Vicki Been stepped down as Commissioner of the Department of Housing Preservation and Development to return to academia. On January 17, 2017, Mayor Bill de Blasio announced that Commissioner Vicki Been would step down to return to teaching at New York University as the Boxer Family Professor of Law and Faculty Director of the Furman Center. Prior to her appointment, Been served as the Director of NYU’s Furman Center for Real Estate and Urban Policy, … <Read More>
Search Results for: Housing
CPC Holds Hearings on Four New Affordable Housing Developments
The City Planning Commission heard testimony on four developments, containing 224 units, to be 100 percent affordable housing for at least 30 years. On January 10, 2017, the City Planning Commission held hearings on four Department of Housing Preservation and Development applications to dispose of city-owned properties in order to facilitate four new housing developments. Each development—three in Harlem and one in Sunset Park—will contain varying levels of affordability under HPD loan structures.
New Affordable Housing in East Harlem [UPDATE: City Council Approves Application]
UPDATE: On November 29, 2016, the City Council voted 49-0 to approve the Lexington Gardens II project. The approval will allow Tahl Propp Equities and L+M Development Partners to proceed with the proposed development which will provide 400 new affordable units. One quarter of the affordable units will be permanently affordable under the Mandatory Inclusionary Housing law, and the remainder will be affordable for 40 years under a regulatory agreement with the Department of Housing … <Read More>
Affordable Housing Law Upheld
Association of developers and contractors of affordable housing claimed that local law on prequalification and disclosure violated their constitutional rights. On September 24, 2012, the City Council passed Local Law 44, which required the Department of Housing Preservation and Development to create a public website disclosing the scope and location of publicly-funded affordable housing projects as well as complaints about developers, contractors and subcontractors involved in the project. The website must also list which … <Read More>
City Council Members Torres and Levine Introduce Bill to Create Affordable Housing Watchlist and Online Map
The watchlist and online map would keep track of affordable housing rental units at-risk of becoming unaffordable, as defined by specified criteria. On April 7, 2016, New York City Council Members Ritchie Torres and Mark Levine introduced a bill to implement the creation of a watchlist for affordable residential rental units Citywide that are at risk of losing their affordable-housing status. The bill provides the requisite criteria to be met by a residential rental unit … <Read More>
City Planning Commission Approves Modified Affordable Housing Proposals
Despite expressing broad support for proposals, City Planning calls on City Council to make further modifications. On February 3, 2016, the City Planning Commission voted to approve the Mandatory Inclusionary Housing and Zoning for Quality and Affordability proposals, which are two of the major programs to be implemented under Mayor Bill de Blasio’s Housing New York plan. This was the first opportunity for City Planning to present its modified versions of the MIH and ZQA … <Read More>