Government officials fear bad precedent could make it easier for landlords to bypass rent stabilization laws. On March 13, 2019, New York Attorney General Letitia James, the New York State Division of Housing and Community Renewal (NYSHCR) and the New York City Department of Housing Preservation and Development (HPD) announced that the State and City moved to join in an action in United States Bankruptcy Court for the Southern District of New York as part … <Read More>
Search Results for: Department of Housing Preservation and Development
HPD Announces Partners for Two Senior Affordable Housing Projects in the Bronx and Brooklyn
There will be over 350 affordable units for seniors between the two projects. On March 11, 2019, the Department of Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA) announced the selection of partners for the development of two 100 percent senior affordable housing projects in the Bronx and Brooklyn. The projects are a part of HPD’s Senior First strategy, a three-prong strategy to ensure safe and affordable housing for seniors … <Read More>
HPD Announces Modular Affordable Housing in East New York
The program will create studio to four bedroom homes for low income and formerly homeless individuals. On March 4, 2019, the Department of Housing Preservation and Development (HPD) announced plans to develop 167 affordable units on City-owned land in East New York. The program is being developed by a team led by Thorobird Companies along with nonprofit partner Bangladeshi American Community Development and Youth Services (BACDYS) and will have a unique modular design to hold … <Read More>
Greenpoint Hospital To Become Affordable Housing
Former hospital site will feature 512 affordable units and a new shelter for New Yorkers experiencing homelessness. On September 13, 2018, the Department of Housing Preservation and Development announced that a team had been selected to transform the Greenpoint Hospital site into a mixed-use development. The new development located at 288 Jackson Street will feature approximately 512 affordable units and a new shelter for 200 New Yorkers.
New Laws Target Vacant Land as a Tool for Achieving Affordable Housing Goals
New laws focusing on vacant land throughout the City aims at identifying and reporting lots and buildings that could be used for affordable housing. On January 8, 2018, Mayor Bill de Blasio signed two bills into laws that focus on how vacant land, both public and private, across the city could be used to further accelerate the production of affordable housing. The new laws will advance the Mayor’s Housing New York 2.0 plan to build … <Read More>
Expecting to Meet Goals Two Years Ahead of Schedule, Mayor de Blasio Expands the Housing Plan Objectives
The de Blasio administration increases goal to building and preserving 300,000 affordable units by 2026. On October 24, 2017, Mayor Bill de Blasio announced that the administration is on track with meeting the goal of 200,000 units and is expected to meet the goal by 2022, two years ahead of the 2014 plan’s original date. Using the City’s new tools, programs and funding, the City will work to secure 25,000 affordable units annually by 2021. … <Read More>