HPD Celebrates Grand Opening of 100 Percent Affordable Housing Development in Cypress Hills

The mixed-use, nine-story “50 Penn” building in Brooklyn will provide both housing and additional supports. On June 9, 2022, the Department of Housing Preservation and Development (HPD), the NYC Housing Development Corporation (HDC), developer PennRose, and the Riseboro Community Partnership celebrated the grand opening of the “50 Penn” housing development in Cypress Hills, Brooklyn. The 218-unit building addresses key priorities in the East New York Neighborhood Plan, such as affordable housing and access to … <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>



City Announces Completion of Renovations of Nine Public Housing Developments

The project was possible through a conversion to a federally funded Project-Based Section 8 program. On May 20, 2022, Mayor Eric Adams joined U.S. Department of Housing and Urban Development (HUD) Regional Administrator Alicka Ampry-Samuel, New York City Housing Authority (NYCHA) Chair Greg Russ and NUCHA resident association leaders to announce the completion of renovations and restorations to nine NYCHA developments across Brooklyn.