New York State Announces Catholic Charities Brooklyn and Queens Picked to Develop 100 Affordable...

NEW YORK, NY - June 5, 2009 - (RealEstateRama) — New York State today announced that Catholic Charities Progress of Peoples Development Corporation has been chosen to buy and develop the Bernard Fineson Developmental Disabilities Senior Office site in Howard Beach, Queens, into low- and moderate-income senior housing.

NYS Affordable Housing Corporation Approves $4.965 Million in Grants for Acquisition and Renovation of...

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $4.965 million in grants to finance the acquisition and renovation of 378 units of affordable housing throughout New York State.

NYS Affordable Housing Corporation Approves $700,000 in Grants to Renovate 50 Housing Units in...

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $700,000 in grants to finance renovations for 50 housing units in Cheektowaga and Lackawanna in Erie County.

NYS Affordable Housing Corporation Approves $2.27 Million in Grants to Acquire and Rehab 96...

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $2.27 million in grants to two nonprofit organizations to help acquire and rehabilitate 96 affordable homes on Long Island.

NYS Affordable Housing Corporation Approves $900,000 in Grants to Renovate 114 Homes in the...

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $900,000 in grants to renovate 114 homes in the Southern Tier.

NYS Affordable Housing Corporation Approves $600,000 in Grants to Renovate 75 Homes in St....

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $600,000 in grants to renovate 75 homes in St. Lawrence County.

NYS Affordable Housing Corporation Approves $300,000 Grant to Renovate 30 Syracuse Homes

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to Home HeadQuarters (HHQ) to help finance home improvements for 30 homes in the City of Syracuse.

NYS Affordable Housing Corporation Approves $195,000 Grant to Improve 13 Queensbury Homes

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $195,000 grant to the Town of Queensbury to renovate 13 single-family homes in Warren County.

Commissioner presents ‘Elizabeth Griffin Award’ to Albany Housing Authority

Albany, NY - June 4, 2009 - (RealEstateRama) — Commissioner VanAmerongen recently presented Historic Albany Foundation's (HAF) Elizabeth P. Griffin Award for Preservation Leadership to the Albany Housing Authority for the agency's contributions to the city's historic districts, including rehabilitation of architecturally and historically significant buildings and for infill housing which incorporates appropriate historic details.

USDA Rural Development Awards More Than $14.8 Million in Recovery Act Funding to 10...

SYRACUSE, NY - May 28, 2009 - (RealEstateRama) — Agriculture Secretary Tom Vilsack today announced that 10 New York water and wastewater projects will receive $14,869,400 through the American Recovery and Reinvestment Act (ARRA).

HDC, HPD and YUCO Real Estate Celebrate the Opening of 1405 Fifth Avenue Apartments

NEW YORK, NY - May 28, 2009 - (RealEstateRama) — Today, the New York City Housing Development Corporation (HDC), the New York City Department of Housing Preservation and Development (HPD) and YUCO Real Estate Company, Inc. (YUCO) celebrated the grand opening of 1405 Fifth Avenue Apartments, an 81-unit mixed-income development located in the East Harlem section of Manhattan. The creation of affordable housing in New York City is part of the City's Five Borough Economic Opportunity Plan to create jobs for New Yorkers today and implement a vision for long-term economic growth while strengthening and stabilizing neighborhoods in all five boroughs.

Yassky Unveils Plan to Expand and Improve City’s Affordable Housing Stock

New York, NY - May 27, 2009 - (RealEstateRama) — Council Member David Yassky, Democratic candidate for New York City Comptroller, today unveiled his plan to use the vast tools of the Comptroller’s Office to expand and improve New York City’s affordable housing stock. It is the second position paper issued by the Yassky campaign, and begins to put forth his vision for the Comptroller’s Office and the future of New York City.

Empire State Development Corporation Board Approves $47.5 Million In Grants And $3.5 Million In...

Albany, N.Y. - May 21, 2009 - (RealEstateRama) — Empire State Development Corporation’s Board of Directors met today in New York City and approved grants totaling nearly $48 million, pledging to retain 165 jobs and create more than 260 jobs in New York State.

Mayor Bloomberg, Governor Paterson and Speaker Quinn Announce Comprehensive Strategies to Increase and Retain...

New York, NY - May 20, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg, Governor David A. Paterson and Speaker Christine C. Quinn today announced comprehensive strategies to encourage the opening of new grocery stores and help existing operators upgrade stores in neighborhoods that need more healthy food stores. Mayor Bloomberg and Speaker Quinn introduced the Food Retail Expansion to Support Health (FRESH) program, a new initiative that provides zoning and financial incentives to property owners, developers and grocery store operators in areas of New York City currently underserved by grocery stores.

Coney Island Development Corporation Announces Winners of 2009 Coney Island Student Art Competition

New York, NY - May 19, 2009 - (RealEstateRama) — The Coney Island Development Corporation (CIDC) today announced the winners of the 2009 Coney Island Student Art Competition. The competition titled “My Vision of the Future of Coney Island,” was an opportunity for Coney Island students to express their artistic creativity and create a vision of what they believe the Coney Island of tomorrow should look like. The 2009 Student Art Competition was open to students residing in Coney Island, Brooklyn, in grades one through eight.

Governor Paterson Announces Economic Development Deal To Bring Yahoo! To Western New York

Albany, NY - May 19, 2009 - (RealEstateRama) — Governor David A. Paterson today announced that the New York Power Authority (NYPA) has approved a proposal designed to bring Yahoo! Inc., the world’s largest global online network of integrated internet services, to Western New York.

Mayor Bloomberg and Extell Development Company Announce First Phase of Construction of International Gem...

New York, NY - May 19, 2009 - (RealEstateRama) — Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber and Extell Development Company President Gary Barnett today announced the first phase of construction of the International Gem Tower, a state-of-the-art facility for domestic and international gem and jewelry wholesalers, retailers, manufacturers and designers.

Suffolk will Partner with New York in Protecting 58-Acre DeLalio Sod Farm in Eastport

Hauppauge , NY - May 19, 2009 - (RealEstateRama) — Suffolk Executive Steve Levy announced today that the county has received a $1.7 million grant from the New York State Agricultural and Farmland Protection Program which will be used to help purchase the development rights to 52 acres of the DeLalio Sod Farm in Eastport.

Statement of Mayor Bloomberg On Start to Public Approval Process for Redevelopment of Kingsbridge...

New York, NY - May 18, 2009 - (RealEstateRama) — “The Kingsbridge Armory is one of the City’s historical treasures, but it has been long-underutilized. After years of hard work and community involvement, we are now moving forward with a plan to bring the Armory back to life – and bring new jobs and shopping opportunities to Bronx residents.

Turner Selected to Manage Construction of $83 Million New Settlement Community Campus for New...

New York, N.Y., - May 14, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s largest builder of green buildings and education facilities, has been selected by the New York School Construction Authority (SCA) to manage construction for the $83 million new settlement community campus for students in grades 1-12 in the Bronx, New York. The campus is scheduled for completion in 2012.

Suozzi Announces New “Smart” Development Requirements

Mineola, NY - May 11, 2009 - (RealEstateRama) — Nassau County Executive Tom Suozzi has signed into law new smart-growth requirements for subdivision developments in the County.

Mount Hope Housing Company Announces Grand Opening of Affordable Housing Development Incorporating Green Building...

New York, NY - May 7, 2009 - (RealEstateRama) — Mount Hope Housing Company, a nonprofit community development organization and provider of social services in the Mount Hope section of the Bronx, along with the NYC Department of Housing Preservation and Development (HPD), the NYC Housing Development Corporation (HDC) and Enterprise Community Partners, Inc. announced today the grand opening of the New Hope Walton Project, a 63-unit environmentally friendly, affordable housing development for low-income residents.

SCHUMER ANNOUNCES: PRESIDENT OBAMA’S BUDGET PROPOSES NEW FUNDING FOR REDEVELOPMENT OF VACANT HOMES IN...

Washington D.C. - May 7, 2009 - (RealEstateRama) — U.S. Senator Charles E. Schumer today announced that in the budget released today, President Obama has included substantial new funding that can be used to fight the housing blight that plagues communities across Upstate New York. In his budget request released today, the President created a $1 billion Housing Trust Fund and fully funds Community Development Block Grants with $4.45 billion.

State of New York Mortgage Agency Approves Commitment to Insure $14.25 Million Mortgage for...

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The board of the State of New York Mortgage Agency (SONYMA) today approved a commitment to insure a $14.25 million mortgage for a 132-unit rental housing development in the Town of Halfmoon, Saratoga County.

NYCEDC And UMEZ Announce Program to Assist 125th Street Businesses

New York, NY - May 6, 2009 - (RealEstateRama) — New York City Economic Development Corporation (NYCEDC) and the Upper Manhattan Empowerment Zone (UMEZ) announce the Harlem Business Assistance Fund, a grant program intended to offset some expenses small businesses may incur in relocating to 125th Street and its vicinity. The program is funded by New York City Industrial Development Agency and will be administered by UMEZ on behalf of the City.