On April 8, 2024, Governor Kathy Hochul announced $412 million in bonds and subsidies to create and preserve nearly 1,100 affordable homes statewide, including four projects in the Bronx and Brooklyn. The awards are part of the Governor’s five-year $25 billion housing plan to preserve or create 100,000 affordable homes statewide with 10,000 supportive homes.
Governor
Governor Announces $514k Settlement Against Landlord for Overcharging Rent
On February 14, 2024, New York State Governor Kathy Hochul announced a settlement of $514,000 by New York State Homes and Community Renewal Tenant Protection Unit (TPU) against Manhattan landlord Steven Croman of Centennial Properties for unlawfully defrauding renters. Croman was found guilty of engaging in a scheme to lease regulated units for less than one or two years which in turn made apartments unavailable for New Yorkers in search of safe, stable housing. The … <Read More>
Governor Celebrates Opening of 96-Unit All-Electric Affordable Housing Development in Fordham Heights
On November 3, 2023, Governor Kathy Hochul announced the completion of a new all-electric affordable and supportive housing development in the Fordham Heights neighborhood of the Bronx. The housing development, named the 2050 Grand Concourse, was awarded funding from the State’s Buildings of Excellence Competition. The aim of the Competition was to advance zero-carbon multifamily buildings in the State.
Governor Announces Investment in Statewide Fair Housing Testing Program
On February 24th, 2023, New York State Governor Kathy Hochul announced a state-wide, $2.2 million investment in New York’s Fair Housing Testing Program. The expansion will be overseen and administered by New York State Homes and Community Renewal’s Fair and Equitable Housing Office. The purpose of the Fair Housing Testing Program is to increase investigations into housing discrimination and enhance education and outreach efforts for fair housing rights, including for individuals with a … <Read More>
Governor Announces Over $390 Million for Ten Affordable and Supportive Housing Projects Across the State, Four in NYC
On January 19, 2023, Governor Kathy Hochul announced that over $390 million was awarded through bonds and subsidies for affordable and supportive housing statewide. With additional private funding, over $600 million is expected to be invested to preserve over 1,600 units in ten projects across the state, including four projects within New York City. The four New York City projects are Bedford Green House Phase II in Fordham Heights in the Bronx; Shepherd Glenmore in … <Read More>
Governor Announces Completion of 160 Affordable and Supportive Units in Brownsville
The new development is part of an initiative to bring 4,000 affordable units to Central Brooklyn. On November 30, 2022, Governor Kathy Hochul announced the completion of a new affordable and supportive development in Brownsville, Brooklyn. The development, called Vital Brookdale, is located at 535 East 98th Street.