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>
Search Results for: Housing
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.
City Announces Affordable Housing Credit Checks No Longer Needed for Tenants Using Rental Assistance Vouchers
On October 5, 2023, Mayor Eric Adams, the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC) announced that households using housing vouchers will no longer have their credit checked during the process of affordable housing selection. A renter who is using rental assistance vouchers is guaranteed to pay rent either through a rental subsidy which they are qualified for or connected to the affordable unit. It is an unnecessary and … <Read More>
City Releases Details for “City of Yes for Housing Opportunity” Zoning Text Amendment
On September 21, 2023, Mayor Eric Adams released the details for his “City of Yes for Housing Opportunity” proposal. The proposal aims to increase the development of and access to affordable housing throughout New York City through changes to the City’s zoning code. The Mayor’s Office touts that the initiative could add 10,000 homes to expected housing production over the next 15 years, create 260,000 temporary and 6,300 permanent jobs, and provide $58.2 billion in … <Read More>
City Announces Plan to Convert Vacant Offices to Housing
On August 17, 2023, Mayor Eric Adams and Department of City Planning (DCP) Director Dan Garodnick took significant steps toward building critical new housing across the City by devising a plan to convert vacant offices into housing and implementing procedures to ensure the plan’s success.