The building includes a community center with a variety of programs to promote economic growth and youth development. On October 4, 2022, the Department of Housing Preservation and Development (HPD) joined other city agencies, MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corporation to celebrate the opening of Chestnut Commons Apartments in East New York, Brooklyn. Chestnut Commons Apartments, located at 110 Dinsmore Place, is a new 275-permanently affordable unit building.
Search Results for: Affordable Housing
City Announces Start of Construction for 103 Affordable Unit Development in Mount Hope
The $55 million mixed-use development in Mount Hope will house 103 low-income and formerly homeless New Yorkers. On July 20, 2022, NYC Mayor Eric Adams and New York Governor Kathy Hochul announced the beginning of construction on an affordable housing development in Mount Hope, Bronx. The new building will be adjacent to the existing Mount Hope Community Center on Walton Avenue.
City and State Officials Celebrate Groundbreaking of New Mixed-Use Affordable Development in Brownsville
On May 17, 2022, City and State officials joined the development team of non-profit The Bridge, Greenpoint Manufacturing and Design Center, and Mega Development for the ground breaking of Bridge Rockaway, a new mixed-use affordable housing development in Brownsville, Brooklyn.
HPD Releases Initial Results of 2021 Housing and Vacancy Survey
On May 17, 2022, the Department of Housing Preservation and Development (HPD) released some initial results of the 2021 New York City Housing and Vacancy Survey. The survey is the official source of the city’s net rental vacancy rate, which is used to determine the continued need for rent stabilization. From its start in 1965, the survey is the longest running housing survey in the United States.
City Announces Updates on Infrastructure and Affordable Homeownership Projects in Southeast Queens
On March 9, 2022, Mayor Eric Adams announced updates to two infrastructure and affordable housing projects in Southeast Queens.
HPD Announces Partners for Development of 360 Affordable Units in Stapleton
The project is in the area of the Bay Street Corridor Plan. On October 13, 2021, the Department of Housing Preservation and Development announced the development team for the Stapleton Site A project. The city-owned site located south of Hannah Street in Stapleton, Staten Island, will be transformed into a mixed-use development with 100 percent affordable housing. The site is currently a vacant lot.