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New Destiny Housing

Building Affordable Housing for Families in the Bronx

New Destiny Housing Corporation, a non-profit developer of affordable housing for families, has started construction on its newest mixed income housing project – The Jennings, located on Jennings Street in the Crotona Park East section of the Bronx. The Jennings will be an eight-story building with 42 apartments affordable for low-income households from the community with 23 apartments reserved for families coming from New York City domestic violence shelters. Project completion is expected in spring 2019.

NYS Tax Department Highlights Additional Free Tax Assistance in The Bronx

High numbers of Bronx taxpayers are paying tax preparers rather than using free options.

BOEDC announce nearly $500,000 in small business loans

Bronx-based small businesses and local entrepreneurs will receive a boost of nearly a half million dollars, State Senator Jeff Klein (D-Bronx/Westchester), Bronx Borough President Ruben Diaz Jr. and Bronx Overall Economic Development Corporation (BOEDC) President Marlene Cintron announced today.
The Bronx Revolving Loan Fund, a new small business lending program administered by BOEDC, has nearly $500,000 in loans available to local small businesses -- of all sizes and sectors -- across The Bronx.

Empire State Development Announces Plans for Construction of New 33-Acre Office, Academic, and Medical...

February 19, 2015 – (RealEstateRama) — Empire State Development (ESD) today announced plans for the construction of a new 33-acre office, academic, and medical center in the Bronx that is expected to generate thousands of high-paying new permanent jobs and $400 million in construction spending near the new planned Metro-North Station in Morris Park. Simone Development Companies will develop the project, which will provide up to 1.9 million square feet of mixed-use space on the soon-to-be vacated state-owned property located at 1500 Waters Place.

The General Colin L. Powell Apartments, The First Newly Built Multifamily Co-op In Bronx...

Bronx, NY - September 9, 2010 - (RealEstateRama) -- General Colin L. Powell visited his childhood neighborhood in the South Bronx today to welcome families to their new affordable co-op homes in a building named in his honor.

NYCEDC Seeks Developer For The Hub at 149th Street in The Bronx

New York, NY - June 24, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the purchase and development of two adjacent parcels of land within the Bronxchester Urban Renewal Area of the Mott Haven neighborhood in the Bronx.

NYCEDC Seeks Developer for Bathgate Site in the Bronx

New York NY - June 2, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the purchase and development of an approximately 109,000-square-foot vacant industrial property located in the Bathgate section of the Bronx.

Mayor Bloomberg and New York City Housing Authority Chairman Rhea Rename Bronx Development in...

New York, NY - June 4, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg and New York City Housing Authority (NYCHA) Chairman John B....

“nyhomes” Chairman, Staff Help Habitat for Humanity – New York City Build Affordable Homes...

BRONX, NY - May 27, 2010 - (RealEstateRama) -- Staff members of "nyhomes," New York State's affordable housing lender, are rolling up their sleeves today and helping Habitat for Humanity - New York City build the Prospect-Macy Co-op Apartments in the Longwood section of the South Bronx.

Green Building Tour of Gen. Colin Powell Apartments

New York, NY - April 2, 2010 - (RealEstateRama) -- On Saturday April 24th, join GreenHomeNYC on a tour of the Gen. Colin Powell Apartments, a new green affordable residential coop building in The Bronx.

New York City Industrial Development Agency Approves Incentives for First Two Supermarkets Under the...

New York, NY - February 9, 2010 - (RealEstateRama) -- New York City Industrial Development Agency (NYCIDA) today approved two tax incentive packages that will assist in the development of two new supermarkets in the Bronx.

Enterprise, Chase, United Fund Advisors invest $22.3 Million NMTC in Harrison Circle Building at...

COLUMBIA, Md. - January 19, 2010 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, and National Community Fund I, LLC, an affiliate of United Fund Advisors, LLC, recently closed on a $22.3 million New Markets Tax Credit (NMTC) transaction.

HDC’s Board Approves $43M in Taxable Multi-Family Mortgage Revenue Bonds & Cooperative Housing Mortgage...

NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The New York City Housing Development Corporation (HDC) Board of Directors voted today to approve $43 million in taxable Multi-Family Mortgage Revenue Bonds and Cooperative Housing Mortgage Revenue Bonds for the new construction of Via Verde Apartments and Via Verde Cooperative Apartments, located in the Bronx.

Goldman Sachs to Invest $61 Million in Affordable Housing

NEW YORK, NY - December 2, 2009 - (RealEstateRama) -- The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.

HPD Announces Development Teams To Build 770 Units Of New Mixed-Use Affordable Housing At...

New York, NY - November 19, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero announced today the selection of the developers who will construct mixed-use affordable housing on the last large city-owned tracts of land in the Melrose Commons North Urban Renewal Area (URA),

Schumer Announces Federal Grant Will Help Bronx Veterans Group Add 145 Beds For Homeless...

Washington D.C. - November 17, 2009 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the U.S. Department of Veterans Affairs (VA) has awarded Enphront Veteran Services $347,215 to add 145 beds for homeless veterans in the Bronx.

TCAP Funds Will Jumpstart Construction Or Rehabilitation Of Affordable Housing In The Bronx, Brooklyn,...

New York, NY - November 6, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero today announced the recipients of the agency’s second round of funding from the American Recovery and Reinvestment Act’s Tax Credit Assistance Program (TCAP).

Homeownership Opportunities Come to the East Concourse Section of the Bronx

NEW YORK, NY - October 30, 2009 - (RealEstateRama) -- Today NYC Development Corporation (HDC) President Marc Jahr, Bronx Borough President Ruben Diaz, Jr. and Vincent Riso from the Briarwood Organization were joined by Daniel Martin from the Housing Partnership Development Corporation, Marian Zucker, Executive Vice President of the New York State Affordable Housing Corporation Fund (AHC) to celebrate the grand opening of The Solara, also known as Grant Avenue Co-op Apartments.

Bronx Pro Real Estate Management Celebrated Opening of 1085 Washington Avenue Apartments Providing Green...

New York, NY - September 29, 2009 - (RealEstateRama) -- Bronx Pro Real Estate Management today celebrated the opening of 1085 Washington Avenue Apartments, a new 90-unit affordable housing development that features numerous elements that help the building and its residents contribute to a greener, more sustainable New York City.

FORMER BRONX PUBLIC HOUSING TENANTS CELEBRATE HOMEOWNERSHIP

Low-income residents purchase and move into affordable renovated co-op units and thank NYCHA and other supporters for enabling the conversion. Bronx, N.Y. - September 11, 2009 - (RealEstateRama) -- Hundreds of former public housing residents in the Bronx welcomed the unlikely dream of affordable homeownership in once publicly-owned buildings and residents in Mott Haven hosted a family day celebration in honor of those who helped them realize the dream Saturday, September 12, at 12:30 p.m

HDC, HPD & Jackson Development Celebrate a Milestone: The First Development in the Nation...

NEW YORK, NY - August 4, 2009 - (RealEstateRama) -- Deputy Mayor Robert Lieber, joined by New York City Housing Development Corporation (HDC) President Marc Jahr, New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Neil Weissman of the Jackson Development Group celebrated the groundbreaking of St. Ann’s Terrace, a 600 unit mixed-income development in the Melrose section of the Bronx and the first in the nation to use recycled bonds.

Thompson Finds Horrid Conditions At Shelters For Homeless Families

New York, NY - August 1, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. today expressed his outrage over unsafe conditions at seven buildings that house homeless families - Aladdin Hotel in Manhattan and six Pilgrim Icahn cluster site buildings in the Bronx.

Turner Selected by New York City Economic Development Corporation to Manage the Demolition of...

New York, NY - July 16, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s leading general builder, has been selected by New York City Economic Development Corporation (NYCEDC) in cooperation with the New York City Department of Parks & Recreation to manage the demolition of the original Yankee Stadium and construction of Heritage Field, a 10-acre public recreational facility to be built at the site of the original stadium in the Bronx, N.Y. Demolition of the original stadium is underway to make way for construction of Heritage Field scheduled for completion by Fall 2011.

Deputy Mayor Lieber and NYCEDC President Pinsky Announce Opening of New Mount Hope Community...

New York, NY - June 25, 2009 - (RealEstateRama) - Deputy Mayor for Economic Development Robert C. Lieber and New York Economic Development Corporation President Seth W. Pinsky (NYCEDC) today announced the grand opening of the first phase of the Mount Hope Community Center located at 55 Townsend Avenue in the Bronx.

Community Access and Alembic Development Company Break Ground on a $37 Million, 105 Unit...

New York, NY - June 24, 2009 - (RealEstateRama) - Commissioner Deborah VanAmerongen of the NYS Division of Housing and Community Renewal (DHCR), Priscilla Almodovar, President and Chief Executive Officer of NYS Housing Finance Agency (HFA), Michael Newman, Director, Bureau of Housing Development, OMH, Gloribel M. Cruz, Vice President, Affordable Housing Finance, HSBC Bank USA, N.A., Bill Traylor, President, Richman Housing Resources, LLC and Diane Louard-Michel, Director, NY Program, Corporation for Supportive Housing (CSH), joined Community Access and its partner, Alembic Development Company to break ground on a $37 million project that will create 105 units of affordable housing on Cedar Avenue, in the Morris Heights section of the Bronx.

Popular Government & Nonprofit Press Releases

Reps. Katko, Brindisi to Amazon CEO: Upstate New York is Open...

Following news yesterday that Amazon has abandoned its plans to open its HQ2 headquarters in New York City, U.S. Reps. John Katko (NY-24) and Anthony Brindisi (NY-22

Recent Government & Nonprofit Press Releases

Reps. Katko, Brindisi to Amazon CEO: Upstate New York is Open...

Following news yesterday that Amazon has abandoned its plans to open its HQ2 headquarters in New York City, U.S. Reps. John Katko (NY-24) and Anthony Brindisi (NY-22