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>
affordable housing
$117.7 Million Affordable Housing Development for Seniors Opens in Mott Haven
Supportive services onsite will receive funding from the New York State Office of Mental Health. On May 21, 2019, the Department of Housing Preservation and Development, Governor Andrew Cuomo and other City and State officials announced the opening of Tres Puentes Senior Apartments at 285 East 138th Street and 2550 3rd Avenue in the Mott Haven neighborhood of the Bronx.
HPD, NYSHCR, Private Developers and Others Announce Opening of New 135-Unit Affordable Kingsbridge Heights Development
The newly-constructed $70.5 million housing project is affordable, energy efficient, and provides housing and supportive services to formerly homeless families. On May 22, 2019, the New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas, Deputy Mayor for Housing Vicki Been, Department of Housing Preservation and Development Commissioner Louise Carroll, B&B Urban, L+M Development Partners and the Center for Urban Community Services announced the opening of a newly-constructed affordable housing development, Kingsbridge Heights Apartments… <Read More>
Private Development of City-Owned, Blighted Property to Bring 54 Units of Affordable Housing
The development seeks to activate the streetscape in the area by removing the existing dangerous condition posed by a long-abandoned railroad trench. On March 27, 2019, the City Planning Commission held a public hearing on an application by the Department of Housing Preservation and Development and developer Phipps Houses that will bring 54 units of affordable housing to the Melrose neighborhood of the Bronx. The application calls for the disposition of City-owned property, a rezoning, … <Read More>
HPD Announces Program To Allocate Funds to Nonprofits for Vacant Property Development
The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by … <Read More>
HPD Announces Partners for Two Senior Affordable Housing Projects in the Bronx and Brooklyn
There will be over 350 affordable units for seniors between the two projects. On March 11, 2019, the Department of Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA) announced the selection of partners for the development of two 100 percent senior affordable housing projects in the Bronx and Brooklyn. The projects are a part of HPD’s Senior First strategy, a three-prong strategy to ensure safe and affordable housing for seniors … <Read More>