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HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch. [3]
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
(The Center Square) — The New York City Council is poised to vote on a proposal aimed at expanding the availability of affordable housing in a city with some of the highest costs in the nation.
Under this law, the city of New York is able to sell buildings directly to tenant or community groups to provide low-income housing. Many HDFCs were created through a process of co-op conversion of a foreclosed, city-owned property. As of 2008, over 1,000 HDFC cooperatives have been developed in the city.
The firm formerly owned 140 New Montgomery known as the Pac Bell Building in San Francisco from 2007 until April 2016. [6] [7] It also formerly owned the SLS Las Vegas from October 2015 until April 2018. [8] In October 2019, Stockbridge Capital Group planned to raise up to $500 m (€453.5 m) for a new US real estate fund with value added. [9]
Under the City Charter's Uniform Land Use Review Procedure (ULURP), after the Department of City Planning certifies as complete an application respecting the use, development, or improvement of real property, affected community boards (along with borough boards) may hold public hearings and submit recommendations for consideration to the City Planning Commission before its decision.
Below is a list of cooperatives that are members of North American Students of Cooperation (NASCO).Members of NASCO are given services such as board and officer training, member training, networking opportunities as part of the connection to co-op movement, and assistance on special projects. [1]
New York Communities for Change (NYCC) is a 501(c)(4) nonprofit focused on "building power for low and moderate-income communities in New York State". [1] Issues described on the organization's website include affordable housing, worker and immigrant rights, improving public education, Wall Street accountability, and green energy.