On January 19, 2023, Governor Kathy Hochul announced that over $390 million was awarded through bonds and subsidies for affordable and supportive housing statewide. With additional private funding, over $600 million is expected to be invested to preserve over 1,600 units in ten projects across the state, including four projects within New York City. The four New York City projects are Bedford Green House Phase II in Fordham Heights in the Bronx; Shepherd Glenmore in … <Read More>
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HPD Announces Selection of Plan and Partners for New Affordable Housing Development in Bed-Stuy
On January 12, 2023, the Department of Housing Preservation and Development announced the selection of a plan and partners for the creation of a new affordable housing development for seniors and low-income families in Bedford-Stuyvesant, Brooklyn. The development, “The Steps at Saratoga,” will also be the first New York City development to build a community-owned local network plant to provide more affordable internet access to local residents and businesses.The team selected includes RiseBoro, IMPACCT Brooklyn … <Read More>
Officials Break Ground on New Affordable, Supportive, and Transitional Housing in East New York
On December 14, 2022, Mayor Eric Adams and Governor Kathy Hochul announced the start of construction of Logan Fountain, a new mixed-use development in East New York that will bring affordable, supportive transitional housing and retail space to the site of a defunct gas station. The new development will be located at 265 Logan Street.
Elected Officials Announce Construction of New Affordable Housing in Fordham Heights
On December 9, 2022, Mayor Eric Adams and Governor Kathy Hochul announced the start of construction on a new affordable housing development in the Fordham Heights section of the Bronx. The project, Bedford Green House II, will be located at 2880 Jerome Avenue.
City Officials Celebrate New Gotham Point Development, Senior Housing in Long Island City
On November 15, 2022, City agency and elected officials joined the Gotham Organization for the announcement of the completion of Gotham Point, a new housing development in Long Island City. The North Tower, the final part of the development, is located at 1-15 57th Avenue.
Mayor, Health + Hospitals Announce New Initiative to Connect Homeless Patients with Affordable, Supportive Housing
On November 3, Mayor Eric Adams and NYC Health + Hospitals President Dr. Mitchell Katz announced a new initiative to connect homeless healthcare patients with affordable housing and support. The initiative, “Housing for Health,” plans to create nearly 650 new homes over the next five years, all of which will be affordable and situated near NYC Health + Hospital locations.