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>
Search Results for: Housing
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>
Churches to Get Help Building Affordable Housing
Mayor and non-profit community development financial institution announce new program to help religious non-profits build affordable housing. On August 23, 2017, the Local Initiatives Support Corporation NYC, the Department of Housing Preservation and Development and the Mayor’s Office announced the launch of a new initiative to aid non-profits in the construction of new affordable housing. The initiative, called the New York Land Opportunity Program, is a joint venture with the goal of helping faith-based institutions … <Read More>
Comptroller Audit Finds that HPD Review of Affordable Housing Sponsors Was Effective
Comptroller audit finds that HPD’s controls to ensure that housing incentives were rewarded to qualified applicants were largely effective. On June 27, 2017, the Office of the city Comptroller Scott Stringer released a report of an audit of the Department of Housing Preservation and Development. The audit sought to evaluate whether HPD had adequate controls to ensure that its housing incentive projects were properly awarded to property owners and developers that qualified for the program, … <Read More>
City Council Hears Testimony on Inclusionary Housing Transparency
City Council Committee heard testimony on legislation to codify reporting requirements for the Department of Housing Preservation and Development regarding inclusionary housing and affordable units. On June 19, 2017, the City Council’s Committee on Housing and Building held a hearing on a package of five bills. Four of the bills concerned the Department of Housing Preservation and Development’s reporting requirements for affordable housing developments. The fifth bill concerned the definition of residency in the City’s … <Read More>
Three-Quarter Housing: Council Seeks to Address Blight [UPDATE: City Council Approves Legislation]
UPDATE: On February 1, 2017, the City Council voted 47-0 to approve four bills that would help protect tenants of three-quarter houses in New York City. During the vote, Council Member Donovan Richards called three-quarter houses a wide spread problem that would not be cured by the bills and that the City would need to track progress on the issue to determine future responses. Council Member Ritchie Torres called predatory operators of three-quarter houses the … <Read More>