affordable housing

affordable housing, East New York, housing lotteries

Rendering by Nightnurse Images, courtesy of Magnusson Architecture and Planning

Applications are now being accepted for 125 affordable units at Linden Terrace, an energy-efficient residential development in East New York. Located at 583 Emerald Street, the 156-unit building represents the third phase of the new affordable development. New Yorkers earning 30, 50, and 70 percent of the area median income, or between $16,938 annually for a single person and $115,850 for a household of seven, are eligible to apply for the units, which range from $419/month studios to $1,963/month three bedrooms.

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affordable housing, Policy

Image courtesy of Filip Mishevski on Flickr

The New York City Council on Thursday passed a set of bills that will help house more New Yorkers and free up shelter space for asylum seekers. The legislation ends a rule requiring unhoused people spend at least 90 days in shelter before qualifying for a rental assistance voucher, known as CityFHEPS, and expands the number of people eligible for the vouchers. Mayor Eric Adams, who may attempt to veto the bill, said the legislation will cost the city billions over the next five years.

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affordable housing, Policy

Image courtesy of Michael Appleton/Mayoral Photography Office on Flickr

Citing the arrival of thousands of migrants in the city, Mayor Eric Adams wants to suspend a decades-old rule guaranteeing shelter to anyone. Adams on Tuesday filed an application with a judge asking to alter the city’s right to shelter rule, which guarantees any homeless person looking for shelter access to temporary housing. The mayor is looking to rewrite the rule, which has been in place for 40 years, to allow the city to suspend the right for homeless adults when it “lacks the resources and capacity to establish and maintain sufficient shelter sites,” according to Gothamist.

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affordable housing, Downtown Brooklyn, housing lotteries

Photo courtesy of Evan Joseph

A housing lottery opened this week for 89 mixed-income units at a new residential development in Brooklyn. Located at 540 Fulton Street, The Paxton offers residents luxury rental units and modern amenities in the heart of Downtown Brooklyn. New Yorkers earning 80 and 130 percent of the area median income, or between $50,812 annually for a single person and $215,150 for a household of seven, can apply for the units, priced from $1,407/month studios to $3,600/month three bedrooms.

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affordable housing, Brooklyn, Flatbush, housing lotteries

Rendering courtesy of the NYC Department of Housing Preservation & Development

Applications are being accepted for 22 mixed-income units at a new residential development in Brooklyn. Located at 1457 Flatbush Avenue, the development offers residents spacious and modern apartments with an expansive amenity suite. New Yorkers earning 80 and 130 percent of the area median income, or between $57,429 for a single person and $156,130 for a household of three, can apply for the units, which range from $1,576/month studios to $3,126/month one-bedrooms.

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affordable housing, Policy

Image courtesy of Vlada Karpovich on Pexels

A new plan by the New York City Council aims to increase affordable housing production by setting development goals for each of the city’s 59 community districts. Speaker Adrienne Adams on Thursday unveiled her “Fair Housing Framework” legislation, a plan reminiscent of Gov. Kathy Hochul’s rejected proposal earlier this year that called for every locality in the state to meet home creation targets. Under Adams’ plan, “high-opportunity,” or wealthier, transit-rich neighborhoods in the city, would be required to produce more low-income affordable housing. According to the plan, the city’s housing agencies would be responsible for setting targets for each district, which would be reevaluated every five years, starting in 2025.

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affordable housing, Inwood, New Developments

Renderings courtesy of the New York Governor’s Office

A massive mixed-use development project will bring nearly 700 mixed-income housing units to Upper Manhattan. Gov. Kathy Hochul on Tuesday announced the two buildings, located at 405 and 407 West 206th Street in Inwood, will feature all-electric heating and cooling and other sustainable features to help the state reach its carbon reduction goals. The $416 million complex includes a mix of studio, one, two, and three-bedroom apartments, 281 of which will be reserved for residents earning at or below 80 percent of the area median income.

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affordable housing, Bronx, housing lotteries

Rendering courtesy Magnusson Architecture and Planning

A new 16-story tower at a public housing development in the Bronx launched a housing lottery for 106 senior apartments last week. Located within NYCHA’s Sotomayor Houses in Soundview, Casa Celina includes 205 units for low-income seniors, with 30 percent reserved for formerly homeless New Yorkers, community facilities, and amenities, including a rooftop terrace. Applicants must have at least one household member who is 62 years of age or older, qualifies for Section 8 benefits, and earns no more than $60,050 annually. Eligible New Yorkers will pay 30 percent of their income for the available studio and one-bedroom apartments.

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affordable housing, Brooklyn, housing lotteries, Prospect Heights

All images courtesy of TF Cornerstone

A housing lottery opened this week for 240 middle-income units at 595 Dean Street, the latest building to open at the Prospect Heights mega-development, Pacific Park. The two-tower, mixed-use project has 798 total rentals, 30 percent of which are designated below market rate, and is anchored by roughly 60,000 square feet of public open space. New Yorkers earning 130 percent of the area median income, or between $78,515 annually for a single person and $187,330 for a household of five, can apply for the apartments, which range from $2,290/month studios to $3,360/month two-bedrooms.

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affordable housing, Brooklyn, East New York, Policy, Transportation

Image courtesy of Caroline Willis/Mayoral Photography Office on Flickr

New York City is investing nearly $500 million to revitalize the area around one of Brooklyn’s busiest transit hubs. The overhaul of East New York’s Broadway Junction subway station includes accessibility upgrades, two new public plazas, and safety improvements as part of the city’s effort to make the hub a regional transit center, Mayor Eric Adams announced Tuesday. Work is expected to begin in 2027 and finish by 2030.

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