The addition furthers the City’s goal of financing 200,000 affordable households by the end of the de Blasio administration. On December 3, 2021, the Department of Housing Preservation and Development (HPD) announced the creation of an additional 1,221 affordable homes between two completed projects in Queens and two projects that have broken ground in the Bronx and Brooklyn.
Search Results for: Affordable Housing
HPD Announces Partners for Development of 360 Affordable Units in Stapleton
The project is in the area of the Bay Street Corridor Plan. On October 13, 2021, the Department of Housing Preservation and Development announced the development team for the Stapleton Site A project. The city-owned site located south of Hannah Street in Stapleton, Staten Island, will be transformed into a mixed-use development with 100 percent affordable housing. The site is currently a vacant lot.
HPD Reveals Plans for Almost 600 Affordable Units and New Performing Arts Center in East Harlem
The two developments will have almost 600 affordable units between them. On August 13, 2021, the New York City Department of Housing Development and Preservation (HPD) announced its plan to develop nearly 600 affordable homes, a new Afro-Latin Music and Arts (ALMA) Center and to renovate the East Harlem Multi-Service Center in East Harlem. The project will include two mixed-use developments, located at 413 East 120th Street and at the former 25th Precinct … <Read More>
City Finances 30,000 Affordable Homes in 2020
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>
City Planning Hears Application for Two Affordable Buildings in the Bronx
The buildings will bring 238 affordable units to the area. On February 3, 2021, the City Planning Commission held a public hearing for an application to build two affordable mixed-use buildings at 1099 Webster Avenue in the East Concourse section of the Bronx. The buildings will be on the west side of Webster Avenue between East 166th Street and East 167th Street. The site is currently the location of a parking lot and a former … <Read More>
Housing Rights Civic Tech Competition Winners Announced
NYC[x] Co-Labs challenge hopes to address housing rights of NYC’s most vulnerable communities. On November 12, 2020, the New York Mayor’s Office of the Chief Technology Officer, the New York City Economic Development Corporation, the NYC Department of Housing Preservation and Development, the NYC Mayor’s Office to Protect Tenants, and the communities of Inwood and Washington Heights announced the winners and the honorable mentions for the NYC[x] Co-Labs Housing Rights Challenge. This challenge invited innovative … <Read More>