Mayor, HPD, Project Renewal Open New Affordable Housing with Aquaponics Farming in Bedford Park

The building’s living green facade helps reduce air pollution and conserve energy. On July 14, 2022, Mayor Eric Adams, joined by the Department of Housing Preservation, the Housing Development Corporation, and non-profit Project Renewal, celebrated the opening of the first phase of Bedford Green House. Bedford Green House is located at 2865 Creston Avenue in the Bedford Park section of the Bronx.


Elected Officials Celebrate Starhill Construction Start in Morris Heights

The mixed-use Bronx development will support adults experiencing homelessness through substance abuse treatment programs. On July 27, 2022, Mayor Eric Adams and Governor Kathy Hochul announced the start of construction for Starhill Phase I. This $189 million affordable housing development is located in the Morris Heights section of the Bronx and features ample supportive housing.



New York City Acquisition Fund to Have Exclusive Focus on M/WBEs and Nonprofits

The fund currently has $210 million in lendable proceeds. On January 21, 2021, Mayor Bill de Blasio, along with the Taskforce on Racial Inclusion & Equity, the Department of Housing Preservation and Development, the Housing Development Corporation, Enterprise Community Partners, Local Initiatives Support Corporation, and a coalition of public, private and philanthropic partners announced that the New York City Acquisition Fund (NYCAF) will exclusively serve Minority and Women-Owned Businesses (M/WBEs) and nonprofits to support affordable <Read More>


Mayor Finances 25,299 Affordable Homes for the Fiscal Year 2019

City pushes forward on its goal to create 300,000 affordable homes and produces a record number of affordable units for homeless, seniors, and those in need of supportive services. On July 30, 2019, the Office of the Mayor announced that the City has financed 25,299 affordable homes for 2019. The Mayor plans to finance 300,000 affordable homes through the Housing New York plan by 2026.