Affordable housing

Aerial view of The Dime Building at 275 South Fifth Street in Williamsburg, Brooklyn

Housing Lottery Units Still Available at The Dime at 251 South 5th Street in South Williamsburg, Brooklyn

7:00 am on May 14, 2022 By Vanessa Londono

The affordable housing lottery has launched for The Dime, a rental building above the historic Dime Savings Bank at 275 South 5th Street in South Williamsburg, Brooklyn. Designed by Fogarty Finger Architects and developed by Charney Companies and Tavros Holdings, the structure yields 177 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,378 to $156,130.

Housing Lottery Launches for 1998 Second Avenue in East Harlem, Manhattan

7:00 am on May 13, 2022 By Vanessa Londono

The affordable housing lottery has launched for 1998 Second Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by GF55 Partners and developed by Peter Fine of Bolivar Development, the structure yields 164 residences. Available on NYC Housing Connect are 51 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $215,150.

Rendering of Nevins Street Apartments - Dattner Architects

Developers, City Officials Celebrate Opening of Nevins Street Apartments at 50 Nevins Street in Downtown Brooklyn

7:30 am on May 12, 2022 By Sebastian Morris

Developers and elected officials recently gathered to celebrate the completion of Nevins Street Apartments, a 129-unit affordable housing property in Downtown Brooklyn. Located at 50 Nevins Street, the property now comprises 6,000 square feet of commercial space and over 100,000 square feet of residential area.

Housing Lottery Launches for 95-01 37th Avenue in Jackson Heights, Queens

7:00 am on May 12, 2022 By Vanessa Londono

The affordable housing lottery has launched for 95-01 37th Avenue, a six-story mixed-use building in Jackson Heights, Queens. Designed by Angelo Ng & Anthony Ng Architects Studio and developed by Shun Qian Liu under the Prudential Queens Realty LLC, the structure yields 49 residences and 8,737 square feet of commercial space. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $187,330.

Housing Lottery Launches for 658 Driggs Avenue in Williamsburg, Brooklyn

6:30 am on May 11, 2022 By Vanessa Londono

The affordable housing lottery has launched for 658 Driggs Avenue, a five-story mixed-use building in Williamsburg, Brooklyn. Designed by Morris Adjmi Architects and developed by Red Sky Capital, the structure yields 20 residences and 4,088 square feet of ground-floor commercial space. Available on NYC Housing Connect are six units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $54,446 to $156,130.

Renderings Revealed for Sol on the Park Affordable Housing Development in Morrisania, The Bronx

7:00 am on May 9, 2022 By Sebastian Morris

The Department of Housing Preservation and Development (HPD), Housing Development Corporation, and NYCHA have announced plans to construct Sol on the Park, a 195-unit affordable housing property in the Morrisania section of The Bronx. Located at the corner of St. Paul’s Place and Park Avenue, the project sits within the Morris II public housing development.

Housing Lottery Launches for 881 Lexington Avenue in Stuyvesant Heights, Brooklyn

6:30 am on May 8, 2022 By Vanessa Londono

The affordable housing lottery has launched for 881 Lexington Avenue, a six-story mixed-use building in Stuyvesant Heights, Brooklyn. Designed by Issac & Stern Architects and developed by Hung Pin Hung of Pro H Designs, the structure yields 24 residences, ground-floor commercial space, and 12 parking spaces. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $156,130.

View of East State Street in Trenton, New Jersey - Wikicommons

New Jersey Community Capital Awarded $985,000 for Continued Neighborhood Revitalization in East Trenton, New Jersey

7:30 am on May 7, 2022 By Sebastian Morris

The New Jersey Department of Community Affairs has awarded $985,000 to New Jersey Community Capital (NJCC) to facilitate the development, preservation, and enhancement of affordable housing, vocational programming, and community facilities in East Trenton.

Housing Lottery Launches for 539 Vanderbilt Avenue in Clinton Hill, Brooklyn

7:00 am on May 7, 2022 By Vanessa Londono

The affordable housing lottery has launched for 539 Vanderbilt Avenue, a 29-story residential tower at 550 Clinton Avenue in Clinton Hill, Brooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the structure yields 284 apartments and about 60,000 square feet of retail space. Available on NYC Housing Connect are 80 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,206 to $215,150.

Renderings of the new mixed-income property at Essex Plaza - Courtesy of Fairstead

Rendering Revealed for Mixed-Use Affordable Housing Development in Newark, New Jersey

7:30 am on May 6, 2022 By Sebastian Morris

Fairstead and LIHC Investment Group have announced plans for a six-story mixed-use development at 127 Orchard Street in Newark, New Jersey. Part of Essex Plaza, a 13-building residential complex, the new structure will replace a surface-level parking lot and yield 365,000 square feet with 241 units. Forty percent of these will be set aside as affordable units for households and individuals at 60 percent area median income (AMI). In practice, that equates an annual income of $64,400 for a four-person household.

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Affordable housing

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