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    Search results for "Affordable Housing"

    HPD and NYCHA Announce Deal to Construct 101 Units of Affordable Housing in the Bronx

    Department of Housing Preservation & Development  •  Affordable Housing  •  Mott Haven, Bronx

    Rendering of the Betances Family Apartments. Image Credit: HPD.

    Supportive services will be offered to all households. On September 28, 2021, the New York City Housing Authority (NYCHA) and the Department of Housing Preservation and Development (HPD) announced the finalization of a deal to bring 101 new affordable apartments to the Mott Haven neighborhood in the Bronx. The Betances Family Apartments project, located at the corner of East 146th Street and Willis Avenue on NYCHA’s Betances VI campus, will be 100 percent affordable. The new mixed-use building will replace a vacant retail building. (more…)

    Date: 09/29/2021
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    City Announces Record Number of New Affordable Housing Units Constructed in 2021 Fiscal Year

    Mayor  •  Affordable Housing  •  Citywide

    Mayor de Blasio, Deputy Mayor Vicki Been and others at ribbon cutting for a new affordable housing development in the Bronx, part of the City’s record year for creating affordable housing citywide. Image Credit: Ed Reed/Mayoral Photography Office.

    The City is on track to create and preserve 200,000 affordable homes by the end of Mayor de Blasio’s administration. On July 26, 2021, Mayor Bill de Blasio and Deputy Mayor Vicki Been announced that the City created and preserved 28,310 affordable homes in the 2021 fiscal year.  (more…)

    Date: 08/03/2021
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    Ribbon Cut on New Affordable Housing Development in Jamaica

    Department of Housing Preservation & Development  •  Affordable Housing  •  Jamaica, Queens

    The Northeastern Tower Annex. Image Credit: HPD

    The building provides much needed affordable housing for seniors. On July 21, 2021, the Department of Housing Preservation and Development (HPD), other City and elected officials, community leaders and others participated in a ribbon-cutting ceremony for Northeastern Towers Annex at 161-11 132nd Avenue in Jamaica, Queens. Northeastern Towers Annex is a 159 affordable-unit development for seniors.  (more…)

    Tags : affordable housing, senior housing
    Date: 07/28/2021
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    State Legislature Passes Law to Fund Hotel and Office Conversion to Affordable Housing

    New York State Senate  •  Affordable Housing  •  Statewide

    State Senator Michael N. Gianaris debates the HONDA bill at the legislative session on June 9, 2021. Image Credit: New York State Senate

    The properties will be owned, operated and managed by selected nonprofit organizations. On June 9, 2020, the New York State Senate and Assembly passed the Housing Our Neighbors with Dignity Act. The Bill, sponsored by Deputy Majority Leader Michael Gianaris and Assemblymember Karines Reyes, allows New York State to partner with nonprofit organizations to finance the acquisition and conversion of distressed hotels and commercial office space into affordable housing. (more…)

    Date: 07/06/2021
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    HPD Announces Affordable Housing and Library Project in Inwood

    Department of Housing Preservation & Development  •  Affordable Housing  •  Inwood, Manhattan

    Rendering of the Eliza. Image Credit: HPD

    The new Eliza project will bring 174 affordable homes and a state-of-the-art public library to the Inwood community. On June 10, 2021, the Department of Housing Preservation and Development announced the Eliza, a mixed use development featuring affordable housing and a public library, and education space, located at 4790 Broadway in Inwood. The project has been fully financed and is moving forward. (more…)

    Date: 06/28/2021
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