Housing Preservation and Development

Rendering of Twin Parks Terrace. Courtesy of Danois Architects

182 Affordable Housing Units Coming to NYCHA-Owned Land in Fordham Heights, The Bronx

6:30 am on January 4, 2021 By Vanessa Londono

Construction is imminent on Twin Parks Terrace, a 14-story affordable housing development in the Bronx’s Fordham Heights neighborhood. Settlement Housing and Joy Construction are developing the project on land owned by New York City Housing Authority (NYCHA), in partnership with New York City Department of Housing Preservation and Development, New York City Housing Development Corporation, and NYCHA. Danois Architects is designing the mixed-use building that will include 182 residential units, amenities, 10,489 square feet of ground-floor retail, and 1,883 square feet of community facility space.

New York City Plans Suspension of HPD’s Affordable Senior Housing Program, AIRS

6:30 am on January 3, 2021 By Vanessa Londono

Due to fair housing concerns, New York City plans to suspend the Affordable Independent Residences for Seniors housing program, aka AIRS, beginning July 21, 2021.

Rendering of Bronx Point - S9 Architecture

Developers Secure $349M for Bronx Point Affordable Housing Complex, in the South Bronx

7:30 am on December 31, 2020 By Sebastian Morris

L+M Development Partners, Type A Projects, BronxWorks, and the City of New York have closed on $349 million financing package to complete phase one of Bronx Point, a new mixed-use affordable housing complex in the South Bronx. As a public-private partnership, the financing entities include the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, Empire State Development, Wells Fargo, and additional private funding sources.

Permits Filed for 87 West 169th Street in Highbridge, The Bronx

6:30 am on December 31, 2020 By Vanessa Londono

Permits have been filed for a nine-story mixed-use building at 87 West 169th Street in Highbridge, The Bronx. Located between Shakespeare Avenue and Nelson Avenue, the interior lot is near the 170th Street subway station, serviced by the 4 train. The Department of Housing Preservation and Development is listed as the owner behind the applications.

3188 Villa Avenue in Bedford Park, Bronx

Doe Fund Brings 68 Affordable Housing Units to 3188 Villa Avenue in Bedford Park, The Bronx

6:30 am on December 27, 2020 By Vanessa Londono

Villa House, a ten-story affordable housing building by The Doe Fund, has received its Temporary Certificate of Occupancy. Located at 3188 Villa Avenue in Bedford Park, The Bronx, the development will yield 68 units of affordable and supportive housing. Additional partners in the development process include the Department of Housing Preservation and Development, NYC Housing Authority, the Corporation for Supportive Housing, and NYC Human Resources Administration.

Stapleton Site A on Staten Island's North Shore

Affordable Housing Coming to North Shore of Staten Island

7:00 am on December 23, 2020 By Vanessa Londono

The city’s Department of Housing Preservation and Development has released a request for affordable housing proposals for the north shore of Staten Island. The RFP would use 108,000 square feet of land owned by the city for a mixed-use development with 100 percent affordable housing and community amenities and services.

HPD Awards $13.6 Million in Tax Credits for 583 Affordable Housing Units

7:00 am on December 19, 2020 By Vanessa Londono

This week the city’s Department of Housing Preservation and Development (HPD) announced $13.6 million in housing tax credits was awarded to seven developments. These projects will be responsible for creating and preserving 583 affordable units throughout the city.

Housing Lottery Launches for Uptown 6 in West Harlem, Manhattan

7:00 am on December 18, 2020 By Vanessa Londono

The affordable housing lottery is now open for Uptown 6, a collection of 32 renovated rental units in across several buildings including 118 West 139th Street, 123 West 112nd Street, 30 West 132nd Street, 281 West 118th Street, 120 West 139th Street, and 122 West 139th Street in Manhattan’s West Harlem neighborhood. Available on NYC Housing Connect are a mix of studios, one-, two-, three-, and four-bedroom units for residents at 80 percent of the area median income, ranging in eligible income from $48,480 to $120,080.

Permits Filed for 306 Pennsylvania Avenue in East New York, Brooklyn

7:00 am on December 17, 2020 By Vanessa Londono

Permits have been filed for a seven-story affordable housing building at 306 Pennsylvania Avenue in East New York, Brooklyn. Located between Belmont Avenue and Sutter Avenue, the interior lot is three blocks north of the Pennsylvania Avenue subway station, serviced by the 2, 3, and 4 trains. NYC Department of Housing Preservation and Development is listed as the owner behind the applications.

544 West 163rd Street in Washington Heights

Housing Lottery Launches for HDFC Co-Ops in Washington Heights, Manhattan

7:00 am on December 16, 2020 By Vanessa Londono

The affordable housing lottery is now open for HDFC Co-Ops, two recently renovated cooperative developments at 518 West 161st Street and 544 West 163rd Street in Manhattan’s Washington Heights neighborhood. The six-story structure with 24 units at 518 West 161st Street is designed by RKTB Architects and developed by the city’s Department of Housing Preservation and Development. 544 West 163rd Street is a five-story building with 20 units, developed by Restoring Communities Housing Development Fund. Available on NYC Housing Connect are 18 units for residents at 110 percent of the area median income, ranging in eligible income from $67,693 to $155,100.

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Housing Preservation and Development

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