Housing & Development

Housing & Development

Rep. Zeldin Statement in Support of the Property Tax Reduction Act

Last night, Congressman Lee Zeldin (R, NY-1) addressed his colleagues in the House of Representatives in support of H.R. 1871, the Property Tax Reduction Act, which was introduced in the House by fellow New York Representatives, Congressman Chris Collins (R, NY-27) and Congressman John Faso (R, NY-19). The Property Tax Reduction Act would shift to the state level the local share of Medicaid costs currently paid by all New York counties outside of New York City

Maloney Announces Over $14 Million Federal Investment to Complete New Runway Project at Orange...

Representative Sean Patrick Maloney (NY-18), member of the House Transportation and Infrastructure Committee, announced a federal investment of $14,520,795 to construct a new runway and navigational aids at the Orange County Airport. This is the third and final phase of investment in the runway’s construction, which is funded through the U.S. Department of Transportation’s Federal Aviation Administration.

Collins and New York State Leaders Praise Inclusion of NYS Property Tax Reduction Language...

Congressman Chris Collins (NY-27) today hailed the inclusion of his amendment to the House passed American Health Care Act into the Senate version of the bill. The amendment, introduced with Congressman John Faso (NY-19), would require New York State to take over the county portion of Medicaid by 2020 and would provide the largest property tax reduction ever to Western New York.

SCHUMER, GILLIBRAND ANNOUNCE MORE THAN $125K IN FEDERAL FUNDING FOR TWO FINGER LAKES FIRE...

U.S. Senate Minority Leader Charles E. Schumer and Senator Kirsten Gillibrand today announced a total of $127,715 in federal funding for two fire departments in the Finger-Lakes region. The funding was allocated through the Department of Homeland Security's (DHS) Assistance to Firefighters Grant Program (AFG). The Point Pleasant F

Assembly Passes Bill to Expand Protections for Tenants In Building Foreclosure Proceedings

Assembly Speaker Carl Heastie, Judiciary Committee Chair Helene Weinstein and Assemblymember Jaime Williams today announced the Assembly's approval of legislation to further protect tenants who enter into rental agreements after building foreclosure actions have begun.

CITY AND STATE OFFICIALS JOIN WORKFORCE HOUSING GROUP AND PROJECT PARTNERS TO CELEBRATE THE...

Extensive rehabilitation and preservation of 1380 University is financed under HDC’s LAMP preservation program, leveraging City subsidy with tax-exempt bond proceeds and LIHTC equity Located in the Highbridge section of the Bronx, residents of this hundred percent affordable housing development will benefit from long-term affordability for at least an additional 30 years

Meng Sends Letter to President Trump Asking He Remove Extremely Unqualified HUD Appointment Lynne...

U.S. Rep. Grace Meng (D-NY) this morning sent the following letter to President Trump requesting that he remove his completely unqualified appointment to oversee federal housing programs in New York and New Jersey, Lynne Patton. The text of the letter is below and a copy of the correspondence can be found

New York Building Congress and the Partnership for New York City Unite Industry Leaders...

The Partnership for New York City and the New York Building Congress have sent a letter signed by over 15 industry leaders asking the New York State Legislature to support design-build authorization for New York City.  They reflect the broad-based support for giving city agencies the procurement and contracting tools they need to save time and money on major capital projects.

Governor Cuomo Announces Final Deal Closed for $1.6 Billion Penn-Farley Complex After Decades of...

Empire State Development Signs Final Financial Agreement with Related Companies, Vornado Realty LP, and Skanska USA Allowing Major Construction to Begin Construction Moves Forward on...

DiNapoli: Public Drinking Water Needs More Protection

New York's public water supplies need stronger protections to ensure clean drinking water and prevent contamination that could result in health problems, according to a report released today by State Comptroller Thomas P. DiNapoli.

HPD COMMISSIONER TORRES-SPRINGER AND HDC PRESIDENT ENDERLIN ANNOUNCE HOUSING LOTTERY FOR 84 AFFORDABLE APARTMENTS...

 The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and New York City Housing Development Corporation (HDC) President Eric Enderlin today announced the opening of the Housing Connect lottery for 84 newly constructed affordable apartments at The Pavilion at Locust Manor located at 171-04 Baisley Boulevard in the St. Albans neighborhood of Queens

Higgins Calls for Action in Commodore Perry Neighborhood

Perry Street stretches from HarborCenter in Downtown Buffalo through the Cobblestone District and into South Buffalo’s Old First Ward. Congressman Brian Higgins (NY-26) travels the 1.1 mile route frequently and, troubled by the vacant and deteriorating conditions of publicly owned property in the area, is proposing a plan to help the neighborhood reach its great potential

Stefanik Supports HYPE Act to Cut Red Tape for Hydropower Projects

Congresswoman Elise Stefanik (R-NY-21) helped the House pass H.R. 2274, the HYPE Act – bipartisan legislation to cut red tape in the construction permitting process for hydropower projects and incentivize greater investment in hydropower.

SCHUMER, GILLIBRAND ANNOUNCE OVER $375 MILLION IN FED FUNDING TO AID NY STATE ECONOMIC...

U.S. Senators Charles Schumer and Kirsten Gillibrand today announced $376,888,300in federal funding for communities across NY and relaunched their push to call on President Trump, who completely decimated the programs in the recent White House FY18 budget proposal. Earlier this month, Schumer and Gillibrand expressed serious concerns over reports that the Administration will eliminate all funding to the Department of Housing and Urban Development’s (HUD) Community Development Block Grant Program (CDBG) and the HOME Investment Partnerships Program (HOME).

Governor Cuomo Launches Second Phase of Unprecedented $20 Billion Housing Plan to Provide Affordable...

Governor Andrew M. Cuomo today announced the second phase of a historic $20 billion five-year plan for the creation or preservation of 100,000 affordable and 6,000 supportive housing units. State agencies issued three separate Requests for Proposals to provide more than $650 million in capital funding and $30 million in service and operating funding for supportive housing

Governor Cuomo Orders Acceleration of Construction on Bridges and Tunnels in Anticipation of Added...

Governor Andrew M. Cuomo has ordered an acceleration of the construction on MTA bridges and tunnels to mitigate the effects of additional vehicles on the road caused by Amtrak's emergency repair work this summer. This aggressive schedule ensures major construction projects will be completed by July 8 to reduce vehicular congestion during Amtrak's extended period of widespread reduced service. Governor Cuomo's order will mean that all major commuting crossings will be cashless and all lanes will be open during the daytime.

Governor Cuomo Announces $9.3 Million Energy-Efficient Affordable Housing Development for Seniors in Hornell

Governor Andrew M. Cuomo today announced the completion of a $9.3 million housing development for seniors in the City of Hornell. The project transformed the former Lincoln Elementary School, a vacant, historic landmark, into a Lincoln Gardens, a new development of 25 affordable, energy-efficient apartments for people 55 and older. Four units of the new Lincoln Gardens are for persons who have physical disabilities or mobility impairment. This complements Southern Tier Soaring, the Governor’s successful upstate revitalization initiative to grow the economy and create new opportunities

ENGEL, HOUSE DEMS WRITE TO WHITE HOUSE WARNING OF CYBERSECURITY DEFICIENCIES AT TRUMP PROPERTIES

Congressman Eliot Engel, the Ranking Member on the House Foreign Affairs Committee and a top Member on the House Energy and Commerce Committee, penned a letter to White House Counsel Donald McGahn signed by 23 of his House colleagues urging the White House to take immediate action to secure vulnerable networks at Trump properties, including Mar-a-Lago.

Governor Cuomo Announces Opening of $22 Million Affordable and Supportive Housing Development in Troy

Governor Andrew M. Cuomo today announced the opening of Tapestry on the Hudson, a $22.3 million affordable and supportive housing development for families along the Hudson River in Troy. The project included renovating the former Wilbur, Campbell, & Stephens Co. Factory, which was built in 1899, and was most recently home to Mooradians Furniture. Since 2011, New York has invested more than $22 million and leveraged $82.7 million in additional public and private investment to create 434 affordable homes for Troy families

HDC BOARD APPROVES BOND AND SUBSIDY FINANCING FOR 17 AFFORDABLE DEVELOPMENTS ACROSS NEW YORK...

Following approval by its Board of Directors at a meeting on June 5, the New York City Housing Development Corporation (HDC) announced plans to issue up to $563.5 million in tax-exempt multi-family housing revenue bonds and provide more than $157.3 million in additional financing to fund the new construction and preservation of 17 affordable housing developments across the Bronx, Brooklyn, Queens, and Manhattan

NYC Schoolchildren Deliver Signed Postcards Asking Mayor de Blasio to Place More Homeless Families...

A group of Brooklyn fourth graders from Kids for a Better Future (KBF) joined by the Coalition for the Homeless, homeless advocates and elected officials delivered at a press conference today signed postcards to Mayor de Blasio asking him to increase NYCHA housing for homeless families. Twenty-three thousand children go to sleep in shelters each night, and the children hope to persuade Mayor de Blasio to double the number of families placed in NYCHA housing each year to 3,000.

Leaders Celebrate the Opening of Williamsville’s Village Square

Spring Street, Rock Street, and the Williamsville Water Mill Plaza have a new look following completion of a $3.45 million project transforming the area into a new “village square” providing a beautiful public gathering space in the center of Williamsville.

SCHUMER ANNOUNCES OVER $700K IN FED FUNDS FOR CLEAN-UP AT BROWNFIELD SITES AROUND UPSTATE...

U.S. Senate Minority Leader Charles E. Schumer today announced $700,000 in federal funding for several regions in Upstate NY. The funding was allocated through the Environmental Protection Agency’s (EPA) Brownfields Program. Out of 172 communities across the U.S., Schumer secured funding for three projects to help communities in Upstate NY to survey, clean up, redevelop and reuse contaminated and abandoned properties. Niagara County, Sullivan County, and Valley Falls in Rensselaer County will receive $300,000, $200,000, and $200,000, respectively, to tackle the problems posed by brownfield sites, which pose safety risks and suffocate local economies.

SCHUMER, GILLIBRAND ANNOUNCE OVER $17 MILLION IN DEPARTMENT OF TRANSPORTATION FUNDING TO UPGRADE AIRPORTS...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $17,182,465 in federal funding for 36 critical infrastructure projects at local airports across Upstate New York. This funding was allocated through the Federal Aviation Administration’s (FAA) Airport Improvement Program (AIP). Specifically, the federal funding will be used for renovations and improvements to operational efficiency to airports in the Capital Region, Hudson Valley, Southern Tier, Central & Western New York, Rochester Finger Lakes, Mohawk Valley and North Country.

NYCHA AND HPD CALL FOR 100% AFFORDABLE HOUSING PROPOSALS AT SITES ACROSS THE CITY

The New York City Housing Authority (NYCHA) and the New York City Department of Housing Preservation and Development (HPD) today released a Request for Proposals (RFP) for the development of 100 percent affordable housing apartments for seniors and families on the grounds of four NYCHA developments: Harborview Terrace in midtown Manhattan, Sumner Houses in Bedford-Stuyvesant, Brooklyn, and Morrisania Air Rights and Twin Parks West, located in Morrisania and Fordham Heights in the Bronx.

Popular Government & Nonprofit Press Releases

VETERANS UNITED HOME LOANS TO PAY $604,000 IN RESTITUTION TO NEW...

Financial Services Superintendent Maria T. Vullo today announced that Mortgage Research Center, LLC, doing business as VAMortgage Center and/or Veterans United Home Loans, will pay approximately $604,000 in restitution to New York consumers, primarily veterans, as part of a consent order entered into with the Department of Financial Services (DFS).

Recent Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).