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NYC Department of Housing Preservation & Development
Press Room

Monday, October 22, 2007
CITY AWARDS TAX CREDITS FOR CONSTRUCTION OR REHABILITATION OF 800 AFFORDABLE RENTAL APARTMENTS
The New York City Department of Housing Preservation and Development (HPD) has awarded a total of $11.4 million in federal Low Income Housing Tax Credits for fifty nine developments under the competitive funding round for 2007. These credits will help build or rehabilitate 949 apartments -- of which 828 will be affordable for low-income families – in Manhattan, the Bronx and Brooklyn. This builds on the $12.47 million HPD allocated in 2006 for the production of low-income housing to produce over 1,000 affordable rental apartments. The units will contribute to Mayor Bloomberg's $7.5 billion New Housing Marketplace Plan to fund the construction and rehabilitation of 165,000 affordable apartments and homes over ten years, the largest municipal affordable housing plan in the nation’s history. As of October 2007, more than 65,000 units of affordable housing have been financed under the Plan.
PRESS RELEASE # 35-07




Monday, October 1, 2007
2007/2008 "HEAT SEASON" BEGINS: HPD ENFORCES LAWS REQUIRING BUILDING OWNERS TO PROVIDE HEAT
New York City Department of Housing Preservation and Development (HPD) Commissioner Shaun Donovan today reminded residential building owners of their legal obligation to provide tenants with hot water year-round and 24-hour heat when the outdoor temperature warrants it
PRESS RELEASE # 34-07




Friday, September 28, 2007
CPC RESOURCES AND EAST BROOKLYN CONGREGATIONS OPEN 48 AFFORDABLE RENTAL APARTMENTS IN BROOKLYN
City officials and community-based developers announced the completion today of six 4½-story apartment buildings that have been constructed on Malta Street and Alabama Avenue in East New York.
PRESS RELEASE # 33-07




Thursday, September 27, 2007
Former HUD Secretaries Cisneros, Kemp Discuss Solving Nation’s Homeownership Challenges with New York City Housing Commissioner Shaun Donovan
Former U.S. Department of Housing and Urban Development Secretaries Henry Cisneros and Jack Kemp called for new strategies for urban housing at a briefing held at the New York City Department of Housing Preservation and Development.
PRESS RELEASE # 32-07




Thursday, September 27, 2007
CITY ANNOUNCES DEVELOPMENT TEAMS TO BUILD AFFORDABLE HOUSING ON NYCHA PROPERTIES ON MANHATTAN’S WEST SIDE
New York City Department of Housing Preservation and Development (HPD) Commissioner Shaun Donovan and New York City Housing Authority (NYCHA) Chairman Tino Hernandez announced today the designation of teams to develop 400 units of affordable housing on NYCHA properties in West Chelsea and the Hudson Yards. Artimus Construction was announced as the lead developer of new affordable apartments at two sites within the NYCHA-owned Fulton Houses and Elliot-Chelsea Houses, and a joint venture composed of the Atlantic Development Group and the Metropolitan Council on Jewish Poverty was designated as the developer of new mixed-income apartments near NYCHA’s Harborview Terrace on the West Side of Manhattan. These sites will bring in an estimated $20 million in revenue to the Housing Authority, a critical component in preserving public housing in a time of diminishing Federal spending
PRESS RELEASE # 31-07




Monday, August 27, 2007
HOUSING PARTNERSHIP AND TNS/GREAT AMERICAN PRESENT THE KEYS TO THE FIRST LOW-INCOME HOMEBUYER AT THE MARCY NEW HOMES DEVELOPMENT
New York, August 22, 2007 – The Housing Partnership Development Corporation and TNS Development Group Ltd./Great American Construction Corporation hosted a key ceremony and ribbon cutting on Wednesday, August 22, 2007 at 11:00 AM for Eleazor Moreno, in front of his new home at 85 Vernon Avenue in Bedford Stuyvesant, Brooklyn. TNS Development Group Ltd./Great American Construction Corp. delivered a ceremonial key to Mr. Moreno on the steps of the house in the Marcy New Homes development that they built with the support of The Housing Partnership. In addition to TNS/Great American, this affordable housing development was made possible with assistance from numerous partners, including the New York City Department of Housing Preservation and Development (HPD), the New York State Affordable Housing Corporation (AHC), the Brooklyn Borough President, City Council District 36, the Bank of New York, Neighborhood Housing Services of Bedford Stuyvesant, and the Housing Partnership




Monday, August 20, 2007
Council, HPD Announce Funding for the Repair and Preservation of Affordable Housing
CITY HALL – Speaker Christine C. Quinn, together with Housing Preservation and Development (HPD) Commissioner Shaun Donovan, Housing and Buildings Chair Erik Martin-Dilan, Finance Chair David Weprin, housing advocates and tenants, announced that the Council has secured $14 million in HPD’s Fiscal 2008 Capital budget to repair and preserve Federal Department of Housing and Urban Development (HUD) subsidized affordable housing. This funding will assist in the rehabilitation of approximately 500 housing units throughout the City.




Wednesday, August 15, 2007
MAYOR BLOOMBERG AND GOVERNOR SPITZER OPEN FIRST GREEN AFFORDABLE HOUSING RESIDENTIAL DEVELOPMENT IN NEW YORK
Mayor Michael R. Bloomberg and Governor Eliot Spitzer announced the completion of Morrisania Homes, a 64-unit affordable housing development in the South Bronx comprised of 16 three- and 8 two-family houses. The development is the first affordable development in the State to qualify for LEED for Homes (LEED-H) designation from the U.S. Green Buildings Council. The Morrisania Homes are being developed by Blue Sea Development through HPD’s Partnership New Homes Program and financed through the New York State Affordable Housing Corporation. The two- and three-family homes are affordable to families of four earning approximately $42,000. The homes meet requirements for water efficiency, sustainable site planning, energy, materials and resources, indoor environmental quality, and design process. All of the homes’ indoor features are Energy Star certified, signifying that energy consumption is at least 30 percent less compared to standard features and include high-efficiency sealed combustion boilers, lighting fixtures, and recyclable carpeting.
PRESS RELEASE # 291




Tuesday, August 7, 2007
HPD ANNOUNCES THREE-QUARTERS OF UNITS UNDER MAYOR’S AFFORDABLE HOUSING PLAN SERVE LOW-INCOME FAMILIES
Department of Housing Preservation and Development (HPD) Commissioner Shaun Donovan today announced the results of an in-depth survey of the incomes of New Yorkers who moved into units financed by Mayor Michael R. Bloomberg’s historic New Housing Marketplace Plan in Fiscal Year (FY) 2006. The survey shows that in FY2006, 75% of HPD and the Housing Development Corporation’s (HDC) individual programs served low-income families, a larger share than is required by the program guidelines. The percentage of low-income households who moved into their homes slightly exceeded the affordability goals of the New Housing Marketplace Plan which pledges 68% of the units for low-income families and 32% for moderate- and middle-income New Yorkers. The study results, extrapolated to the first four years of the Housing Plan, show that overall, 76% of units have been rented or bought by low-income households, 9% by moderate-income households and 15% by middle-income households. The Mayor’s $7.5 billion plan pledges to finance 165,000 units of affordable housing by 2013, the largest municipal affordable housing plan in the nation’s history.
PRESS RELEASE # 30-07




Tuesday, July 17, 2007
CITY ANNOUNCES NEW MIXED-USE DEVELOPMENT AT PUBLIC PLACE, ON GOWANUS CANAL
Department of Housing Preservation and Development (HPD) Commissioner Shaun Donovan announced today the release of a Request for Proposals (RFP) to build a mixed-use development consisting of community, commercial, and residential spaces to be located along the Gowanus Canal in Brooklyn. Located on roughly 5.8 acres of land at 5th and Smith Streets, the development will create at least 400 units of mixed-income housing, at least half of which will be affordable to low-, moderate-, and middle-income families, as well as a significant component of housing set aside for low-income seniors. The project will also include commercial space as well as community facility space and will include large amounts of newly landscaped open space, particularly along the canal itself.
PRESS RELEASE # 29-07



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