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Affordable housing must remain a New York priority

New Yorkers remain concerned about access to safe and affordable housing in the state, so it was encouraging to hear Governor Cuomo emphasize his Administration’s commitment to expanding affordable opportunities fo.....»»

Category: realestateSource: realestateweeklyJan 22nd, 2020

After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.

In 2018, the odds of winning the affordable housing lottery were 1 in 592, per The New York Times. The living room is bright and airy.Nkenge BrownA millennial woman won the New York City affordable housing lottery after applying for two years......»»

Category: topSource: businessinsiderApr 10th, 2024

Hawaii Legislature fails to pass dozens of affordable housing measures

Only a handful of bills made it to the desk of Gov. David Ige — who had also made affordable housing a priority at the beginning of the year — by the April 29 adjournment......»»

Category: topSource: bizjournalsMay 5th, 2021

Gov. Cuomo wants to give people recovering from drug addictions who live in crowded housing COVID-19 vaccine priority, and Republicans are furious

New York's Gov.....»»

Category: dealsSource: nytDec 30th, 2020

Tampa is an "epicenter" for a big New York developer"s new affordable housing division

The head of PMG's affordable housing division says he was close to finalizing a deal near Ybor City before the coronavirus pandemic......»»

Category: topSource: bizjournalsMay 13th, 2020

Ventilators remain No. 1 priority in NYC as Mayor says ‘April 5 is a day I am very worried about’

New York City woke up Monday to a critical week for the medical supplies needed to fight the coronavirus, which has already inundated hospitals in the city’s outer boroughs and left public officials hunting the globe for ventilators......»»

Category: topSource: marketwatchMar 30th, 2020

Barron"s: Ventilators remain No. 1 priority in NYC as Mayor says ‘April 5 is a day I am very worried about’

New York City woke up Monday to a critical week for the medical supplies needed to fight the coronavirus, which has already inundated hospitals in the city’s outer boroughs and left public officials hunting the globe for ventilators......»»

Category: topSource: marketwatchMar 30th, 2020

Michael Gallis has an idea: Start over now on Charlotte"s transportation plans

Charlotte Mayor Vi Lyles made clear her intention earlier this year to put transportation and transit at the top of her priority list, much as the City Council did with building and preserving affordable housing in 2018......»»

Category: topSource: bizjournalsMar 19th, 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

New Wiener housing bill will focus on churches, with others coming

While details on two placeholder bills introduced by Sen. Scott Wiener in the wake of SB 50’s defeat last month remain scant, he indicated this week that one will be focused on helping churches build affordable housing while the other will be a b.....»»

Category: topSource: bizjournalsFeb 21st, 2020

New Wiener housing bill will focus on churches

While details on two placeholder bills introduced by Sen. Scott Wiener in the wake of SB 50’s defeat last month remain scant, he indicated this week that one will be focused on helping churches build affordable housing while the other will be a b.....»»

Category: topSource: bizjournalsFeb 21st, 2020

Greystone antes up $105M to protect 500 low income apartments

Greystone has provided $105 million in HUD-insured financing to preserve over 480 units of affordable housing in New York City. The lender provided a $54,965,400 HUD-insured loan to refinance 31-41 2.....»»

Category: realestateSource: realestateweeklyFeb 19th, 2020

Affordable housing industry must make voter registration a priority

Last weekʼs week’s Iowa Caucus officially marked the beginning of the 2020 presidential election cycle.....»»

Category: realestateSource: realestateweeklyFeb 12th, 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

Affordable housing crisis: The problem we need to solve

There were a lot of positives for New York City in the last 10 years. Population rose as citizens from around the world flocked to our city; attracted to low leve.....»»

Category: realestateSource: realestateweeklyJan 29th, 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

Multi-faith coalition could answer the prayers of New Yorkers struggling with housing affordability

Millions of families in New York are struggling to find a quality home at an affordable price during our continuing housing crisis. This is a statewide crisis even though so much media att.....»»

Category: realestateSource: realestateweeklyDec 10th, 2019

Merchants Capital exec discusses new office, taking on homelessness

"We will continue to work with mission-driven clients across the country, from New York to California, to fund affordable housing development," Mathew Wambua said......»»

Category: topSource: bizjournalsNov 27th, 2019

50 Penn breaks ground in New York, will provide 218 units of affordable housing

50 Penn, a transit-oriented, mixed-use development in the Cypress Hill area of East New York, recently broke ground. The nine-story, 211,000-sf structure is being built on a former industrial site that was remediated by the Brownfield Cleanup Program......»»

Category: realestateSource: bdcnetworkOct 3rd, 2019

Affordable housing is a global crisis

Cities around the world, from New York to London to Stockholm to Sydney, are struggling to solve growing affordable housing crises......»»

Category: topSource: moneycentralAug 21st, 2019

Mortgage crisis settlement to help fund affordable housing

Part of a $1 billion settlement received by New York from the mortgage crisis will come back to mission-based organizations to create affordable housing. The state announced a new program May 20 to award $1.4 million over two years through its Mis.....»»

Category: topSource: bizjournalsMay 20th, 2019