The newly financed homes keep New York City on track to meet its goal to provide 300,000 affordable homes by 2026. On February 9, 2021, Mayor Bill de Blasio announced that the City financed the construction and preservation of 29,521 affordable homes in 2020. Fifty-seven percent of the affordable homes financed in 2020 will serve families of three that earn less than $52,000 per year. The city has financed over 177,000 homes through the Housing … <Read More>
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DOB Announces Facade & Scaffold Safety Blitz
The sweeps will focus on approximately 1,100 sites performing facade work across New York City. On February 18, 2021, the Department of Buildings (DOB) announced the launch of a seven-week long facade and scaffold safety blitz. The campaign includes educational outreach to construction workers and other industry professionals and inspection sweeps of facade work sites citywide.
Mayor Announces Start of Environmental Justice Study
The process will be a comprehensive study of environmental justice issues with the goal of developing a citywide Environmental Justice Plan to combat the issues. On February 9, 2021, Mayor Bill de Blasio announced the launch of the Environmental Justice for All Report, a comprehensive study of environmental justice issues. The report will study and collect information from various communities on environmental justice issues and work to formulate a plan to end the burden of … <Read More>
New Entrances to Prospect Park Completed
The entrances are part of a $40 million series of park improvement projects citywide. On January 27, 2021, the Parks Department cut the ribbon on two new completed entrances to Prospect Park along Flatbush Avenue in Brooklyn. The new entrances are the first additional entrances added to Prospect Park since the 1940’s. NYC Parks Commissioner Mitchell J. Silver, FAICP, Deputy Mayor for Housing and Economic Development Vicki Been, Council Majority Leader Laurie Cumbo, Council Member … <Read More>
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 Appoints Two Co-Executive Directors for Mayor’s Fund to Advance New York City
Last year the Mayor’s Fund helped immigrant families access relief funds and provided healthcare workers with food and essential care products. On January 19, 2021, Mayor Bill de Blasio appointed Daniele Baierlein and JL Paniagua Valle as Co-Executive Directors of the Mayor’s Fund to Advance New York City. The Mayor’s Fund is a non-profit organization that works with City agencies and hundreds of institutional funders to advance initiatives that improve equity across New York City.