The bill seeks to fill the gap left open by the expiration of 421-a, the decades-old tax exemption program that expired on January 1, 2016. On March 15, 2016, New York State Assembly Housing Committee Chair Keith Wright, who represents Manhattan, introduced Assembly bill A9537, which would provide for new, taxpayer-funded affordable housing subsidies and job training programs. If enacted, the bill would incentivize the construction of affordable housing and affordable senior housing through subsidies, … <Read More>
Search Results for: Affordable Housing
Affordable rental housing OK’d for South Bronx
Developer obtained rezoning in order to build 175-unit, mixed-income, affordable housing project. On June 9, 2010, the City Council approved CBC Associates and the South Bronx Overall Economic Development Corporation’s proposal to rezone an entire block in the Crotona Park East section of the Bronx from C8-3 to R7- 1/C2-4 to facilitate the development of an eight-story, affordable housing project. The developers will construct the building on a 48,992 sq.ft. lot at 1825 Boston Road … <Read More>
City Celebrates Office of Environmental Remediation’s Successful Cleaning of 165 Acres of Land, New Housing and Schools
On December 10, 2024, New York City Mayor Eric Adams announced the City, with the assistance of the Office of Environmental Remediation (OER), has transformed 165 acres of previously unusable contaminated land into clean space for 28,000 units of housing, 12,000 of which are affordable housing units, 16 new schools, 2.9 million square feet of community space, and 6.1 million square feet of commercial space.
HPD Celebrates Opening of 171 Affordable Apartments in the South Bronx
On October 28, 2024, the New York City Department of Housing Preservation and Development, in collaboration with other critical stakeholders celebrated the opening of Melrose North, a new building with 171 affordable apartments. Of the 171 affordable homes, 103 of the housing units are allocated for formerly homeless individuals and families. The apartments are located at the New York City Housing Authority’s Morrisania Air Rights campus in South Bronx and has a ramp for accessibility.
COMPLETE VIDEO: Policy Briefing with DCP Director Dan Garodnick, ‘City of Yes for Housing Opportunity’
On Wednesday, October 2, 2024, Department of City Planning Director Dan Garodnick spoke at New York Law School about the Adams Administration’s “City of Yes for Housing Opportunity” zoning text amendment. He had a discussion with Ben Max, Executive Editor for the Center for New York City and State Law about the amendment’s recent approval by the City Planning Commission and pending City Council review.
City Announces Largest Civil Rights Settlement for Housing Discrimination
On August 22, 2024, New York City Mayor Eric Adams and the New York City Commission on Human Rights announced the largest civil rights settlement in New York City history. This $1 million housing discrimination settlement was imposed against Parkchester Preservation Management for discriminating against voucher holders. In addition to this historic event, the New York City Commission on Human Rights secured 850 apartment units, the most ever secured in a New York City Commission … <Read More>