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    Search results for "Homeownership"

    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
    (2) Comments

    NYC Mayoral Candidates Land Use Policy Recap

    CityLaw  •  Mayoral Election  •  Citywide

    Image from the second mayoral debate featuring several of the mayoral candidates. Image Credit: WABC-TV

    The Mayoral Election will help shape the City’s land use and housing policymaking decisions. Between now and June 20th, early voting is available for the NYC Primary, in which New Yorkers will help decide who will be the next Mayor of New York City. Over the course of their campaigns, mayoral candidates have developed and shared their positions on a variety of land use and housing issues including developing affordable housing, handling the eviction and homelessness crisis, revising land use review processes, how to develop underutilized space, NYCHA, and building inspections.  (more…)

    Tags : Mayoral Election
    Date: 06/17/2021
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    City Finances 30,000 Affordable Homes in 2020

    Mayor  •  Affordable Housing  •  Citywide

    Renderings of the new co-op buildings that will be part of the Soundview campus, one of the many projects initiated by the City in 2020. Image Credit: NYCHA

    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 New York plan since 2014. The city has leveraged over $7.4 billion in city capital subsidy to drive a $39.4 billion investment for the five boroughs. (more…)

    Tags : affordable housing, housing for formerly homeless, Mitchell-Lama, senior housing, supportive housing, supportive services
    Date: 02/25/2021
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    Reducing Racial Bias Embedded in Land Use Codes

    CityLaw  •  Housing Justice

    Even though the Supreme Court struck down race-based land use controls over a hundred years ago in Buchanan v. Warley, 245 U.S. 60 (1917) it has long been known that zoning continues to create or increase racial and economic segregation. Today communities across the U.S. are reexamining their zoning regulations to create more equal, equitable, inclusive, and resilient communities by removing requirements, limitations, or prohibitions that disproportionately and negatively impact individuals based on race or class. (more…)

    Tags : affordable housing, CityLaw, housing, housing justice, housing reform, land use codes, racial bias, Rezoning, tenant protections
    Date: 11/30/2020
    (1) Comment

    NYCHA and HPD Announce Construction of Affordable Housing Co-Operative Development in the Bronx

    New York City Housing Authority  •  Affordable Homeownership  •  Soundview, Bronx

    Renderings of the new co-op buildings that will be part of the Soundview campus. Image Credit: NYCHA

    Seventy-two co-op units will be available for purchase. On October 2, 2020, the New York City Housing Authority (NYCHA) and the New York City Department of Housing Preservation and Development (HPD) announced that Lemle & Wolff Companies and Avante Contracting Corp will develop a 100 percent affordable homeownership housing development at NYCHA’s Soundview campus in the Bronx. The buildings will be located across the street to the north of Soundview Park along Lacombe Avenue at the cross street of Lacombe and Rosedale Avenue. (more…)

    Tags : affordable homeownership, HPD, NYCHA, soundview
    Date: 10/08/2020
    (1) Comment
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