HPD Announces Construction of First Phase of 740-Unit Affordable Mixed-Use Development in South Bronx

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>


$117.7 Million Affordable Housing Development for Seniors Opens in Mott Haven

Supportive services onsite will receive funding from the New York State Office of Mental Health. On May 21, 2019, the Department of Housing Preservation and Development, Governor Andrew Cuomo and other City and State officials announced the opening of Tres Puentes Senior Apartments at 285 East 138th Street and 2550 3rd Avenue in the Mott Haven neighborhood of the Bronx.


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>


New Highbridge Development Provides Housing for Formerly Homeless Households and Veterans

The new building will provide supportive services and amenities to tenants. On April 16, 2019, the Department of Housing Preservation and Development, Services for the Underserved, and other development partners announced the opening of 1434 Undercliff Avenue, in the Highbridge neighborhood of the Bronx . The new development will serve as supportive housing for formerly homeless and low-income New Yorkers.


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>


HPD, HDC, HCR Celebrate Groundbreaking for Stevenson Square Project to Bring 1000 Affordable Units to the Bronx

On March 1, 2024, the New York City Department of Housing Prevention and Development (HPD), New York City Housing Development Corporation (HDC), and the New York State Division of Housing and Community Renewal (HCR) celebrated the groundbreaking for Stevenson Square in the Soundview section of The Bronx. The $1 billion construction project, in conjunction with Camber Property Group, will build affordable homes in furtherance of the ‘Housing Our Neighbors Blueprint’ initiative.