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

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

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.

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...

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.

 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

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

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.

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 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 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 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

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 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

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

The 2017 Sullivan County Real Estate Tax Foreclosure Auction will be held Wednesday, June 14 and Thursday, June 15 at the Ramada Rock Hill at 283 Rock Hill Drive in Rock Hill, NY. Sullivan County Treasurer Nancy Buck urges potential bidders – especially first-time bidders – to attend a Bidder’s Seminar on Monday, June 12 at 7 p.m. at the same location.

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.

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.

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.

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.

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.

City and State officials joined Hope Community Inc., Monadnock Development LLC, Notias Construction, Inc., Raymond James Tax Credit Funds, Wells Fargo Bank, tenants and partners to announce the construction kick-off for the Hope East of Fifth re-syndication of 506 affordable housing apartments – including 102 units for formerly homeless residents across 39 buildings in the East Harlem neighborhood of Manhattan

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 announce that the City Council voted to renew the Article XI tax exemption for Dreamyard NEP HDFC, a 301-unit affordable housing project in the University Heights and Morris Heights neighborhoods of the Bronx.  This is a major milestone as the City looks to finance the rehabilitation and extended affordability of these two year-15 tax credit properties owned by Bronx Pro Group

New York City Economic Development Corporation (NYCEDC) announced the first recipient to receive a low-interest loan through the Emerging Developer Loan Fund (EDLF). The project, 1193 Fulton Avenue Residence LLC, will be a nearly 21,000 square foot, 100% affordable, 25-unit residential building in the Morrisania section of the Bronx.

Governor Andrew M. Cuomo today announced $7 million in state funding to assist homeowners that have been impacted by flooding along Lake Ontario and the St. Lawrence River. The new investment program will provide up to $40,000 for homeowners to support interior and exterior repairs to structural damage caused by flooding, as well as the repair or replacement of permanent fixtures.