Goldman Sachs announces $61 MM investment in affordable housing
December 4, 2009 Posted by New York RealEstateRama
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.
Goldman Sachs to Invest $61 Million in Affordable Housing
December 3, 2009 Posted by New York RealEstateRama
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.
TCAP Funds Will Jumpstart Construction Or Rehabilitation Of Affordable Housing In The Bronx, Brooklyn, And Manhattan
November 9, 2009 Posted by New York RealEstateRama
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).
Rehab Completed on 20-unit Building in Harlem: Low Income Residents Prepare for Homeownership in coming weeks.
October 30, 2009 Posted by UHAB
NEW YORK, NY - October 30, 2009 - (RealEstateRama) — The Urban Homesteading Assistance Board (UHAB) announces the completion of rehabilitation and permanent financing of 20-units of affordable housing that will soon become a low-income cooperative.
Bronx Pro Real Estate Management Celebrated Opening of 1085 Washington Avenue Apartments Providing Green Homes for Low Income Residents
September 29, 2009 Posted by NYCHDC
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.
First Affordable Housing Development in Brooklyn with Solar Panels
September 24, 2009 Posted by NYCHDC
NEW YORK, NY - September 23, 2009 - (RealEstateRama) — 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 Alan Bell from Dumont Green LLC, celebrated the groundbreaking for a new eight-story 176 unit affordable apartment building at 1490 Dumont Avenue.
HPD Commissioner Cestero Headlines NYSAFAH Breakfast, Discusses Progress Of Mayor’s New Housing Marketplace Plan
September 15, 2009 Posted by New York RealEstateRama
New York, NY - September 10, 2009 - (RealEstateRama) — New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero delivered remarks this morning at The New York State Association for Affordable Housing (NYSAFAH) Networking Breakfast, regarding HPD’s progress on Mayor Bloomberg’s New Housing Marketplace Plan and the future course of the plan.
Commissioner joins Governor and Mayor Bloomberg to Announce Nation’s First Housing Project to Use TCAP Funds
August 26, 2009 Posted by DHCR
New York, NY- August 26, 2009 - (RealEstateRama) — Commissioner VanAmerongen recently joined Governor Paterson and NYC Mayor Michael Bloomberg to announce that New York City became the first City in the nation to begin construction of new affordable housing using funds from the Tax Credit Assistance Program (TCAP).
HPD Announces 12,500 Units Of Affordable Housing Financed In FY09
August 25, 2009 Posted by New York RealEstateRama
New York, NY - August 25, 2009 - (RealEstateRama) — New York City Housing Preservation and Development (HPD) Commissioner Raphael E. Cestero announced today that amid a nationwide economic downturn and an uncertain housing market, the City has financed more than 12,500 units of affordable housing for middle-class and low-income New Yorkers over the last fiscal year, which ended June 30, 2009.
Thompson Audit Questions Affordable Housing Program
August 6, 2009 Posted by Comptroller William C. Thompson
New York, NY - August 6, 2009 - (RealEstateRama) — New York City Comptroller William C. Thompson, Jr. today issued an audit finding that the city’s Department of Housing Preservation and Development (HPD)’s Cornerstone Program, which is supposed to provide affordable housing to qualified New Yorkers, has provided a relatively small percentage of the completed housing units to low-income families.
HDC, HPD & Jackson Development Celebrate a Milestone: The First Development in the Nation to Use Recycled Bonds
August 5, 2009 Posted by NYCHDC
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.
Governor Paterson Signs Legislation To Extend Affordable Housing Program In Brooklyn
July 29, 2009 Posted by Governor David A. Paterson
Albany, NY - July 29, 2009 - (RealEstateRama) — Governor David A. Paterson signed into law legislation that will extend affordable housing for another 30 years to the tenants of the 5,881-unit Starrett City housing complex in Brooklyn – the nation’s largest publicly assisted affordable housing complex.
HPD, HDC and Artimus Construction Unveil 125-Unit Mixed Income Housing Development in the Central Harlem - Susan’s Court, Comprised of 75 Affordable and 50 Market Rate Units, Named in Honor of the Late Susan Ponce de Leon
July 22, 2009 Posted by NYCHDC
Manhattan, NY - July 22, 2009 - (RealEstateRama) — New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael Cestero together with New York City Housing Development Corporation (HDC) President Marc Jahr, Artimus Construction Principal Robert Ezrapour and Citi National Director, North America Community Relations, Gina Doynow today announced the completion of Susan’s Court, a 125-unit mixed-income housing development in Central Harlem.
Mayor Bloomberg Announces Public Campaign to Help More New Yorkers Get Free Foreclosure Prevention Services
June 11, 2009 Posted by New York RealEstateRama
New York, NY - June 11, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg today announced a new public campaign to encourage more New Yorkers to get the free legal assistance, mortgage counseling and education services that are available through the Center for NYC Neighborhood network of providers. While the program has been effective for those who have taken advantage of it, many New Yorkers who have suffered foreclosure filings have not sought the free help. The campaign will urge New Yorkers to call 311 and will highlight the confidentiality of the services.
HDC Issues $9.2M for New Development in the Heart of Crotona Park
June 10, 2009 Posted by NYCHDC
NEW YORK, NY- June 10, 2009 - (RealEstateRama) – The New York City Housing Development Corporation (HDC), the New York City Department of Housing Preservation and Development (HPD) and Bronx Pro Real Estate Management completed financing for 850 Jennings Street, an eight-story affordable rental apartment building to be constructed in the Crotona Park East section of the Bronx.
