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>
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Transit and Resiliency Topics of Focus at RPA’s Annual Meeting
Both Mayor Bill de Blasio and Senator Chris Murphy addressed economic disparity and the necessity of a long-term vision and cooperation of local leadership in strengthening the New York Metropolitan region’s infrastructure and economy. The Regional Plan Association held its 24th Annual Assembly at the Waldorf Astoria Hotel on April 25, 2014. The RPA is a non-profit that seeks to promote planning for economic competitiveness, quality of life, and long-term sustainability in the larger New … <Read More>