HPD Selects Development Partners for Affordable Senior Housing in Astoria

The development is next to a subway station and local retail and grocery stores. On January 13, 2021, the New York City Department of Housing Preservation and Development announced the development team for an affordable senior housing development at 31-07 31st Street in Astoria, Queens. The development will be mixed-use, with 100 percent affordable housing for seniors, a community center and commercial space. The site is currently a city-owned parking lot for the Department of <Read More>


HPD Opens City’s First LGBT-Friendly Affordable Senior Housing

The project is a part of NYCHA’s efforts to build 10,000 units of affordable housing over the next decade. On December 17, 2019, the Department of Housing, Preservation and Development (HPD) announced the opening of Stonewall House, a new LGBT-friendly affordable elder housing at 112 St. Edwards Street in Fort Greene, Brooklyn. The project is the first elder housing in both the City and State to be designed as “LGBT-friendly.”


HPD and Developers Celebrate Completion of Affordable Senior Housing In West Farms

168 residential units were created on top of an existing building structure that will serve low-income and formerly homeless seniors. On August 5, 2019, the New York City Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and the New York City Housing Authority (NYCHA) celebrated the completion of 1880 Boston Road, a 168-unit affordable senior housing development in the West Farms neighborhood of the Bronx. HPD, HDC, and NYCHA … <Read More>


Affordable and Environmentally Friendly Senior Housing Project Opens in Queens

The development provides housing and supportive services to formerly homeless seniors. On May 29, 2019, the Department of Housing Preservation and Development announced the grand opening of HANAC’s $36 million Corona Senior Residence at 54-17 101St Street in Corona, Queens. The newly constructed eight-story housing project is environmentally friendly and comes with 67 affordable studio and one-bedroom residences, 21 of which are for formerly homeless seniors. The building features an early childhood education … <Read More>


Construction Begins at The Doe Fund’s New Bronx Affordable and Supportive Housing Development

The development will provide onsite supportive services for residents. On December 7, 2018, The Doe Fund broke ground at 3188 Villa Avenue, located in the Bedford Park/Special Grand Concourse District of the Bronx to begin construction of a 68-unit affordable and supportive housing development. The Doe Fund is partnering with Chase Community Development Banking to finance the construction, as well as the Department of Housing Preservation and Development, NYCHA, the Corporation for Supportive Housing, and … <Read More>


New York State Assembly Housing Committee Chair Keith Wright Proposes Bill to Subsidize Affordable and Senior Housing

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>