Making affordable development work in NYC The view on affordable housing construction in New York City from ground level is a similar story. Developers view any successful affordable project as more of a product of sound policy and collaboration between public and private entities. “It’s a produ...
The New York City Housing Development Corporation (HDC) seeks to increase the supply of multi-family housing, stimulate economic growth and revitalize neighborhoods by financing the creation and preservation of affordable housing for low- , moderate- , a
De Blasio Sets 10-Year Affordable Housing Plan for NYCNew YorkArchdaily
The nonprofitBreaking Ground NYChas broken ground on renovations to an East Harlem building recently used to house asylum seekers. An old dorm is about to become the third-largest supportive housing complex in the country in a neighborhood that is among those needing the most help. Over 400 new...
178 supportive senior units. This project will convert a defunct auto shop into a supportive senior housing project leveraging funds under the NYS Brownfield Cleanup Program. Silver Beach THE BRONX 229 supportive senior units. This project will achieve LEED Platinum and will contain a 10,000+ sq...
News and trends about low- and moderate-income affordable housing investment, development and marketing.
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses. Apr 16 How a funding freeze is affecting some residents in St. Paul The project was meant to make aging affordable housing more energy efficient and climate resilient. ...
NYC's Rent Regulations for Affordable Housing On June 14, 2019, New York State Governor Andrew Cuomo signed into law the Housing Stability and Tenant Protection Act of 2019. The new legislation makes sweeping reforms of the multifamily housing industry and puts into place new restrictions on the...
The affordable housing crisis in NYC was laid bare this week as over 150,000 households scrambled to apply for a spot on the long-awaited Section 8
Between 2020-2023, Capital One has provided more than $2.1B in NYC community development financing, with the vast majority supporting affordable housing