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>
affordable housing
City to Acquire and Convert Nearly 500 Cluster Units into Affordable Housing
The new affordable housing is part of the de Blasio Administration’s efforts to end cluster site program. On December 4, 2018, Mayor Bill de Blasio announced the progress made by the City for the acquisition and conversion of nearly 500 cluster units across 17 buildings into permanently affordable housing. The City’s plan is part of the administration’s initiative to address the homelessness crisis in New York City and is projected to provide housing for over … <Read More>
City Planning Considers Application for 157 Affordable Apartments in the Bronx
The building will have 24 apartments for formerly homeless individuals and families. On December 5, 2018, the City Planning Commission held a public hearing for an application for the construction of an eleven-story, low residential building, at 656 East 176th Street in the Bronx. The Department of Housing Preservation and Development (HPD) and Proxy Estate, Inc. brought the application, requesting a zoning change and disposition of city-owned property to facilitate the project. The proposed … <Read More>
City Planning Commission Considers Rezoning Application Near Train Terminal
Rezoning will allow for construction of building with 185 affordable units. On November 14, 2018, the City Planning Commission held a public hearing for a rezoning application that would allow for the construction of a new affordable nine-story mixed-use building in the Wakefield neighborhood of the Bronx. The proposed project site is on the corner of White Plains Road and East 241st, adjacent to the East 241st Street subway terminal along … <Read More>
Proposed Building to Bring 52 Affordable Units to Belmont Area of the Bronx
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>
Construction Begins for Nearly 1,000-Unit Affordable Housing Development in Coney Island
The mixed-use development will include affordable units, deployable food barriers, and retail frontage. On November 1, 2018, New York City’s Department of Housing Preservation and Development (HPD) announced that the start of construction of a block-sized development on Surf Avenue in Coney Island that will provide below-market-rate housing, retail, and office space to the community. The mixed-use development is projected to cost $253.9 million and will offer 446 affordable units, ranging from studios to two-bedrooms, … <Read More>