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.
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City Council Invites New Yorkers to Vote for Participatory Budget Projects Through April 14th
Through Sunday, April 14, 2024, the City Council welcomes New Yorkers to vote during Participatory Budgeting Vote Week to determine how $24 million in capital funding from the Fiscal Year 2025 budget will be spent among 24 Council districts. Participatory budgeting funds focus on improving public spaces like schools, parks, and libraries or helping beautify city streets.
HPD Celebrates Opening of 375 Affordable Unit Development in Greenpoint
On April 3, 2024, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, elected officials and project partners celebrated the opening of 35 Commercial Street, a new affordable residential development that is part of Greenpoint Landing in Brooklyn. Greenpoint Landing is a 22-acre site along the East River waterfront that is being master-planned and developed by Park Tower Group, and is expected to have 5,500 total residential units once completed.
City Council Approves Multiple Land Use Applications for Almost 1,000 New Apartments
On March 19, 2024, the City Council voted to approve multiple land use applications in Yorkville, Manhattan, and Brownsville and Williamsburg in Brooklyn.
Proposed City of Yes for Housing Opportunity Amendment to Help Faith-Based Orgs Build Affordable Housing
On March 22, 2024, Mayor Eric Adams announced details about the plan to assist faith-based organizations and other mission-based nonprofits to build affordable housing citywide. As part of the City of Yes for Housing Opportunity plan, the administration’s third proposed zoning text changes that will remove outdated and arbitrary language from the zoning text that will allow for the creation of more housing.
Parks Dept Celebrates Reopening of John J. Carty Park in Bay Ridge
On March 26, 2024, the Parks Department celebrated the reopening of the playground at John J. Carty Park in Bay Ridge, Brooklyn, following a $5.4 million renovation. Parks Brooklyn Borough Commissioner Martin Maher, Council Member Justin Brannan, and community members joined to celebrate the renovation.