Renderings of the new co-op buildings that will be part of the Soundview campus, one of the many projects initiated by the City in 2020. Image Credit: NYCHA
The newly financed homes keep New York City on track to meet its goal to provide 300,000 affordable homes by 2026. On February 9, 2021, Mayor Bill de Blasio announced that the City financed the construction and preservation of 29,521 affordable homes in 2020. Fifty-seven percent of the affordable homes financed in 2020 will serve families of three that earn less than $52,000 per year. The city has financed over 177,000 homes through the Housing New York plan since 2014. The city has leveraged over $7.4 billion in city capital subsidy to drive a $39.4 billion investment for the five boroughs. (read more…)
Rendering of the two buildings at 1099 Webster Avenue in the Bronx. Image Credit: NYC CPC/Aufgang Architects
The buildings will bring 238 affordable units to the area. On February 3, 2021, the City Planning Commission held a public hearing for an application to build two affordable mixed-use buildings at 1099 Webster Avenue in the East Concourse section of the Bronx. The buildings will be on the west side of Webster Avenue between East 166th Street and East 167th Street. The site is currently the location of a parking lot and a former automotive repair shop. (read more…)
Rendering of 803 Rockaway Avenue, as seen from Newport Avenue. Image Credit: NYC CPC/Youtube
The project is a partnership between a mental health and housing non-profit and a manufacturing real estate non-profit. On October 7, 2020, the City Planning Commission held a public hearing for a mixed use-manufacturing and affordable housing development at 803 Rockaway Avenue in Brownsville, Brooklyn. The rezoning area covers nine lots on the block bounded by Riverdale Avenue to the north, Newport Avenue to the south, Rockaway Avenue to the west and Thatford Avenue to the east. The applicants of the project are the Bridge, a non-profit offering supportive housing and services for individuals with behavioral health needs, and the Greenpoint Manufacturing Design Center, a real estate non-profit developer of multi-tenant manufacturing buildings. The two applicants aim to build a mixed-use building that contains both manufacturing and residential spaces. The site is owned by the Bridge and currently features an old warehouse. (read more…)
Agency officials, elected officials and project partners break ground on a new 152 unit senior housing development in Mott Haven. Image Credit: HPD/Joseph Lara
The project will bring 152 units of affordable and supportive housing to the South Bronx. On September 10, 2019, the Department of Housing Preservation and Development, the New York City Housing Development Corporation (HDC), the New York City Housing Authority (NYCHA), and the New York State Office of Temporary and Disability Assistance/Homeless Housing and Assistance Corporation (OTDA/HHAC), elected officials and project partners broke ground on “Betances Residence,” a new senior housing project. The project is located at 443 East 142nd Street between Willis and Brook Avenues in the Mott Haven section of the Bronx. (read more…)
Image credit: Mayoral Photography Office
City pushes forward on its goal to create 300,000 affordable homes and produces a record number of affordable units for homeless, seniors, and those in need of supportive services. On July 30, 2019, the Office of the Mayor announced that the City has financed 25,299 affordable homes for 2019. The Mayor plans to finance 300,000 affordable homes through the Housing New York plan by 2026. (read more…)
Image Credit: NYC HPD
Supportive services onsite will receive funding from the New York State Office of Mental Health. On May 21, 2019, the Department of Housing Preservation and Development, Governor Andrew Cuomo and other City and State officials announced the opening of Tres Puentes Senior Apartments at 285 East 138th Street and 2550 3rd Avenue in the Mott Haven neighborhood of the Bronx. (read more…)
