The $55 million mixed-use development in Mount Hope will house 103 low-income and formerly homeless New Yorkers. On July 20, 2022, NYC Mayor Eric Adams and New York Governor Kathy Hochul announced the beginning of construction on an affordable housing development in Mount Hope, Bronx. The new building will be adjacent to the existing Mount Hope Community Center on Walton Avenue.
Search Results for: Affordable Housing and Homelessness
Mayor, HPD, Project Renewal Open New Affordable Housing with Aquaponics Farming in Bedford Park
The building’s living green facade helps reduce air pollution and conserve energy. On July 14, 2022, Mayor Eric Adams, joined by the Department of Housing Preservation, the Housing Development Corporation, and non-profit Project Renewal, celebrated the opening of the first phase of Bedford Green House. Bedford Green House is located at 2865 Creston Avenue in the Bedford Park section of the Bronx.
Mayor Eric Adams Releases Blueprint for Housing and Homelessness
Mayor Adams Addresses the Issue of Affordable Housing and Works Towards Building More Affordable Housing. On June 14, 2022, Mayor Eric Adams released Housing Our Neighbors: A Blueprint for Housing and Homelessness, his administration’s plan to address New York City’s affordable housing crisis. The Blueprint discusses making the City a welcoming and homely place where people can stay and grow together as a family by creating housing that is available and affordable for people … <Read More>
Governor Signs Hotel Conversion Bill to Create More Opportunities for Permanent Housing
The new legislation allows hotels to house residents on a more permanent basis, specifically addressing the lack of available housing in New York City. On June 7, 2022, Governor Kathy Hochul signed into law New York State Senate Bill S4937C. This affordable housing law allows hotels that are already authorized as Class B hotels to rent rooms for permanent residence purposes. State Senator Brian Kavanagh and Assemblymember Steven Cymbrowitz sponsored this bill.
Mayor Announces Proposed Zoning Changes to Affordable Housing, Small Business Restrictions and Sustainability
The zoning text amendments are in development and will be drafted with input from stakeholders before undergoing public review later this year. On June 1, 2022, Mayor Eric Adams announced a plan for a series of new zoning text amendments and programs aimed at removing obstacles for the recovery of small businesses, increased affordable housing, and the expansion of green technology to promote sustainability. The three zoning text amendments – the Zoning for Economic Opportunity, … <Read More>
Governor Announces Beginning of Construction of New Affordable Housing Development in Wakefield
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 … <Read More>