A housing lottery opened last week for 26 middle-income apartments at Williamsburg Wharf, an under-construction five-tower complex at 464-484 Kent Avenue. Upon completion, the development will add 850 condo and rental residences with resort-style amenities and a new waterfront park to the ...
Over the course of nearly two decades, Capital One has provided debt and equity investments through the Low Income Housing Tax Credit (LIHTC) program on properties financed through the New York City Housing Development Corporation (HDC), the New York City Department of Housing Preservation and Deve...
The Center for NYC Neighbourhood is the largest independent non-profit organisation devoted to supporting low- and moderate-income homeowners in NYC. We partnered with the Center to help launch the New York City Department of Housing Preservation and Development's new HomeFix program, which aims to...
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
Even if you attempt to get low cost housing from the state there are 270,000 families who are looking for housing as well and the city only has 178,000 apartments currently. So, what are the other 92,000 people suppose to do? They cannot get low cost housing and the apartments are ...
The City of Yes for Housing Opportunities bill passed yesterday afternoon / evening in the City Council Chambers at City Hall. The City of Yes or NYC Municipal Legislative Bill - L.U. 181 & Res 689 - App. N 240290 ZRY (City of Yes Zoning for Housing Opportunity) amendment of the Zoning...
Our experienced LIHTC has over 3 decades of experience and is committed to professionally managing Low Income Housing Tax Credit, Liberty Bond, 421A , and Affordable New York properties monitored by the HFA and HDC. Case Studies Tribeca Multi-family Asset 352 Units | 5,000 sq.ft. of Amen...
Rent controlled apartments have long been a holy grail for New York City renters. Along with closely-related rent stabilized apartments, these coveted units make up less than half of the city’s rental housing. Here’s what you need to know about the cur
The Impact of Affordable Housing on the Well-Being of Low-Income Households: Early Findings from the NYC Housing and Neighborhood StudyElyzabeth Gaumer
Looking for an apartment in NYC is perhaps the least thing you wanna do here, yet with housing crisis, COVID19, fluctuating rents going up and up, fake advertising, shady basements apartments presented as penthouses and the absurd requests on income and elegibility, I can only say that St...