#affordable-housing

#affordable-housing

The project, led by developers Rabina and Park Tower Group, would bring about 1,260 mixed-income apartments, with 25 percent set aside as permanently affordable as part of the Mandatory Inclusionary Housing program required with rezonings. Board members added a list of 10 conditions to their approval of the project, citing concerns about affordability and unit sizes, and the impact on Fort Greene Park and on the surrounding community.

Construction in Crews Hill, Enfield, might begin before the next election. The area has grown into a small village-size community bordering the M25 on the northern outskirts of London and is 12 miles from Charing Cross. Despite having a railway station, it currently has a very small population of only around 566 people and is in the Green Belt. Currently, it is known for its many garden centres and plant nurseries and underutilised train station, the survey says.

That effort has resulted in plans to build 11 projects and nearly 1,000 homes, Adams said in a press conference Thursday morning. "Where past administrations saw vacant lots and old office buildings, our administration saw housing," he said. He highlighted two new proposals on the Williamsburg waterfront and along the East River In East Harlem, where officials hope to build 900 and 800 homes, respectively. One-quarter of those homes would be set aside as affordable housing, Adams said.

Cuomo who only moved into New York City in September 2024 after living in Westchester, a suburban community north of the city has promised to build over the next decade half a million new apartments, two-thirds of which will be affordable. The plan offers tax incentives to private developers to build more residential developments. It also says it will loosen zoning laws to promote office-to-residential conversions.

A planning statement on behalf of developer L&Q explained the flats would form a "high-quality" development with a "high standard of residential accommodation".

This partnership between Sagent and IHFA is a breakthrough in how technology can help address America's home affordability crisis, said Geno Paluso, CEO of Sagent. By automating claims to reduce operational costs, Dara Claims helps IHFA recover more servicing expenses and reinvest in affordable housing programs. Helping servicers support successful homeownership is what Dara by Sagent is all about. The first-to-market implementation of Dara Claims allows IHFA to process claims within its existing servicing system,

Mr. Sertich knows CalHFA and, even more importantly, knows the state's housing finance ecosystem from nearly every perspective, CalHFA Board Chair Jim Cervantes said in a statement. With CalHFA and its sister agencies moving into a new era under the umbrella of the California Housing and Homelessness Agency, Mr. Sertich's experience and expertise will be invaluable. Per a release from the agency, CalHFA helped 7,000 first-time and first-generation homebuyers in the last fiscal year.

A key community panel on Monday rejected plans for a casino next to the United Nations, marking the third casino plan to fail in Manhattan and ensuring no casino will be built in the borough in the immediate future. The rejection of the Freedom Plaza proposal, by a 4-2 vote, came despite last-minute sweeteners by the developer, who promised all of the housing created on site would be affordable. Separate community advisory committees last week rejected proposed casinos in Times Square and Hudson Yards.

Menlo Park last week moved forward with plans to convert three downtown parking lots into high-density housing, aiming to add hundreds of affordable units amid soaring housing costs, while preserving public parking for downtown businesses that say they are still struggling to recover from pandemic lockdowns. The city released its official request for proposals Monday, following city council guidance last month.

The Foothill-De Anza Community College District board unanimously approved a roughly $54.5 million purchase of 50 affordable apartments for staff earlier this month. The district will buy the empty apartments at 699 N. Shoreline Blvd. as part of an agreement with Mountain View Whisman School District, which owns and operates the 144-apartment complex as workforce housing for 53 households. About 20 apartments are reserved for Mountain View city employees.

Curry discussed her recent article for the California Planning and Development Report on Sacramento's attempt to use an Enhanced Infrastructure Financing District (EIFD) to revitalize its downtown. The financing tool, designed to help cities fund projects like affordable housing and transit-oriented development without raising taxes, has struggled to gain traction statewide. Sacramento's effort to launch a district around its downtown railyards hit obstacles due to political disagreements and questions about long-term revenue streams.

Included in the lottery for 2795 Fulton Street Apartments are 13 one-, two-, and three-bedroom apartments, all rent stabilized and income restricted and all of which could be deemed truly affordable. The units are set aside for families earning 40, 60, and 80 percent of the Area Median Income, or between $51,018 and $160,720 a year for households of one to seven people, according to the listing. There is a one-bedroom that rents for $1,556 a month.

The program, called Section 610, allowed landlords to collect the full value of a federal rent voucher when it was more than the rent. But money came from the federal Section 8 program. In March, when Section 8 funding appeared in jeopardy, the city paused authorizations. In July, New York State's housing department seemed to put the final nail in the coffin, ending authorizations for landlords who receive certain city subsidies.

Wednesday, Sept. 17 at 10 a.m.: The City Planning Commission will vote on a plan to redevelop the Kingsbridge Armory in the Bronx, among other land use applications. Thursday, Sept. 18 at 10 a.m.: NYCHA will hold its monthly board meeting. Friday, Sept. 19 at 10 a.m.: The NYC Council's Committee on Health will hold an oversight hearing on building requirements for cooling towers and water systems to prevent Legionnaires' disease.

The current plans, which were submitted by Hadley Property Group to Hounslow Council in August, are centred around the renovation of 980 Great West Road, a disused office block once home to pharmaceutical company GSK. The building, which has been empty for a few years now, is only part of Hadley's vision which also includes a public plaza. Its overall goal is to 'create a new neighbourhood that is both future-facing and rooted in Brentford's character'.

In Denver, where nearly 27,000 rental units are vacant amid a housing crisis, housing advocates propose a "ghost tax" to incentivize landlords to make these units available and fund affordable housing initiatives. The tax aims to combat the imbalance between empty homes and people in need of housing, but landlords fear it may drive rents up further in an already expensive market. As Colorado grapples with housing affordability issues, advocates believe taxing vacant units could be a crucial solution.

Popular stories on Brownstoner this week include a housing lottery in Fort Greene, a Fiske Terrace manse on the market, and more Brooklyn news. Affordable Housing Lottery Opens for Fort Greene Tower With $1,782 Units An affordable housing lottery has debuted for 331 apartments in a new 40-story tower on Fulton Street in Fort Greene. Known as the Rocklyn, the 1,102-unit development has taken the place of a low-rise building that housed a dollar store.

Four ballot measures aimed at speeding up affordable housing construction and eroding the City Council's powers over land use will be on the ballot in November after they survived a Board of Elections vote that could have stripped them off the ballot. After the City Council claimed that the questions were written to mislead voters about how the ballot measures would limit legislative authority on land use decisions, the Board of Elections voted unanimously Tuesday to keep the questions.

Advocacy group members and union construction workers cheerfully toted signs that read "Cities are not Museums" and "Affordable Housing Can't Wait." As they see it, the city's failure to build housing at scale for the past decades has contributed to the city's affordability crisis, and the solution is to build at scale - which the zoning plan will enable.

In Houston, a city grappling with an affordability crisis exacerbated by climate change, a groundbreaking solution is emerging at Zuri Gardens.