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>
Search Results for: Affordable Housing
City Planning Holds Public Hearing on 100% Affordable Mixed-Use Development in Brooklyn
The proposed mixed-use development looks to activate vacant land near the Halsey Street Subway station. On August 17, 2020, the City Planning Commission held a remote public hearing on a City application that would facilitate the construction of an eight-story mixed use development in the Ocean Hill neighborhood of Brooklyn. The site is currently a vacant, trapezoidal block situated mainly along Broadway to the northeast, Hancock Street to the southeast, and Saratoga Ave to the … <Read More>
City Launches Landlord-Tenant Mediation Project for Housing Security
The Community Dispute Resolution Centers will be available in all five boroughs. On July 21, 2020, Mayor de Blasio and the Taskforce on Racial Inclusion and Equity announced the start of a new mediation program for small landlords and tenants across the City. The Citywide Landlord-Tenant Mediation Project will provide both parties with an opportunity to resolve rent-related disputes outside of the housing court system to prevent evictions during the pandemic.
Council Subcommittee Hears Application for Affordable Homeownership Project in Bedford-Stuyvesant
HPD’s Open Door Program a key facet of Rochester Suydam application. On February 26, 2020, the City Council Subcommittee on Landmarks, Public Sitings and Dispositions heard the Department of Housing Preservation and Development and BJF Development’s application for the disposition of City owned property, the designation of an Urban Development Action Area and the approval of a property tax exemption under Article XI of the Private Housing Finance Law. The approval would facilitate the development … <Read More>
Developers Must Set Aside Affordable Retail Space in City-Funded Developments
The law will help provide more opportunities for small businesses to remain in the City. On February 23, 2020, Introduction 1408-B was enacted into Local Law 35 of 2020. Introduction 1408-B requires developers to set aside affordable retail space for non-chain retailers within large City-funded affordable housing developments. The requirement will apply to certain affordable housing developments of at least 750,000 square feet that receive $15 million or more in City funds. The law, sponsored … <Read More>
New York City Finances Over 25,000 Affordable Homes in 2019
The addition of over 25,000 affordable homes brings the City’s total affordable homes financed since 2014 to over 147,000. On February 3, 2020, the Department of Housing Preservation and Development announced that the City financed 25,889 homes in 2019. Of this number, 15,692 affordable homes were preserved and another 10,197 new affordable homes were financed.