The program offers up to a $100,000 forgivable loan to cover down portions of down payments or closing costs. On October 4, 2021, the Department of Housing Preservation and Development announced the first expansion of its “HomeFirst” Down Payment Assistance Program. The “HomeFirst” Program offers financial assistance in the form of a forgivable loan for first-time homebuyers in purchasing a home in New York City by helping cover portions of down payments or closing costs.
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DOB Announces Results of Construction Safety Campaign
DOB inspectors visited almost 7,500 constructions sites over the summer. On September 13, 2021, Department of Buildings Commissioner, Melanie E. La Rocca released the results of the new Zero Tolerance Construction Safety campaign, where Department inspectors swept construction sites citywide to check for proper safeguards. The campaign launched in early June following seven construction-related fatalities between January and May 2021.
City Launches Program to Help Homeowners Install Solar and High-Efficiency Electric Cooling and Heating
On September 20, 2021, Mayor Bill de Blasio announced the launch of ElectrifyNYC, a program that will help New Yorkers install solar panels and air source heat pump technology. The program is designed to help the City advance its goals of reducing carbon emissions creating equitable access to green technologies.
Brooklyn Bridge Bike Path Completed, Open for Use
The new bike lane is the first reconfiguration of the Brooklyn Bridge since 1950. On September 14, 2021, the new two-way protected bike lane on the Brooklyn Bridge was completed and open for use. The new bike lane provides protection for cyclists and pedestrians, who now have exclusive access to the promenade where the bike lane previously was located. For CityLand’s prior coverage of this project, click here.
CIty Council Votes to Require NYCHA to Report Greenhouse Gas Emissions
The bill furthers the City’s goals of reducing greenhouse gas emissions citywide. On August 26, 2021, the City Council voted to approve a bill that requires the New York City Housing Authority (NYCHA) to report the greenhouse gas emissions for NYCHA’s buildings. Int. 2283-A, sponsored by Council Member Helen Rosenthal, aims to promote transparency and further the City’s goals of reducing greenhouse gas emissions citywide. The bill helps strengthen the efforts to reduce greenhouse gas … <Read More>
Permanent Open Restaurant Program Proposal Continues Through Public Review Process
Over 11,000 restaurants are currently participating in the Open Restaurant Program. Earlier this year, Mayor Bill de Blasio announced four citywide zoning amendment proposals to support small businesses, create more grocery stores and improve accessibility in transit. One of the proposals, the permanent open restaurant zoning text amendment, seeks to establish a permanent open restaurant program by removing the geographic restrictions on where sidewalk cafes can be located.