The newly financed homes keep New York City on track to meet its goal to provide 300,000 affordable homes by 2026. On February 9, 2021, Mayor Bill de Blasio announced that the City financed the construction and preservation of 29,521 affordable homes in 2020. Fifty-seven percent of the affordable homes financed in 2020 will serve families of three that earn less than $52,000 per year. The city has financed over 177,000 homes through the Housing … <Read More>
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NYCHA Announces $261 Million in Completed Renovations for Three Developments in the Bronx
The private and non-profit partnership allows for more funding while maintaining resident public housing rights. On February 17, 2021, the New York City Housing Authority (NYCHA) announced the completion of upgrades in three NYCHA developments across the Bronx. The upgrades at the Baychester, Murphy, and Betances Houses impact 54 buildings and 1,810 units and are the home to an estimated 4,300 people. The renovations cost $261 million.
New Entrances to Prospect Park Completed
The entrances are part of a $40 million series of park improvement projects citywide. On January 27, 2021, the Parks Department cut the ribbon on two new completed entrances to Prospect Park along Flatbush Avenue in Brooklyn. The new entrances are the first additional entrances added to Prospect Park since the 1940’s. NYC Parks Commissioner Mitchell J. Silver, FAICP, Deputy Mayor for Housing and Economic Development Vicki Been, Council Majority Leader Laurie Cumbo, Council Member … <Read More>
Parks Dept Announces Completed Reconstruction of Bensonhurst Park Playground
The project cost $7.86 million. On January 7, 2020, the Parks Department announced the completion of the reconstruction of Bensonhurst Park Playground in Bensonhurst, Brooklyn. Bensonhurst Park is one of 26 parks crossed by the Belt Parkway, which divides the park into two sections. The playground portion of the park is located near the intersection of Bay Parkway and Cropsey Avenue.
NYCHA Receives $24.7 Million HUD Grant to Support Resident Safety and Security Needs
The funds will go toward improving security lighting and lead abatement. On December 31, 2020, the New York City Housing Authority (NYCHA) announced that the agency received a $24.7 million Emergency Capital Needs Safety and security Grant from the U.S. Department of Housing and Urban Development to be used to address resident health, safety and security concerns.
Mayor’s Office Announces Record Total Bike Lane Expansion for 2020
The addition of protected bike lanes comes as more people opt for cycling as a transportation option during the COVID-19 pandemic. On December 29, 2020, Mayor Bill de Blasio announced that 28.6 miles of new protected bike lanes have been constructed across the five boroughs throughout 2020. The announcement brings New York City’s total bike lane network to 1,378 miles. Of that, 545 miles are protected bike lanes.