevelopment of the Bedford Union Armory.
HPD Announces Selection of Plan and Partners for New Affordable Housing Development in Bed-Stuy
On January 12, 2023, the Department of Housing Preservation and Development announced the selection of a plan and partners for the creation of a new affordable housing development for seniors and low-income families in Bedford-Stuyvesant, Brooklyn. The development, “The Steps at Saratoga,” will also be the first New York City development to build a community-owned local network plant to provide more affordable internet access to local residents and businesses.The team selected includes RiseBoro, IMPACCT Brooklyn … <Read More>