The building will be entirely affordable and environmentally efficient. On October 31, 2018, the City Planning Commission held a public hearing on an application to construct a mixed-use, mixed income building at 4697 Third Avenue in the Belmont section of the Bronx. The Department of Housing Preservation (HPD) brought the application to designate 4697 Third Avenue as an Urban Development Action Area, requiring the ULURP process. The applicant team consists of the developer Bronx … <Read More>
Search Results for: Affordable Housing
Development Will Add Eight Affordable Units in Melrose
New development on current vacant lot will include eight affordable units and ground floor commercial space. On September 5, 2018, the City Planning Commission held a public hearing on an application by the Department of Housing Preservation and Development (HPD) for the acquisition of property at 599 Courtlandt Street in the Melrose section of the Bronx. The property is located between East 150th and East 151st Streets. The applicants plan to build a … <Read More>
Rezoning Application Will Add Housing to Brooklyn Neighborhood
Rezoning application will allow new residential building and bring non-conforming buildings to conformity. On August 22, 2018, the City Planning Commission held a public hearing on the 3901 9th Avenue Rezoning application submitted by 39 Group Inc. and represented by Matthew Schommer of Sheldon Lobel P.C. The applicants are proposing to a new building at the corner of 9th Avenue and 39th Street on the Sunset Park and Borough Park border in … <Read More>
669 Affordable Units Preserved in New York City Neighborhoods
Preservation of Section 8 properties will prevent conversion to market-rate housing. On August 15, 2018, the Housing Preservation and Development, the Housing Development Corporation, and the LIHC Investment Group announced the preservation of 669 units of project-based Section 8 housing in high-cost City neighborhoods where similar buildings have been converted to market-rate housing.
Nearly 900 Affordable Homes To Be Built In Brownsville
Three-City owned sites will be developed to provide affordable housing, art and media centers, and commercial space. On July 26, 2018, the Department of Housing Preservation and Development announced plans for nearly 900 affordable homes in Brownsville, Brooklyn. This announcement updates the commitments made in the Brownsville Plan, which originally included building 880 units on three-City owned sites and infrastructure upgrades. According to HPD, the Plan is the result of a community-driven process to … <Read More>
Affordable Units To Be Built In Downtown Far Rockaway
Project will provide large number of affordable housing to recently rezoned neighborhood. On July 11, 2018, Mayor Bill de Blasio and Council Member Donovan Richards announced the two projects in the Downtown Far Rockaway area that will create over 670 units of affordable housing following the Downtown Far Rockaway rezoning approval ten months ago. The project is also being led by the New York City Economic Development Corporation, Department of Housing Preservation and Development, Housing … <Read More>