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Affordable housing and preservation are not enemies

To the editor:  It is important to rectify a number of assertions made or implied in the Real Estate Board of New York's recent letter. ("Letter to the editor: Next Landmarks chair must... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 19th, 2018

Details, details: What"s planned for nine projects approved for $18.9M in affordable housing funds

Charlotte City Council has signed off on spending about $19 million on affordable housing projects, including shelter beds, preservation of existing units and new construction. The vote on Monday authorized $14.9 million to be spent from the Housing .....»»

Category: topSource: bizjournalsApr 28th, 2020

City strikes deal to keep world’s largest co-op affordabe

The city’s Department of Housing Preservation and Development has struck a deal to preserve 16,083 affordable homes, including Co-op City, the largest housing cooperative in the world, and Cooper Square, the oldest Community Land Trust in the City. HP.....»»

Category: realestateSource: realestateweeklyApr 8th, 2020

Who wants to build on NYCHA land?

The New York City Department of Housing Preservation and Development released a Request for Proposals (RFP) for plans to develop affordable housing for seniors on two NYCHA-owned.....»»

Category: realestateSource: realestateweeklyMar 9th, 2020

Multifamily finance non-profit announces plan to go carbon neutral

The Community Preservation Corporation (CPC), a nonprofit affordable housing and community revitalization finance company, has committed to attainin.....»»

Category: realestateSource: realestateweeklyMar 4th, 2020

First Republic pledges largest contribution yet to S.F. housing fund

First Republic Bank is committing $100 million to San Francisco’s Housing Accelerator Fund, a pledge that could pave the way for the preservation and production of more than 2,000 affordable homes over the next five years. It is the largest cont.....»»

Category: topSource: bizjournalsFeb 26th, 2020

Mayor prioritizes preservation over affordable-housing construction

Mayor Bill de Blasio may not be able to save his housing plan—but he might be able to save your home. The Democrat came off his speech on Thursday, and off to his efforts to for new construction,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 7th, 2020

Affordable apartments in Broward sell for $45M

The Cypress Grove Apartments affordable rental community in Lauderhill was sold for $44.6 million. Sandalgrove LLC, managed by Housing Preservation Trust in Marietta, Georgia, sold the 814 apartments at 4200 N.W. 19th St. to CC Cypress LLC, an affili.....»»

Category: topSource: bizjournalsJan 30th, 2020

HPD selects teams to develop hurricane-proof affordable homes

The New York City Department of Housing Preservation and Development (HPD) announced the selection of M/WBE development teams Urban Ecospaces and D Handy, to create elev.....»»

Category: realestateSource: realestateweeklyJan 30th, 2020

K&R forms new equity partnership for affordable housing portfolio

K&R Preservation, the New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock, announced that the firm has formed an equity partnership with San F.....»»

Category: realestateSource: realestateweeklyJan 8th, 2020

Diane Olmstead

Fillmore Capital Affordable Housing Years in Business: 30+, 1 in current role Business/Specialty: Preservation of Work Force and Affordable Housing Accomplishments: Diane has spent over 30 years working in the real estate space as an investor,.....»»

Category: topSource: bizjournalsOct 15th, 2019

NYC officials partner with nonprofit to build modular affordable housing

In a local partnership of the New York Housing Preservation and Development office, Bro.....»»

Category: realestateSource: bdcnetworkApr 12th, 2019

City launches down payment assistance fund to help non-profits buy property

The city has launched a new Down Payment Assistance Fund to speed the production of supportive and affordable housing across New York. Housing Preservation and D.....»»

Category: realestateSource: realestateweeklyMar 26th, 2019

Bulldozers make space for new Far Rockaway Village

The has-been Far Rockaway strip mall in Queens has been demolished to make way for a large-scale mixed-use affordable housing development. The city Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and Housing Dev.....»»

Category: realestateSource: realestateweeklyMar 14th, 2019

CPC continues to bolster agency lending business

The Community Preservation Corporation (CPC), a not-for-profit affordable housing and neighborhood revitalization finance company, has hir.....»»

Category: realestateSource: realestateweeklyMay 2nd, 2018

CPC delivers $12M to NJ apartment owners

The Community Preservation Corporation (CPC), a nonprofit affordable housing finance company, announced the closing of three permanent mortgages under the Freddie Mac Small Balance L.....»»

Category: realestateSource: realestateweeklySep 5th, 2018

Flexible Fred makes sense for affordable housing investors

Non-profit affordable housing finance company, Community Preservation Corporation (CPC), has closed $11 million in permanent mortgages deals to refinance a trio of Brooklyn apartme.....»»

Category: realestateSource: realestateweeklyOct 18th, 2018

HPD allocates $18M in tax credit for 13 affordable housing projects

The New York City Department of Housing Preservation and Development announced the.....»»

Category: realestateSource: realestateweeklyDec 28th, 2018

City looks for developer to build Bronx affordable senior housing

The city’s Department of Housing Preservation and Development announced the release of a Request for Proposals from qualified development teams to build high quality .....»»

Category: realestateSource: realestateweeklyJan 4th, 2019

City housing commissioner stepping down after two years

Maria Torres-Springer, a key figure in Mayor Bill de Blasio’s affordable housing push as commissioner of the Department of Housing Preservation and Development, is leaving city government to become... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 3rd, 2019

Development teams tapped to build Hudson Yards’ affordable neighbors

The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announced today the selection of development teams to build  258 units of affordable housing o.....»»

Category: realestateSource: realestateweeklyFeb 13th, 2019