HPD Announces Major Progress, Ribbon Cuttings on Linden Terrace Project in East New York

On March 15, 2022, the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and members of the development team cut the ribbon for the first building of the Linden Terrace project. The Linden Terrace project will bring 548 new affordable homes spread across three buildings. The celebration marked the opening and first lease up of 2858 Linden Boulevard, the first building, and the groundbreaking of the second and third <Read More>


HPD Announces Addition of Over 1,200 Affordable Units Through Completed Projects and Projects In Development

The addition furthers the City’s goal of financing 200,000 affordable households by the end of the de Blasio administration. On December 3, 2021, the Department of Housing Preservation and Development (HPD) announced the creation of an additional 1,221 affordable homes between two completed projects in Queens and two projects that have broken ground in the Bronx and Brooklyn.


HPD Announces Partners for Development of 360 Affordable Units in Stapleton

The project is in the area of the Bay Street Corridor Plan. On October 13, 2021, the Department of Housing Preservation and Development announced the development team for the Stapleton Site A project. The city-owned site located south of Hannah Street in Stapleton, Staten Island, will be transformed into a mixed-use development with 100 percent affordable housing. The site is currently a vacant lot.


NYC Mayoral Candidates Land Use Policy Recap

The Mayoral Election will help shape the City’s land use and housing policymaking decisions. Between now and June 20th, early voting is available for the NYC Primary, in which New Yorkers will help decide who will be the next Mayor of New York City. Over the course of their campaigns, mayoral candidates have developed and shared their positions on a variety of land use and housing issues including developing affordable housing, handling the eviction and <Read More>


New York City Acquisition Fund to Have Exclusive Focus on M/WBEs and Nonprofits

The fund currently has $210 million in lendable proceeds. On January 21, 2021, Mayor Bill de Blasio, along with the Taskforce on Racial Inclusion & Equity, the Department of Housing Preservation and Development, the Housing Development Corporation, Enterprise Community Partners, Local Initiatives Support Corporation, and a coalition of public, private and philanthropic partners announced that the New York City Acquisition Fund (NYCAF) will exclusively serve Minority and Women-Owned Businesses (M/WBEs) and nonprofits to support affordable <Read More>


UPDATED: CPC Holds Public Hearing on Manufacturing and Residential Mixed-Use Development in Brownsville

The project is a partnership between a mental health and housing non-profit and a manufacturing real estate non-profit. On October 7, 2020, the City Planning Commission held a public hearing for a mixed use-manufacturing and affordable housing development at 803 Rockaway Avenue in Brownsville, Brooklyn. The rezoning area covers nine lots on the block bounded by Riverdale Avenue to the north, Newport Avenue to the south, Rockaway Avenue to the west and Thatford Avenue to … <Read More>