Eighty-five percent of the survey respondents expect to go out of business within six months. On July 10, 2020, New York City Comptroller Scott M. Stringer released a comprehensive analysis of the economic hardships minority and women-owned enterprises (M/WBEs) are facing during the COVID-19 pandemic. In response to the survey findings, Comptroller Stringer announced new accountability measures to ensure the City is meeting its M/WBE goals.
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Public and Private Partnership Develops Affordable Mixed-Income Building for Jamaica, Queens
The new building will have a variety of amenities and 111 parking spaces for residents. On February 12, 2019, HPD and HDC announced the completion of Alvista Towers, a 380-unit, affordable housing development in Jamaica, Queens. City agencies and private sector firms came together to develop this project as part of the City’s affordable housing initiative. The involved parties were the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), … <Read More>