The former HPD Commissioner will continue to work on affordability and economic opportunities for the City. On April 4, 2019, Mayor Bill de Blasio announced the appointment of former Department of Housing and Preservation Commissioner Vicki Been as the new Deputy Mayor for Housing and Economic Development. She succeeded Alicia Glen, who served in the position for five years.
Search Results for: Economic Development
Mayor Announces $50 Million Redevelopment of Orchard Beach Pavilion
Elected officials announced new investment into Bronx beach pavilion reconstruction. On May 26, 2017, Mayor Bill de Blasio, alongside Parks Commissioner Mitchell Silver, Assembly Speaker Carl Heastie, and Bronx Borough President Ruben Diaz Jr., announced a $50 million investment to redevelop the Bronx’s Orchard Beach pavilion in Pelham Bay Park. The money would go to restore the currently closed pavilion. The Mayor has committed $20 million in capital funding, and $10 million has been committed … <Read More>
Financing Approved for Affordable Housing Developments
HDC approves the financing to fund 2,226 units of affordable housing. On June 16, 2014, the Board of Directors of the New York City Housing Development Corporation approved the financing for projects in Manhattan, the Bronx, and Brooklyn which will consist of $2756 million in bonds and $88.7 million in subordinate financing for HDC. The money will be used to construct eleven new buildings with 1,259 affordable housing units and preserve and protect seven projects … <Read More>
City Announces Affordable Housing Tool Amid Gap in Capital Budget
NYC Housing Connect tool intends to make affordable housing searches a more user-friendly experience. On June 16, 2020, New York City Mayor Bill de Blasio announced the launch of “NYC Housing Connect,” an online tool for finding and applying for affordable housing. The new system provides upgrades from its predecessor through a collaborative effort by the Department of Housing Preservation and Development, user-design experts and collected public feedback.
Mayor de Blasio Opposes New Federal Housing Rules Based on Immigration Status
The federal government proposed a rule that would bar mixed-immigration status families from accessing rental subsidies. On July 9, 2019, the de Blasio Administration announced that it submitted formal comments to the federal government in opposition to a proposed rule that would result in eviction of thousands of New Yorkers from federally-assisted housing based on the tenants’ immigration status.
City Develops Plan to Protect Lower Manhattan’s Shoreline from Climate Change Impacts
The project will include the expansion of the Lower Manhattan shoreline and four capital projects devoted to the resiliency of Lower Manhattan neighborhoods. On March 14, 2019, Mayor Bill de Blasio announced the Lower Manhattan Coastal Resiliency (LMCR) Project. The project is one of the City’s responses to the aftermath of Hurricane Sandy. Hurricane Sandy was a turning point for the City to tackle infrastructure resiliency. Hurricane Sandy resulted in $19 billion of devastation for … <Read More>