HPD Launches Month-Long Affordable Housing Push with Over 500 Units Planned at Inwood Waterfront Site

On January 29, 2024, the Department of Housing Preservation and Development began a month-long effort to advance affordable housing projects on public sites citywide as part of Mayor Eric Adams’ “24 in 24” plan. The plan, announced in his State of the City address, aims to advance 24 affordable housing projects on public sites in 2024 to create or preserve over 12,000 affordable units. The first site is currently an unused city-owned parking lot on <Read More>



City Planning Hears Application for Arts Center and Affordable Housing Development in Brownsville

On December 13, 2023, the City Planning Commission held a meeting on the City’s Brownsville Arts Center and Apartments project, an application that would enable the development of a mixed-use residential and community space at 376 Rockaway Avenue in the Brownsville neighborhood of Brooklyn. The proposed site is currently a vacant city-owned lot. The applicant, the Department of Housing Preservation and Development, seeks to rezone the area that is located mid-block between East New York … <Read More>


City Planning Hears Application for New Affordable and Supportive Housing, Arts Center in East Harlem

On November 29, 2023, the City Planning Commission held a public hearing for an application to create a mixed-use 100 percent affordable building at 101 East 118th Street in East Harlem. The proposed 19-story building, called Timbale Terrace, will also be the new home for Afro Latin Jazz Alliance. The site is currently a parking lot for the New York Police Department’s 25th Precinct. The application was presented by the Department of Housing Preservation and <Read More>


City Breaks Ground on New Phase of Affordable Housing Development in Hunts Point

On November 29, 2023, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York City Economic Development Corporation joined the development team to celebrate the groundbreaking of the next phase of the Peninsula, a 100 percent affordable housing mixed-use campus in the Hunts Point section of the Bronx. The development team included Gilbane Development Company, Hudson Companies, MHANY Management Inc, and Wells Fargo.  


Governor Celebrates Opening of 96-Unit All-Electric Affordable Housing Development in Fordham Heights

On November 3, 2023, Governor Kathy Hochul announced the completion of a new all-electric affordable and supportive housing development in the Fordham Heights neighborhood of the Bronx. The housing development, named the 2050 Grand Concourse, was awarded funding from the State’s Buildings of Excellence Competition. The aim of the Competition was to advance zero-carbon multifamily buildings in the State.