#affordable-housing

#affordable-housing

The Community Opportunity to Purchase Act or COPA, also known as Intro 902, would require owners of buildings with three or more residential units to notify the Department of Housing Preservation and Development and a list of qualified entities when their buildings will be listed for sale, giving these nonprofits a first right of refusal to purchase a residential property.

The plan has three main components: removing barriers to construction, boosting affordable home production and reducing other housing-related costs. As a remedy, CAP is suggesting reformation to local zoning laws, incentives to local jurisdictions to approve more housing, and expansion of modular and manufactured housing. The federal government can't make you change your zoning requirements, so we designed a program to create strong incentives and disincentives to get more and more communities to undertake the actions to make it faster to build, Negron said.

In the spirit of giving, affordable housing developer Tredway partnered with City Harvest, New York City's first and largest food rescue organization, to distribute more than 500 turkeys and 7,000 pounds of fresh produce including sweet potatoes, peppers and lemons to families in need at the Sea Park Apartment Community, a three-tower complex in Coney Island, on Nov. 25.

"Any information you provide to the city - including your address, email and phone number - will become a matter of public record," an Oct. 20 letter from the park's attorney Paul Beard II warned of a questionnaire sent out by city staff. "If you decide to respond," it continued, "the park may need to depose you" as part of litigation between the two, and "it may be advisable for you to hire counsel."

Any information you provide to the city including your address, email and phone number will become a matter of public record, an Oct. 20 letter from the park's attorney Paul Beard II warned of a questionnaire sent out by city staff. If you decide to respond, it continued, the park may need to depose you as part of litigation between the two, and it may be advisable for you to hire counsel.

The affordable housing neighborhood currently being constructed in Willets Point that will include 2,500 affordable housing units and a 25,000-seat football stadium, is nearing completion of its Phase 1 construction plans, which includes 880 affordable housing units spanning two buildings toward the southwest corner of the property, next to Seaver Way and Roosevelt Avenue. The project is spearheaded by the Queens Development Group, a joint venture of real estate developers Related Companies and Sterling Equities, in partnership with the New York City Football Club.

A 545-foot-high mixed-use building is slated to rise at Domino Site B, sandwiched between 1 South First and the Domino Sugar Refinery on the Williamsburg waterfront. It will complete Two Trees' redevelopment of the 11-acre site, which was rezoned in 2014. The development, which does not yet have an address or a name like its neighbors at 325 Kent and 1 Domino Square, will include more than 1,200 units - 315 of which will be income restricted and rent stabilized and earmarked as affordable.

Tower Hamlets has pledged that half of any new homes on its land must be affordable housing and will prioritise family-sized homes over one-bedroom units to help combat gentrification, the Standard can reveal. The borough has said that 40 per cent of any new development that is not on council land will also have to be made up of affordable housing. The council is aiming to build at least 52,095 homes over the next 15 years, delivering nearly 5,000 homes a year.

What is the one thing that makes life possible in New York City? As mayor-elect Zohran Mamdani would say, it is affordable housing. This was also true in the 1950s, when three women-all newly single mothers-founded an artist haven in a rowhouse in the East Village, a raw neighbourhood at the time better known for shelters like the Bowery Mission.

The bipartisan bill would exempt new categories of development under the HOME program from review under the National Environmental Policy Act of 1969 (NEPA). These categories include the following: New construction and rehabilitation projects of 15 units or fewer. New construction on infill lots. Acquisition of real property for affordable housing. The legislation would also limit duplicative environmental reviews in the HOME program and make other changes to reduce burdensome red tape associated with NEPA.

The 65-year-old Grand Concourse Library in the Bronx is about to be replaced. First renderings of the new public library show a brick-lattice façade on the first two floors and a double-height reading space that looks airy and bright. But perhaps the most unusual feature of the library is not what's inside but what's on top of the stacks: 113 affordable, rent-stabilized units.

In 2018, the City of Los Angeles made available some of its more than 1,700 city-owned parcels to affordable housing developers. Many of these sites are difficult, lying along heavy-traffic corridors or next to freeways. In other instances, the sites are composite parcels that have been left untouched for decades. In LOHA's second collaboration with non-profit developer Holos Communities, this 35,000-square-foot, 54-unit housing project and adjacent paseo repurpose a 19,814-square-foot triangular site, uniting a traffic island and a former railroad right-of-way.

New York City has seen a surge in developers proposing buildings with exactly 99 units due to the new tax program known as 485-x, a replacement for a popular policy called 421-a, which requires a $40 hourly construction worker wage for buildings with 100 or more apartments. It's decimating affordable housing where it's probably most needed, said John Valladares, an executive with the Slate Property Group.

SF-based developer Align Real Estate does, in fact, have a larger strategy to redevelop Safeway properties in the city and turn them into multi-story residential complexes with retail on the ground floor, including replacement Safeway stores. With Tuesday's announcement that Align, the same developer behind the project to redevelop the Fillmore Safeway property, was working to potentially redevelop the Ocean Beach Safeway in similar fashion, we surmised there could be a larger strategy at play.

Stepping up at the developer, which has more than $11.7 billion in assets and more than 21,000 residential units completed or under construction, will be Related executives Gino Canori and Ann Silverberg, both San Francisco based. Canori, the company's president, will retain that title and add the role of CEO for its market-rate and mixed-income division. Silverberg, who leads affordable housing development in Related California's Northern California and Northwest divisions as its CEO, will become president and CEO of the firm's entire affordable division.

The announcement made at a JPMorgan Chase-sponsored Axios event in Atlanta where policymakers, business leaders and community groups discussed housing challenges and solutions builds on the company's already-extended $5 billion in debt and equity for affordable housing in the first three quarters of 2025 The initiative focuses on strategies such as innovative construction models, financing solutions, rental unit preservation and home improvement support for low- and moderate-income families.

They initially planned to demolish the existing commercial and retail buildings on the site at at 15495 Los Gatos Blvd. and construct two apartment buildings with a total of 238 units, with 48, or 20%, of them to be set aside as affordable. The developers initially tried to argue that their project would qualify for a limited environmental impact report due to an exemption in the California Environmental Quality Act for infill projects under a certain acreage.

The resident-led housing association, Phoenix Community Housing has submitted plans to partially demolish Catford Police Station on Bromley Road so it can deliver 63 new homes. The plans will be heard by Lewisham Council's Planning Committee at a meeting next week (November 25). Catford Police Station closed at the end of 2017. Since its closure, the building has been occupied by Live In Guardians, who are allowed to live in disused buildings for a lower rate than normal in exchange for guarding' the vacant property.

The SF Board of Supervisors voted Tuesday to approve a new affordable-housing program based in a new building on mid-Market Street that would be dedicated to housing artists and creative types who are largely being priced out of the city. "The story of San Francisco cannot be told without its artists," says Supervisor Rafael Mandelman in a statement. "This program is an important step toward honoring that legacy and ensuring artists remain at the heart of our city's future."

Nine months ago, Katie Wilson wasn't even considering a run for any elected office. Harrell had sewed up endorsements from labor, business, mainstream Democrats including Governor Bob Ferguson, and progressive Democrats, including Pramila Jayapal. There was no alternative to Harrell, who at best was a transactional politician with bows to progressive initiatives when it was convenient. The door opened up, and Katie walked in.

A major redevelopment which will see more than 2,500 homes built on a former gasworks site in west London has been approved. Kensal Canalside Opportunity Area will see 500 classed as affordable with 342 at social rent and 158 at an intermediate rate. Although below Kensington and Chelsea Council's 35.7% target, officers said it was the maximum viable level.

A long-planned vision for Harlem became reality Wednesday with the opening of the Urban League Empowerment Center, a $242 million, 414,000-square-foot hub that blends housing, history, and hope on 125th Street. The project, led by the National Urban League, brings the organization's national headquarters back to Harlem, the neighborhood where the League rose to prominence more than a century ago.

The London boroughs where no affordable homes are being built can be revealed. These boroughs were: the City of London, Hackney, Lambeth, Merton and Richmond. In addition, in a further 12 boroughs, the number started did not even reach double figures. These were: Barking and Dagenham, Bexley, Brent, Croydon, Enfield, Haringey, Hounslow, Islington, Kensington and Chelsea, Kingston, Wandsworth and Westminster.