CPC Approves New Affordable Housing Building in The Bronx

The building will be targeted to low-income and homeless individuals or families.  On April 1, 2015 the City Planning Commission voted to approve an application by the Department of Housing Preservation and Development facilitating construction of a new affordable housing building in The Bronx.  The building will be located at 1561 Walton Avenue in West Concourse, and feature sixty units of rental housing for low-income and homeless individuals and families.


City Council Holds Oversight Hearing on Mayor’s Affordable Housing Plan

HPD, City Planning, NYCHA among those who answered questions on the results and direction of Mayor Bill de Blasio’s plan.  On November 17, 2014, the City Council Committee on Housing and Buildings, joined by the Committee on Land Use and Committee on Community Development, held an oversight hearing on Housing New York, Mayor Bill de Blasio’s affordable housing plan. The Council heard testimony over the course of seven hours from Housing Preservation and Development … <Read More>


HPD Commissioner Been Addresses New Affordable Housing Initiatives

HPD will permit architect self-certification and expand M/WBE developer opportunities. On October 7, 2014, Commissioner Vicki Been of the NYC Housing Preservation and Development gave the keynote address to the annual luncheon of Women in Housing and Finance. Commissioner Been elaborated on and announced new HPD initiatives to advance Mayor Bill de Blasio’s affordable housing plan.


Council Committee Hears Testimony on Quality Housing Act

Proposed laws would expand the Alternative Enforcement Program and impose new fines on repeatedly-cited landlords. On October 1, 2014 the City Council Committee on Housing and Buildings held a public hearing on Intro 345-A and Intro 348-A, collectively known as the Quality Housing Act. The bills are sponsored by Council Member Antonio Reynoso and Council Member Ritchie Torres respectively, and seek to improve the quality of maintenance of New York City apartments.


City Council Approves Tax Exemption to Preserve Affordable Housing

Dean Atlantic HDFC received property tax exemption for seven buildings.  On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation.  The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf.  The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities.  Six … <Read More>


New Housing for the Special Clinton District

Council-approved developments in Special Clinton District will achieve 39 percent affordability across a range of Area Median Incomes. On June 26, 2014, the City Council unanimously voted 48-0 to approve applications which would facilitate the development of two new mixed-use buildings, the rehabilitation of another building, and creation of three new community gardens in the Special Clinton District in Manhattan. The joint applications were proposed by the Clinton Housing Development Company, the New York <Read More>