Roselyn said the city’s role in this work goes beyond just defining what qualifies as affordable housing. The Housing Initiatives Division also is focused on building relationships with developers and providing education about how to...
By Tony Aiello March 8, 2024 / 5:49 PM EST / CBS New York NEW ROCHELLE, N.Y. -- Access to affordable housing is a big concern in New York, according to a new Marist poll that found 73% agree housing affordability is a "major problem." One Westchester County community is trying ...
June 24, 2024 – Governor Kathy Hochul announced new guidance informing insurers that they are prohibited from inquiring about or making coverage decisions based on a property’s status as an affordable housing development or on the level or source of a tenant’s income within the building, such...
The article focuses on the efforts to facilitate more affordable housing development in New York City. The state legislature has tightened the city's 36-year-old Section 421a property tax abatement program, which means that developers must reserve 20% of their rental or for-sale units for low...
WBE Solar company creating financial opportunities for Commercial Property Portfolios and Affordable Housing developers to adopt Solar PV Solutions Developers/General Contractors looking for End to End Solar design-build services (Subcontracting). Developers/General Contractors looking to submit bids to HPD...
The freedom to swiftly seize opportunity helps level a playing field that often tilts against affordable housing objectives. “It’s tough to compete against developers with deep pockets and are not mission-driven. Affordable housing developers can now confidently consider opportunities knowing they have...
Supporters of the changes say the law incentivizes developers to get around building affordable housing projects by permitting them to build as many market-rate units as they want as long as 20% is set aside for low- or moderate-income tenants. They argue that's the root of the state's ...
The developers still promise the new complex will have over 14,000 square feet of green space. The site currently has over 20,000 square feet. More from CBS News Lawmakers demand action after drones spotted over New York City NYC lawmakers discuss proposed e-bike, e-scooter regulation proposal...
Since Scott Jaffee launched the company in 2001, it has grown into a major affordable housing developer in the New York metropolitan area. The Great Neck-based company boasts properties across New York City as well as in Nassau and Westchester counties, and often partners with local nonprofits ...
The passage of the Act promises to significantly impact affordable housing construction in coming years. Owners, developers, and contractors are encouraged to review the Act to determine how best to take advantage of the new policies and funding made available under it. [View source.]Send...