City Finalizes Two Deals to Bring Almost 400 Affordable Senior Housing Units to the Bronx and Brooklyn

Both buildings offer a variety of enrichment opportunities and support for seniors. On July 2, 2021, the Department of Housing Preservation and Development (HPD), the New York City Housing Authority (NYCHA) and the New York City Housing Development Corporation (HDC) finalized two deals to secure 393 new affordable senior housing units to the Soundview neighborhood in the Bronx and the Bedford-Stuyvesant neighborhood in Brooklyn.


HPD Selects Development Partners for Affordable Senior Housing in Astoria

The development is next to a subway station and local retail and grocery stores. On January 13, 2021, the New York City Department of Housing Preservation and Development announced the development team for an affordable senior housing development at 31-07 31st Street in Astoria, Queens. The development will be mixed-use, with 100 percent affordable housing for seniors, a community center and commercial space. The site is currently a city-owned parking lot for the Department of <Read More>


HPD Opens City’s First LGBT-Friendly Affordable Senior Housing

The project is a part of NYCHA’s efforts to build 10,000 units of affordable housing over the next decade. On December 17, 2019, the Department of Housing, Preservation and Development (HPD) announced the opening of Stonewall House, a new LGBT-friendly affordable elder housing at 112 St. Edwards Street in Fort Greene, Brooklyn. The project is the first elder housing in both the City and State to be designed as “LGBT-friendly.”


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>


Affordable and Environmentally Friendly Senior Housing Project Opens in Queens

The development provides housing and supportive services to formerly homeless seniors. On May 29, 2019, the Department of Housing Preservation and Development announced the grand opening of HANAC’s $36 million Corona Senior Residence at 54-17 101St Street in Corona, Queens. The newly constructed eight-story housing project is environmentally friendly and comes with 67 affordable studio and one-bedroom residences, 21 of which are for formerly homeless seniors. The building features an early childhood education … <Read More>


New York State Assembly Housing Committee Chair Keith Wright Proposes Bill to Subsidize Affordable and Senior Housing

The bill seeks to fill the gap left open by the expiration of 421-a, the decades-old tax exemption program that expired on January 1, 2016.  On March 15, 2016, New York State Assembly Housing Committee Chair Keith Wright, who represents Manhattan, introduced Assembly bill A9537, which would provide for new, taxpayer-funded affordable housing subsidies and job training programs. If enacted, the bill would incentivize the construction of affordable housing and affordable senior housing through subsidies, … <Read More>