Universal Affordable Housing would require 25 percent permanently low-income affordable housing in all new development with ten or more units. On January 29, 2020, New York City Comptroller Scott M. Stringer announced a citywide housing strategy to fundamentally realign the City’s approach to the housing crisis. The strategy, coined Housing We Need, will include a universal requirement for 25 percent permanently low-income affordable housing in all as-of-right developments with at least ten units.
Search Results for: Affordable Housing and Homelessness
Mayor’s Office Announces Conversion of Temporary Homeless Shelters into Permanent Affordable Housing
The conversion is another step in the City’s plan to address the homelessness crisis. On November 19, 2019, the Mayor’s Office announced its transition into the second phase of a plan to convert temporary homeless shelters into permanently affordable housing units. According to the Mayor’s Office, this plan will help not-for-profit housing developers acquire and rehabilitate an additional 14 residential “cluster site” buildings, currently being used to house homeless families, and convert them into over … <Read More>
HPD, Elected Officials, Project Partners Break Ground on New Supportive Senior Housing in Mott Haven
The project will bring 152 units of affordable and supportive housing to the South Bronx. On September 10, 2019, the Department of Housing Preservation and Development, the New York City Housing Development Corporation (HDC), the New York City Housing Authority (NYCHA), and the New York State Office of Temporary and Disability Assistance/Homeless Housing and Assistance Corporation (OTDA/HHAC), elected officials and project partners broke ground on “Betances Residence,” a new senior housing project. The project is … <Read More>
HPD and Developers Celebrate Completion of Affordable Senior Housing In West Farms
168 residential units were created on top of an existing building structure that will serve low-income and formerly homeless seniors. On August 5, 2019, the New York City Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and the New York City Housing Authority (NYCHA) celebrated the completion of 1880 Boston Road, a 168-unit affordable senior housing development in the West Farms neighborhood of the Bronx. HPD, HDC, and NYCHA … <Read More>
HPD, NYSHCR, Private Developers and Others Announce Opening of New 135-Unit Affordable Kingsbridge Heights Development
The newly-constructed $70.5 million housing project is affordable, energy efficient, and provides housing and supportive services to formerly homeless families. On May 22, 2019, the New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas, Deputy Mayor for Housing Vicki Been, Department of Housing Preservation and Development Commissioner Louise Carroll, B&B Urban, L+M Development Partners and the Center for Urban Community Services announced the opening of a newly-constructed affordable housing development, Kingsbridge Heights Apartments… <Read More>
HPD and Private Developers Partner to Bring 235-Unit Affordable Building to Bedford-Stuyvesant
The project will be financed under an HPD program that requires low and extremely low income affordability and set-asides for the formerly homeless. On March 27, 2019, the City Planning Commission voted to approve an application that will bring a 14-story affordable mixed-use development with 235 residential units to 1921 Atlantic Avenue in the Bedford/Stuyvesant neighborhood of Brooklyn. The application was brought by the Department of Housing Preservation and Development in conjunction with DTF Atlantic, … <Read More>