Council-approved developments in Special Clinton District will achieve 39 percent affordability across a range of Area Median Incomes. On June 26, 2014, the City Council unanimously voted 48-0 to approve applications which would facilitate the development of two new mixed-use buildings, the rehabilitation of another building, and creation of three new community gardens in the Special Clinton District in Manhattan. The joint applications were proposed by the Clinton Housing Development Company, the New York … <Read More>
Search Results for: Affordable Housing Financing
$350 Million Investment In Affordable Housing
Partnership announced to establish a $350 million fund to support affordable housing throughout the City. On July 30, 2014, Mayor Bill de Blasio and Comptroller Scott M. Stringer announced a partnership to establish a $350 million fund to support affordable housing throughout New York City. The new financing was raised through the support of Citi, the New York City Retirement Systems, the New York City Housing Development Corporation, Wells Fargo, Morgan … <Read More>
Affordable Housing at Domino Sugar Hearing Dominated Council Concerns
Local Williamsburg Council Members Antonio Reynoso and Stephen Levin led questioning of Two Trees Management on Domino Project. On April 1, 2014, the City Council Land Use Subcommittee on Zoning and Franchises heard Two Tree Management’s application for special permits and a zoning text amendment to transform the Domino Sugar Refinery into a mixed-use development. The City Planning Commission voted unanimously in favor of the application on March 5, 2014 following Mayor Bill de … <Read More>
Affordable rental housing OK’d for South Bronx
Developer obtained rezoning in order to build 175-unit, mixed-income, affordable housing project. On June 9, 2010, the City Council approved CBC Associates and the South Bronx Overall Economic Development Corporation’s proposal to rezone an entire block in the Crotona Park East section of the Bronx from C8-3 to R7- 1/C2-4 to facilitate the development of an eight-story, affordable housing project. The developers will construct the building on a 48,992 sq.ft. lot at 1825 Boston Road … <Read More>
City Releases Final ‘Where We Live NYC’ Plan
The plan has been updated to reflect the City’s needs following the pandemic. On October 20, 2020, Mayor Bill de Blasio and the Deputy Mayor for Housing and Economic Development, Vicki Been, released the final Where We Live NYC Plan, the City’s plan for fair housing in the five boroughs.
City’s Plus One ADU Pilot Program to Help Homeowners Add Accessory Units to Their Properties
On November 21, 2023, the New York City Department of Housing Preservation and Development announced the launch of the “Plus One ADU” pilot program to help up to fifteen homeowners add accessory dwelling units to their properties.