168 residential units were created on top of an existing building structure that will serve low-income and formerly homeless seniors. On August 5, 2019, the New York City Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and the New York City Housing Authority (NYCHA) celebrated the completion of 1880 Boston Road, a 168-unit affordable senior housing development in the West Farms neighborhood of the Bronx. HPD, HDC, and NYCHA … <Read More>
Search Results for: Affordable Housing
Affordable and Environmentally Friendly Senior Housing Project Opens in Queens
The development provides housing and supportive services to formerly homeless seniors. On May 29, 2019, the Department of Housing Preservation and Development announced the grand opening of HANAC’s $36 million Corona Senior Residence at 54-17 101St Street in Corona, Queens. The newly constructed eight-story housing project is environmentally friendly and comes with 67 affordable studio and one-bedroom residences, 21 of which are for formerly homeless seniors. The building features an early childhood education … <Read More>
Construction Begins at The Doe Fund’s New Bronx Affordable and Supportive Housing Development
The development will provide onsite supportive services for residents. On December 7, 2018, The Doe Fund broke ground at 3188 Villa Avenue, located in the Bedford Park/Special Grand Concourse District of the Bronx to begin construction of a 68-unit affordable and supportive housing development. The Doe Fund is partnering with Chase Community Development Banking to finance the construction, as well as the Department of Housing Preservation and Development, NYCHA, the Corporation for Supportive Housing, and … <Read More>
New York State Assembly Housing Committee Chair Keith Wright Proposes Bill to Subsidize Affordable and Senior Housing
The bill seeks to fill the gap left open by the expiration of 421-a, the decades-old tax exemption program that expired on January 1, 2016. On March 15, 2016, New York State Assembly Housing Committee Chair Keith Wright, who represents Manhattan, introduced Assembly bill A9537, which would provide for new, taxpayer-funded affordable housing subsidies and job training programs. If enacted, the bill would incentivize the construction of affordable housing and affordable senior housing through subsidies, … <Read More>
Affordable rental housing OK’d for South Bronx
Developer obtained rezoning in order to build 175-unit, mixed-income, affordable housing project. On June 9, 2010, the City Council approved CBC Associates and the South Bronx Overall Economic Development Corporation’s proposal to rezone an entire block in the Crotona Park East section of the Bronx from C8-3 to R7- 1/C2-4 to facilitate the development of an eight-story, affordable housing project. The developers will construct the building on a 48,992 sq.ft. lot at 1825 Boston Road … <Read More>
City of Yes for Housing Opportunity Overview: City Celebrates Start of Public Review Process
On April 29, 2024, the City Planning Commission launched the public review process for the proposed City of Yes for Housing Opportunity text amendment. The text amendment is one of three City of Yes amendments aiming to remove or modify outdated provisions within the zoning text that inhibit economic growth, the ability for developers to build, and the implementation of green technology and infrastructure.