The newly financed homes keep New York City on track to meet its goal to provide 300,000 affordable homes by 2026. On February 9, 2021, Mayor Bill de Blasio announced that the City financed the construction and preservation of 29,521 affordable homes in 2020. Fifty-seven percent of the affordable homes financed in 2020 will serve families of three that earn less than $52,000 per year. The city has financed over 177,000 homes through the Housing … <Read More>
Search Results for: Brooklyn
Mayor Announces City Divestment from Fossil Fuel Companies
This divestment will address significant risks fossil fuel holdings pose to the environment and funds. On January 25, 2021, Mayor de Blasio, Comptroller Stringer, and trustees announced that they had voted to divest their portfolios from securities related to fossil fuel companies, in what is expected to be the largest divestment in the world.
Mayor’s Office Announces Record Total Bike Lane Expansion for 2020
The addition of protected bike lanes comes as more people opt for cycling as a transportation option during the COVID-19 pandemic. On December 29, 2020, Mayor Bill de Blasio announced that 28.6 miles of new protected bike lanes have been constructed across the five boroughs throughout 2020. The announcement brings New York City’s total bike lane network to 1,378 miles. Of that, 545 miles are protected bike lanes.
City Reaches Settlement Agreement with Verizon FiOS Regarding Expansion
The new agreement stresses the need for internet access. On November 24, 2020, Mayor Bill de Blasio announce efforts to tackle the digital divide in New York City by ensuring that Verizon builds out its FiOS footprint to 500,000 additional householders, making high-speed fiber broadband available to more New Yorkers. Verizon failed to meet the terms of its current cable franchise agreement made with the Bloomberg administration to build out its FiOS network.
Housing Rights Civic Tech Competition Winners Announced
NYC[x] Co-Labs challenge hopes to address housing rights of NYC’s most vulnerable communities. On November 12, 2020, the New York Mayor’s Office of the Chief Technology Officer, the New York City Economic Development Corporation, the NYC Department of Housing Preservation and Development, the NYC Mayor’s Office to Protect Tenants, and the communities of Inwood and Washington Heights announced the winners and the honorable mentions for the NYC[x] Co-Labs Housing Rights Challenge. This challenge invited innovative … <Read More>
Mayor Appoints Two New Members to the Public Design Commission
Kenseth Armstead and Deborah Marton join the eleven member board. On November 5, 2020 Mayor Bill de Blasio appointed two new members, Deborah Matron and Kenseth Armstead, to the Public Design Commission. Both were approved by an overwhelming majority of the City Council.