Tag: Affordable 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.
Assembly Legislation Protects Affordable Housing
Assembly Speaker Carl Heastie and the Chair of the Committee on Aging Steven Cymbrowitz announced the passage of several measures to strengthen the Senior Citizen Rent Increase Exemption (SCRIE) and Disability Rent Increase Exemption (DRIE) programs that preserve affordable housing for senior citizens and persons with disabilities.
City Partners Celebrate Groundbreaking for Affordable Housing at Elliott Chelsea for Low to Moderate...
New York, NY - October 26, 2010 - (RealEstateRama) -- City Council Speaker Christine C. Quinn joined with leaders from City agencies Housing Development Corporation (HDC), Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA), as well as representatives from developer Artimus Construction and Citi Community Capital in celebrating the groundbreaking of Elliott Chelsea on West 25th Street and 9th Avenue in Manhattan. The 22-story new construction development will provide 168 units for low-to- middle-income families. The $65 million development is located on land provided by NYCHA and is part of a larger plan to develop more affordable housing on NYCHA properties in Chelsea. The sale of this site will bring in an estimated $4 million in revenue to the Housing Authority, a critical component in preserving public housing in a time of diminishing Federal spending
NEW YORK STATE COMMISSIONER OF HOUSING AND COMMUNITY RENEWAL TO JOIN NIXON PEABODY
Deborah VanAmerongen Brings Wide Range of Experience in Housing and Community Development. (New York, NY - January 4, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the addition of Deborah VanAmerongen to its Affordable Housing practice. Ms. VanAmerongen will join Nixon Peabody as a strategic policy adviser as of February 1, 2010. She will be resident in the New York City office. Ms. VanAmerongen will work closely with attorneys in the firm's Affordable Housing practice to provide advice to developers, owners and managers of affordable housing, as well as their financing partners, in the preservation and production of affordable housing nationwide.
