The zoning text amendments are in development and will be drafted with input from stakeholders before undergoing public review later this year. On June 1, 2022, Mayor Eric Adams announced a plan for a series of new zoning text amendments and programs aimed at removing obstacles for the recovery of small businesses, increased affordable housing, and the expansion of green technology to promote sustainability. The three zoning text amendments – the Zoning for Economic Opportunity, … <Read More>
The new building will be across the street from another affordable housing development recently approved by the City Planning Commission. On May 25, 2022, Governor Kathy Hochul announced the beginning of construction for a new affordable and supportive housing development in the Wakefield section of the Bronx. The Plains will be located at 4519 White Plains Road between East 239th and East 240th Street. The development team consists of the Doe Fund and Robert Sanborn … <Read More>
The three appointments are the latest to the new Adams administration. On January 30, 2022, Mayor Eric Adams announced his appointments for his administration’s affordable housing administration and policy team. The new appointees are Jessica Katz as the Chief Housing Officer; Adolfo Carrión Jr. as the new Commissioner of the Department of Housing and Preservation (HPD); and Eric Enderlin, who will continue to serve as the president of the Housing Development Corporation (HDC). The … <Read More>
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.
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.
$466 million moved back into the 2021 Fiscal Year’s capital budget. On October 22, 2020, Mayor Bill de Blasio announced the acceleration of capital funding within the City’s affordable housing plan by shifting $466 million to the current fiscal year’s capital budget to address urgent affordable housing needs. In March, the City moved $466 million from the Department of Housing Preservation and Developments Fiscal Year 2021 budget to the Fiscal Years 2022 through 2024. However, … <Read More>