Both buildings offer a variety of enrichment opportunities and support for seniors. On July 2, 2021, the Department of Housing Preservation and Development (HPD), the New York City Housing Authority (NYCHA) and the New York City Housing Development Corporation (HDC) finalized two deals to secure 393 new affordable senior housing units to the Soundview neighborhood in the Bronx and the Bedford-Stuyvesant neighborhood in Brooklyn.
Search Results for: Department of Housing Preservation and Development
HPD Announces Affordable Housing and Library Project in Inwood
The new Eliza project will bring 174 affordable homes and a state-of-the-art public library to the Inwood community. On June 10, 2021, the Department of Housing Preservation and Development announced the Eliza, a mixed use development featuring affordable housing and a public library, and education space, located at 4790 Broadway in Inwood. The project has been fully financed and is moving forward.
Jamie Torres-Springer Appointed New Commissioner of Design and Construction
Torres-Springer, the former First Deputy Commissioner of the department, will be succeeding Senior Advisor for Recovery and outgoing Commissioner Lorraine Grillo. On March 23, 2021, Mayor Bill de Blasio appointed Jamie Torres-Springer as Commissioner of the New York City Department of Design and Construction. Torres-Springer will be succeeding Lorraine Grillo. Former Commissioner Grillo left the position earlier in March to serve as the City’s Senior Advisor for Recovery.
Bronx Affordable Housing Development Enters Final Phase
The new affordable housing development will house 261 low-income and formerly homeless families. On March 19, 2021, Mayor de Blasio and the Department of Housing Preservation and Development announced the groundbreaking of a new affordable housing building in the West Farms section of the Bronx. The building, named Compass Six, is located at 1923 West Farms Road. Compass Six is part of the Compass Resident Development, which will consist of eight buildings and be one … <Read More>
HPD Releases New Design Guidelines for Affordable Housing
The newly revised design guidelines will promote equity, health, and sustainability for affordable housing. On March 4, 2021, the Department of Housing Preservation and Development released newly revised design guidelines for affordable housing. The COVID-19 pandemic led the Department of Housing Preservation and Development to have stronger requirements to improve the standard of living, promote public health, and reduce the carbon footprint of New York City.
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>