Governor Announces Funding for Almost 1,100 Affordable Homes Statewide, Including Brooklyn and the Bronx

On April 8, 2024, Governor Kathy Hochul announced $412 million in bonds and subsidies to create and preserve nearly 1,100 affordable homes statewide, including four projects in the Bronx and Brooklyn. The awards are part of the Governor’s five-year $25 billion housing plan to preserve or create 100,000 affordable homes statewide with 10,000 supportive homes. 



City Reveals Atlantic Avenue Mixed-Use Plan to Bring Affordable Housing and Open Space to Central Brooklyn

On September 7, 2023, the New York City Mayor’s Office and New York City Department of City Planning released plans for new affordable senior homes and a revamp of St. Andrew’s Playground in Central Brooklyn. The departments’ objective was to further their ‘Atlantic Avenue Mixed-Use Plan’ by building in a zone of Brooklyn that has been stifled by restrictive zoning regulations.