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. 


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 Votes to Approve the City of Yes for Carbon Neutrality Zoning Text Amendment

On December 6, 2023, the City Council voted to approve the City of Yes for Carbon Neutrality zoning text amendment. The amendment, the first of three proposed by the Adams administration last year, fixes outdated provisions within the zoning text that inhibit the growth and use of green infrastructure and technology in New York City. The zoning text, as is, could not accommodate many types of modern green infrastructure and technology, which did not exist <Read More>