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<title>HPD - Press Room</title>
<link>http://www.nyc.gov/html/hpd</link>
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<language>en</language>
<copyright>Copyright 2013 City of New York</copyright>
<lastBuildDate>Thu, 16 May 2013 16:04:17 EST</lastBuildDate>

<item>
<title>HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT CAMBA GARDENS, A NEW SUPPORTIVE HOUSING DEVELOPMENT</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-05-16-13.shtml</link>
<description>New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest housing development in construction to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Developed by CAMBA Housing Ventures, Inc., CAMBA Gardens will add a total of 209 units of affordable supportive housing to the East Flatbush neighborhood of Brooklyn through the City&#x2019;s Supportive Housing Loan Program. In addition to providing housing for formerly homeless individuals and families residing in the building, the project will include 61 permanently affordable units reserved for low-income tenants. Ten percent of these 61 affordable units will be subject to the Sandy preference.</description>
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<pubDate>Thu, 16 May 2013 15:56:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA ANNOUNCES PROGRAM TO HELP REBUILD HOMES DESTROYED BY HURRICANE SANDY</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-05-13-13.shtml</link>
<description>NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced a Request for Qualifications (RFQ) seeking to identify qualified developers to participate in the rebuilding 1-4 unit homes in New York City that were destroyed or substantially damaged by Hurricane Sandy, as part of a program using federal Community Development Block Grant Disaster Recovery funding. The City&#x2019;s immediate response to Hurricane Sandy was one of the largest mobilizations of services in the City&#x2019;s history. Rebuilding the homes that were severely impacted by the hurricane, and returning stability to those households is an essential next step in the ongoing recovery process</description>
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<pubDate>Mon, 13 May 2013 10:13:00 EDT</pubDate>
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<title>HPD JOINS PROVIDENCE HOUSE AND PARTNERS TO CELEBRATE THE GRAND OPENING FOR THE D'ADDARIO RESIDENCE</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-05-10-13.shtml</link>
<description>Brooklyn, NY &#x2013; NYC Department of Housing Preservation and Development (HPD) joined Providence House, Inc., Alembic Community Development, Bedford-Stuyvesant residents, and homeless service providers today to celebrate the grand opening of The D&#x2019;Addario Residence, a $12.6 million development providing permanent service-enriched affordable housing for formerly incarcerated individuals and their families and low-income community residents. Also in attendance were NYS Assembly Member Annette Robinson, the Brooklyn Borough President&#x2019;s Office, The Richman Group, Capital One and partners.</description>
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<pubDate>Fri, 10 May 2013 14:30:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT 50 NORTH FIFTH STREET, A NEW DEVELOPMENT WITH AFFORDABLE HOUSING</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-05-07-13.shtml</link>
<description>Brooklyn, N.Y.&#x2014; New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Located near the Kent Avenue waterfront, 50 North 5th Street will add a total of 229 units to the Williamsburg neighborhood of Brooklyn, including 46 permanently affordable units created through the City&#x2019;s Inclusionary Housing program which will be reserved for low-income tenants. Twenty-five percent of the 46 affordable units will be subject to the Sandy preference. These units are subject to a lottery managed by the developer and overseen by HPD.</description>
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<pubDate>Tue, 07 May 2013 15:07:00 EDT</pubDate>
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<title>HCR, HPD, HDC, THE HUDSON COMPANIES AND CAMBA HOUSING VENTURES CELEBRATE GROUNDBREAKING OF PHASE II OF NEW GREEN AFFORDABLE HOUSING DEVELOPMENT IN THE SPRING CREEK SECTION OF BROOKLYN</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-05-02-13.shtml</link>
<description>Brooklyn, NY &#xAC;&#x2014; The NYC Department of Housing Preservation and Development (HPD), New York State Homes and Community Renewal (HCR), NYC Housing Development Corporation (HDC), joined The Hudson Companies, and CAMBA/CAMBA Housing Ventures today to celebrate the groundbreaking of the next phase of the energy- efficient, mixed-use, affordable housing Gateway Elton Street development in the Spring Creek section of Brooklyn. The new buildings will be located at 516 and 524 Vandalia Avenue, and 526 Schroeders Avenue. The three buildings totaling 175 affordable rental units comprise the second phase of the three phase development, will usurp Gateway Elton Street Phase I as having the largest solar energy system on a residential development in all of New York State. Combined with Gateway Elton Phase I, Hudson, Related and CAMBA will have installed in excess of 500,000 watts of renewable energy with the ultimate goal of 1 million watts at full completion. Gateway II will also be built to meet NYSERDA&#x2019;s energy-efficiency standards and is projected to qualify for a LEED for Homes Platinum rating. Also attending the ceremony were Brooklyn Borough President Marty Markowitz, NYC Councilman Charles Barron, NYS Assembly Member Inez Barron, NYSERDA&#x2019;s Project Manager for Multifamily Apartment Buildings, Dean Zias, and Housing Director - NYC Field Office of New York State Office of Mental Health, Caren Abate.
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<pubDate>Thu, 02 May 2013 15:45:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA ANNOUNCES SECOND PHASE OF MASSIVE HUNTER&#x2019;S POINT SOUTH AFFORDABLE HOUSING DEVELOPMENT ON QUEENS WATERFRONT</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-05-01-13.shtml</link>
<description>
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced the release of a Request for Proposals (RFP) for Phase II of the Hunter&#x2019;s Point South development area on the Queens waterfront. Phase II will encompass all of Parcel C, and will be a mixed-income development that may accommodate up to 1,000 new residential units, with approximately 50-60% designated as permanently affordable to working-class New Yorkers. The development will include retail space on 2nd street and Borden Avenue, and may also provide community facility space and residential parking on the site.
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<pubDate>Wed, 01 May 2013 15:32:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT HARLEM RIVER POINT NORTH, A NEW AFFORDABLE HOUSING DEVELOPMENT</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-04-29-13.shtml</link>
<description>New York, N.Y.&#x2014; New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced that the agency continues the instituted 25 percent preference for units in City-subsidized affordable housing developments for income-eligible New Yorkers displaced from their homes by Hurricane Sandy. The newest development to be subject to the preference is Harlem River Point North, a new affordable housing development now being marketed in the East Harlem section of Manhattan. All units are subject to a lottery managed by the developer and overseen by HPD and the City&#x2019;s Housing Development Corporation (HDC)</description>
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<pubDate>Mon, 29 Apr 2013 14:26:00 EDT</pubDate>
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<title> City and Partners Announce FAR ROC Design Competition To Explore Resilient and Sustainable Development In Waterfront Areas</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-04-16-13.shtml</link>
<description>April 16, 2013, New York &#x2013; The New York City Department of Housing Preservation and Development (HPD), the development team of L+M Development Partners, The Bluestone Organization, and Triangle Equities, along with the American Institute of Architects New York Chapter (AIA New York) and Enterprise Community Partners, Inc. (Enterprise) today launched the two-phase &#x201C;For a Resilient Rockaway&#x201D; (FAR ROC) design competition at the Center for Architecture in New York City. The FAR ROC competition seeks exciting and innovative ideas for developing the 80+ acre Arverne East site into a comprehensive new mixed-use, mixed-income, sustainable and storm-resilient community that will meet the new physical and regulatory challenges of waterfront development while maintaining the balance between innovation and affordability</description>
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<pubDate>Tue, 16 Apr 2013 13:28:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT ST. NICHOLAS PARK APARTMENTS, A NEW AFFORDABLE HOUSING DEVELOPMENT</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-04-04-13.shtml</link>
<description>New York, N.Y.&#x2014; New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest City-subsidized affordable housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Twenty-five percent of the units in St. Nicholas Park Apartments now being marketed in the Central Harlem section of Manhattan will be subject to the Sandy preference. All units are subject to a lottery managed by the developer and overseen by HPD.</description>
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<pubDate>Thu, 04 Apr 2013 14:27:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA ANNOUNCES NEW MIXED-USE AFFORDABLE HOUSING DEVELOPMENT COMING TO MELROSE/HUB SECTION OF THE BRONX</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-04-03-13.shtml</link>
<description>Bronx, NY - NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced the release of a Request for Proposals (RFP) for two parcels of land in the Melrose/HUB section of the Bronx. The City-owned sites bordered by Bergen Street, Brook Avenue and East 149th Street will be developed to create mixed-income housing along with new commercial and/or community facility space, and open space.  The site is one of the last large City-owned vacant lots in the South Bronx</description>
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<pubDate>Wed, 03 Apr 2013 14:43:00 EDT</pubDate>
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<title>HPD, WORKFORCE HOUSING, BANANA KELLY, MONADNOCK CONSTRUCTION CELEBRATE REHAB OF FIVE FORMERLY DISTRESSED BRONX BUILDINGS </title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-03-21B-13.shtml</link>
<description>Bronx, NY - New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, Workforce Housing Advisors (WFHA) principal John Crotty, Banana Kelly Community Improvement Association President Harry De Rienzo, and Monadnock Construction President Nicholas Lembo celebrated the completion of the rehabilitation of the five formerly troubled Kelly Street buildings in the South Bronx, restoring 81 apartments and keeping them affordable to the New Yorkers who call them home. The previous owner, after refinancing the properties and incurring an unsustainable level of debt, allowed them to slide into such a deplorable state that all five were placed in HPD&#x2019;s Alternative Enforcement Program (AEP), an initiative that annually targets the 200 most distressed buildings in the City for remediation. Subsequently, HPD commenced 7A proceedings in which it was successful in obtaining the appointment of Harry DeRienzo as the 7A administrator of the property. HPD, the development team, lenders and other partners were able to affect a change in ownership, and put in place a comprehensive rehab and financing plan that got the buildings back into good repair and into a stable financial situation for the long-term. </description>
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<pubDate>Thu, 21 Mar 2013 15:32:00 EDT</pubDate>
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<title>HPD COMMISSIONER WAMBUA CONTINUES PREFERENCE FOR DISPLACED SANDY VICTIMS AT EAST CLARKE PLACE COURT, A NEW AFFORDABLE HOUSING DEVELOPMENT</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-03-21-13.shtml</link>
<description>Bronx, N.Y.&#x2014; New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest City-subsidized affordable housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Twenty-five percent of the units in East Clarke Place Court now being marketed in the Highbridge section of the Bronx will be subject to the Sandy preference. All units are subject to a lottery managed by the developer and overseen by HPD and the City&#x2019;s Housing Development Corporation (HDC)

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<pubDate>Wed, 20 Mar 2013 12:30:00 EDT</pubDate>
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<title>WORKFORCE HOUSING ADVISORS, HPD, CPC, SPEAKER QUINN, UHAB AND NEW YORK COMMUNITY BANK ANNOUNCE BEGINNING OF GUT REHAB FOR TROUBLED SOUTH BRONX BUILDINGS</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-03-12-13.shtml</link>
<description>NYC Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, Council Speaker Christine C. Quinn, Workforce Housing Advisors (WFHA), Community Preservation Corporation (CPC) President/CEO Rafael E. Cestero, the Urban Homesteading Assistance Board (UHAB), and New York Community Bank announced the beginning of what will be a gut renovation of two multi-family residential buildings in the South Bronx. Located at 539-541 East 147th Street in Bronx Community Board 1, the previous ownership had allowed the buildings to fall into severe physical and financial distress, forcing the tenants to live in deplorable conditions. As part of a comprehensive effort, Workforce Housing was able to purchase the buildings from New York Community Bank through the innovative &#x201C;First Look&#x201D; initiative, and recently closed on a $4.7 million financing package with HPD and CPC that will allow the properties to be renovated and which will also ensure that they remain affordable to the current tenants.</description>
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<pubDate>Tue, 12 Mar 2013 16:58:00 EDT</pubDate>
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<item>
<title>HPD joins Harlem Congregations for Community Improvement and Partners to Celebrate the Opening of 208, 236, and 252 West 149th Street Buildings in Harlem</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-03-08-13.shtml</link>
<description>New York, NY &#x2013; Harlem Congregations for Community Improvement, Inc. (HCCI), NYC Department of Housing Preservation &amp; Development (HPD), and partners met today for the ceremonial opening of the 208, 236, and 252 West 149th Street buildings, a cluster of affordable rental buildings in Harlem. The ribbon cutting marks the end of an extensive rehabilitation of these three buildings which now provide 78 high-quality apartments for current and future families of Harlem. Also in attendance were U.S. Congressman Charles B. Rangel, NYS Assemblymen Herman &#x2018;Denny&#x2019; Farrell, Jr. and Keith L.T. Wright, NYS Senator Bill Perkins, NYC Councilwoman Inez E. Dickens and Community Board Chair Henrietta Lyle</description>
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<pubDate>Fri, 08 Mar 2013 14:41:00 EST</pubDate>
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<title>MAYOR BLOOMBERG JOINS PHIPPS HOUSES, RELATED COMPANIES AND MONADNOCK CONSTRUCTION TO BREAK GROUND ON FIRST TWO RESIDENTIAL BUILDINGS AT HUNTER&#x2019;S POINT SOUTH ON QUEENS WATERFRONT</title>
<link>http://www.nyc.gov/html/hpd/html/pr2013/pr-03-04-13.shtml</link>
<description>Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel, and Department of Housing Preservation and Development Commissioner Mathew M. Wambua were joined today by New York State Homes and Community Renewal Commissioner/CEO Darryl C. Towns, Phipps Houses Group President &amp; CEO Adam Weinstein, Related Companies President Bruce A. Beal, Jr., and Monadnock Construction President Nick Lembo to break ground on the first two residential buildings of the Hunter&#x2019;s Point South development on the Queens waterfront. When complete the multiphase Hunter&#x2019;s Point South project will be largest new affordable housing complex to be built in New York City since the 1970s. This first phase includes the first two residential buildings with 925 permanently affordable apartments and roughly 17,000 square feet of new retail space, key infrastructure installations, a new five-acre waterfront park, and a new 1,100-seat school. Mayor Bloomberg also announced that the City will issue a Request for Proposals for Phase II of the Hunter&#x2019;s Point South development next month. The City collaborated with New York State to help finance the residential buildings, which under the direction of Governor Andrew M. Cuomo, allocated $185 million of tax-exempt bonds for the project. HDC issued $236 million in tax exempt bonds, and HPD provided $68 million in subsidy. Hunter&#x2019;s Point South is the largest affordable housing development in the Bloomberg Administration&#x2019;s New Housing Marketplace Plan, a multibillion dollar initiative to finance 165,000 units of affordable housing for half a million New Yorkers by the close of the 2014 fiscal year. To date, the NHMP has funded the creation or preservation of more than 143,300 units of affordable housing across the five boroughs. For every dollar invested by the City, the Plan has leveraged $3.43 in additional funding for a total commitment of more than $21 billion.</description>
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<pubDate>Mon, 04 Mar 2013 16:10:00 EST</pubDate>
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