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.
Search Results for: Affordable Housing
Governor Announces Beginning of Construction of New Affordable Housing Development in Wakefield
The new building will be across the street from another affordable housing development recently approved by the City Planning Commission. On May 25, 2022, Governor Kathy Hochul announced the beginning of construction for a new affordable and supportive housing development in the Wakefield section of the Bronx. The Plains will be located at 4519 White Plains Road between East 239th and East 240th Street. The development team consists of the Doe Fund and Robert Sanborn … <Read More>
East New York Affordable Housing Project Completes Phase 1
Project will result in 1,163 affordable homes. On October 20, 2020 Governor Andrew M. Cuomo announced the completion of the initial phase of the Fountains of Brooklyn project that is being constructed on the site of the State’s former Brooklyn Developmental Center in East New York, which closed in 2015. This project is a 6.7-acre mixed-use complex that will ultimately offer 1,163 affordable homes. The first two completed buildings of the project will include 332 … <Read More>
Advocacy Coalition Launches Campaign to Urge Governor Cuomo to Release Affordable Housing Funds
The campaign seeks to push Governor Cuomo to release the funding before the conclusion of the legislative session on June 16, 2016. On May 23, 2016, the “Campaign 4 NY/NY,” an advocacy group endorsed by more than 300 organizations, launched a campaign urging Governor Andrew Cuomo to release the $2 billion committed in the State budget to the creation of supportive housing. Governor Cuomo announced the commitment in his State of the State address in … <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>
City and State Officials Announce Completion of Affordable and Supportive Housing Development in Coney Island
The new building is 500 feet from the beach and boardwalk. On March 30, 2022, Governor Kathy Hochul and the New York City Department of Housing Preservation and Development (HPD) announced the completion of a new affordable and supportive housing development in Coney Island, Brooklyn. The mixed-use development, called Raven Hall, has 216 affordable apartments and ground floor retail. It is located at 2006 Surf Avenue. The development team consists of Georgica Green Ventures, LLC … <Read More>