Rendering for 4519 White Plains Road. Image Credit: Office of Governor Kathy Hochul.

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 Development. (more…)

Mayor Adams announces his administration’s affordable housing team. Image Credit: Michael Appleton/Mayoral Photography Office

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 three appointments were announced as Mayor Adams finishes his first month in office. (more…)

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…)

The Northeastern Tower Annex. Image Credit: HPD

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.  (more…)

Mayor Bill de Blasio. Image credit: CityLand

$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, following the COVID-19 pandemic and the need to support the ongoing recovery efforts, the Department moved these funds back to Fiscal Year 2021. After this shift, the City would have invested $1.4 billion in affordable housing this year. This funding acceleration keeps the Housing New York project on track to create and preserve 300,000 affordable homes by 2026. (more…)