On February 8, 2024, New York City Mayor Eric Adams and New York City Department of Social Services (DSS) Commissioner Molly Wasow Park announced the Affordable Housing Services (AHS) initiative that will serve to create 1,500 permanent affordable homes. The homes created under AHS will specifically aid New Yorkers who are exiting the shelter system with City Fighting Homelessness and Eviction Prevention Supplement (CityFHEPS) vouchers. In addition to the launch of AHS today, DSS has … <Read More>
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HPD Announces Bergen Green Affordable Housing Project in Latest 24 in 24 Push
On January 31, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that Apex Building Group and Bridge Street Development Corporation will be building 116 homes for low-income families at 516 Bergen Street in Prospect Heights, Brooklyn. The announcement comes in light of Mayor Adams’ push for affordable housing advancements on publicly owned land. Mayor Adam’s 24 in 24 plan is seeking to create or preserve around 12,000 units of housing … <Read More>
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>
HPD Announces Conversion of Former JFK Hotel to Affordable and Supportive Housing
On December 18, 2023, the Department of Housing Preservation and Development and project partners announced a plan to transform the former JFK Hilton Hotel into permanently affordable housing. The project, Baisley Pond Park Residence, will provide housing for low-income and formerly homeless New Yorkers in South Jamaica, Queens.
City Planning Approves Timbale Terrace Application in East Harlem
On January 3, 2024, the City Planning Commission voted to approve the Timbale Terrace project, a mixed-use 100 percent affordable building at 101 East 118th Street in East Harlem. The building will replace a parking lot for the New York Police Department’s 25th Precinct.
HPD and DSS Announce Pilot Program to Renovate Chronically Vacant Rent Stabilized Units
On December 18, 2023, the Department of Housing Preservation and Development and the Department of Social Services announced the start of a new pilot program that helps New Yorkers move out of shelters and into renovated rent-stabilized apartments. The program, Unlocking Doors, is now accepting applications from owners of rent-stabilized buildings with rental units that need repairs.