The project will bring 152 units of affordable and supportive housing to the South Bronx. On September 10, 2019, the Department of Housing Preservation and Development, the New York City Housing Development Corporation (HDC), the New York City Housing Authority (NYCHA), and the New York State Office of Temporary and Disability Assistance/Homeless Housing and Assistance Corporation (OTDA/HHAC), elected officials and project partners broke ground on “Betances Residence,” a new senior housing project. The project is … <Read More>
affordable housing
[UPDATE]: City Council Approves HPD Proposal to Develop Affordable Housing in Brownsville, Brooklyn
The three sites will have amenities for residents and are transit accessible. On September 25, 2019, the City Council voted to approve an application to develop affordable housing on three City-owned properties located in Brownsville, Brooklyn. The properties are located at 47 New Lots Avenue, 609-615 Osborn Street, and 120-122 Liberty Avenue. The three properties are small, underutilized sites and are currently vacant. The application proposed the development of two residential buildings and one mixed-use … <Read More>
HPD Opens Proposals for Two East Harlem Sites
The RFP was developed using community input through the East Harlem Neighborhood Planning Process and visioning workshops. On August 8, 2019, the Department of Housing Preservation and Development (HPD) Commissioner, Louise Carroll, announced the release of a competitive Request for Proposals (RFP) regarding the redevelopment of the East Harlem Multi-Service Center site at 413 East 120th Street in Manhattan and the NYPD’s 25th Precinct parking lot on the east side of Park Avenue … <Read More>
Mayor Finances 25,299 Affordable Homes for the Fiscal Year 2019
City pushes forward on its goal to create 300,000 affordable homes and produces a record number of affordable units for homeless, seniors, and those in need of supportive services. On July 30, 2019, the Office of the Mayor announced that the City has financed 25,299 affordable homes for 2019. The Mayor plans to finance 300,000 affordable homes through the Housing New York plan by 2026.
First Phase of 700-Unit Affordable and Sustainable Development Project in East Harlem Announced
The project will be financed under an HPD program that requires low and extremely low-income affordability and set-asides for the formerly homeless. On June 27, 2019, the Department of Housing Preservation and Development (HPD), the Housing Development Corporation (HDC,) L+M Development Partners, Jonathan Rose Companies, and Acacia Network announced finalized plans for the first stage of development of Sendero Verde in East Harlem in Manhattan. The site is located on 111th Street, … <Read More>
City Planning Hears Proposal to Convert Three City-Owned Properties to Affordable Housing
All three proposed buildings would come with amenities for residents including outdoor areas and laundry rooms. On June 19, 2019, the City Planning Commission held a public hearing on an application to convert three City-owned properties located in the East New York neighborhood of Brooklyn to new affordable housing buildings. All three properties are currently vacant. The three proposed buildings would result in 41 affordable units and one superintendent’s unit.