New laws focusing on vacant land throughout the City aims at identifying and reporting lots and buildings that could be used for affordable housing. On January 8, 2018, Mayor Bill de Blasio signed two bills into laws that focus on how vacant land, both public and private, across the city could be used to further accelerate the production of affordable housing. The new laws will advance the Mayor’s Housing New York 2.0 plan to build … <Read More>
Housing New York 2.0 Plan
New Programs aimed to Help First-time Homeowners
Plan anticipates creating or preserving 20,000 homeownership opportunities by 2026. On December 11, 2017, Mayor Bill de Blasio announced two new programs, Open Door, which aids first-time homeowners buy a condo or coop, and HomeFix, which helps New Yorkers make capital improvements to their homes. These two programs will reach at least 2,100 households in eight years. These programs are part of the Mayor’s 300,000 affordable housing plan.
City to Create Senior Housing and Community Space Despite Strong Opposition
Senior affordable housing proposal would build over existing community park and green space. On Friday December 8, 2017, the New York City Housing and Preservation Department announced development plans that will create 121 affordable senior apartments and a community designed public open space in the Nolita neighborhood of Manhattan. Haven Green, an affordable new senior housing development will be affordable to seniors earning between $20,040 and $40,080 and include housing for formerly homeless seniors.… <Read More>