The new affordable housing is part of the de Blasio Administration’s efforts to end cluster site program. On December 4, 2018, Mayor Bill de Blasio announced the progress made by the City for the acquisition and conversion of nearly 500 cluster units across 17 buildings into permanently affordable housing. The City’s plan is part of the administration’s initiative to address the homelessness crisis in New York City and is projected to provide housing for over … <Read More>
Search Results for: Affordable Housing and Homelessness
HPD to Redevelop Vacant Buildings for Homeless Families
HPD issues the Property Pathways RFEI seeking vacant, or partially vacant multifamily buildings that can be redeveloped into permanent housing for vulnerable New Yorkers. On December 19, 2019, Housing Preservation and Development announced its release of Request for Expressions of Interest (RFEI) for its new Property Pathways initiative. The Property Pathways initiative identifies privately-owned properties throughout the city with at least ten units that can be converted into safe and secure permanent housing to be … <Read More>
HPD Announces Program To Allocate Funds to Nonprofits for Vacant Property Development
The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by … <Read More>