Illustrative rendering of a potential future of Atlantic Avenue. Plan to Include Significant Investments in New Public Space and Infrastructure to Build Safer Streets Plan Now Goes to New York City Council for Review and Final Vote The CPC’s vote in favor of the Atlantic Avenue Mixed-Use Plan, a community-led proposalContinue Reading
Photo Courtesy of NYCEDC 100 Gold Project Will Have Minimum of 25 Percent Units Designated as Affordable Housing The release of a Request for Proposals (RFP) for the transformation of a city-owned site into a significant mixed-income residential building, expected to provide more than 1,000 mixed-income units with a minimum of 25Continue Reading
Photo by Ross Co on Pexels.com Applications Available for J-51 Tax Abatement Program to Rehab and Preserve Affordable Housing. New J-51 will also help building owners go green, cut carbon emissions, and comply with NYC’s climate laws. Application materials are now available online for projects to submit for the newlyContinue Reading
Photo by Steve Cancel on Pexels.com HomeFirst Down Payment Assistance Program Enhancement Expands Income Eligibility to Engage More New Yorkers, Partners with New Provider to Expedite Services The expansion of the HomeFirst Down Payment Assistance Program, which provides qualified first-time homebuyers with up to $100,000 toward the down payment or closingContinue Reading
Photo by Ryan Hiebendahl on Pexels.com HPD’s new platform has already processed over 5,000 applications, advancing compliance and protecting tenants citywide In a step toward simplifying compliance for property owners, the New York City Department of Housing Preservation and Development (HPD) has launched the Lead Exemption Online Portal (LEOP). This platform offersContinue Reading
Photo by Paulo Veloso on Pexels.com City Partners with Community-Based Organizations to Provide Free Financial Counseling and Application Support to Help New Yorkers Overcome Barriers to Affordable Housing Affordable housing can be life-changing, which is why the City is proud to promote the Ready to Rent program, an initiative that helps NewContinue Reading
A map of the four quadrants of the MSMX plan overlaid on an overhead picture of Midtown. Credit: DCP Building on Over Year of Extensive Public Engagement, Proposal Heads to Community Boards for Input The start of the public review process for the Midtown South Mixed-Use (MSMX) plan, a visionary proposal toContinue Reading
Image Courtesy of HPD The New York City Department of Housing Preservation and Development (HPD) released an update on the City’s groundbreaking fair housing initiative—Where We Live NYC. Where We Live NYC is a fair housing plan, first released in 2020, which serves as a roadmap to advance fair housingContinue Reading
Photo Courtesy of NYCEDC A groundbreaking report, Banking on Climate: The Mortgage Lending Opportunity in Building Decarbonization, was released, showcasing the immense potential for mortgage lenders to drive the transition to a greener built environment. Co-authored by experts from NYC Economic Development Corporation (NYCEDC), the NYU Stern Center for Sustainable Business (NYU SternContinue Reading
HDSN To Be the First Housing Development in New York City To Exceed 12 Floor Area Ratio in Over 60 Years $1.35 Billion Mixed-Use Project To Be Developed by Minority-Owned Business Partnership ‘Hudson Boulevard Collective’ Following Competitive Selection Proposed Development Will Also Feature Permanent Home of Nonprofit Climate Museum andContinue Reading