Viewing NYC Articles Categorized Under Affordable Housing

NYCEDC Explores What Amazon HQ2's Potential $13.5 Billion in Tax Revenue Can Pay for in New York City

2019-01-31T14:00:00-05:00

In case you have been in a coma for a few months, mega-corporation Amazon has selected New York City as one of the locations for its second headquarters, and it's causing a lot of waves. Many people think that the city provided too many tax breaks to the company. But, the New York City Economic Development Corporation says that the city has the potential to get $13.5 billion in tax revenue from the deal, producing this video to show off how we could use that money for good. Check it out.

This is the largest single effort to attract new jobs in New York State history. It is projected to deliver over $186 billion in economic impact to New York over the next 25 years, including over $14B in tax returns to the State and over $13.5B to the City.

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[WATCH] New York City Places Over 2,500 Homeless Veterans in Permanent Housing

2016-12-27T13:24:01-05:00

NYC has made effectively ending veteran homelessness in NYC a top priority. Samuel Rosado is one of 2,500+ homeless veterans who have been housed by the Administration and its partners since February 2015 – representing a 64 reduction in veteran homelessness.

Check out the City of New York's Veteran Site to learn more about what NYC is doing to give back to our veterans and to secure affordable housing for all New Yorkers.

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New York City Has Reduced Veteran Homelessness by 90% In Just Five Years

2016-11-14T12:15:43-05:00

Over the past five years, policies set forth by Mayor Bloomberg and Mayor de Blasio have reduced veteran homelessness by 90% in New York City, with 1,600 vets off the street in the past year alone.

On Veterans day we honor heroes like Andre Sylvain, a former Combat Engineer in the United States Army and one of the many veterans who New York City has helped find a home. In the last five years, NYC has reduced veteran homelessness by over 90% and, since last Veterans day, has placed over 1,600 homeless veterans into permanent affordable housing.

Check out the Mayor's Office to learn more about the City's effective plan to reduce veteran homelessness.

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Live in This $8 Million West Village Loft for Just $1 Rent

2016-10-06T11:37:53-04:00

Rupert Hunt, CEO of roommate finding app SpareRoom, is looking to fill a couple of empty bedrooms for just $1 (yes, ONE dollar) in his $8 million West Village loft.

Usually, the apartment hunting process is ruled by money, but Hunt doesn't want finances to be a barricade to meeting the right roommates and making new friends, especially in a neighborhood where a room typically costs $1,800. “I’m taking affordability out of the equation completely by offering the rooms for just $1 a month,” he said. “I’d rather choose people based on how well we get along, not how much they can afford."

Would you apply to live in the house?

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Interactive Map Shows All of the Current Affordable Housing Lotteries in New York City

2016-03-04T13:36:59-05:00

Navigating the City's Housing Connect Portal can be a challenge, especially if you are looking to find out whether or not that affordable housing project is in an area you want to be in. Luckily, real-estate blog 6sqft mapped out all of the current lotteries so you can see exactly where they all are.

The number of affordable rental units up for grabs through the city and state’s housing lotteries has been on the upswing. […] To stay on top of it all, 6sqft gathered all affordable housing buildings now accepting applicants and compiled them into one handy, interactive map.

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NYCHA Paying Public Housing Residents to Paint Massive Murals in Each Borough

2016-02-19T13:19:20-05:00

The New York City Housing Authority recently partnered with Brooklyn-based arts non-profit Groundswell to create several new murals in housing projects in all 5 boroughs, painted by the residents themselves, with full pay.

Starting in February, the walls of some of New York’s housing projects will look a little brighter. The City Council, spearheaded by Councilman Ritchie Torres, just earmarked $500,000 to install murals in public housing—and to pay residents to design and paint them. […] In a housing project in each of the five boroughs, residents between the ages of 16 and 24 will be paired up with local Groundswell artists to create murals that reflect the issues the people in their buildings are facing. They’ll install three murals in each building.

Check out the full article for more info.

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Takeaway Stats from the NYC Rent Guidelines Board's Housing Supply Report

2015-10-21T09:06:39-04:00

Data taken from the NYC Rent Guidelines Board's 2015 Housing Supply Report.

The citywide vacancy rate was 3.45% in 2014
Number of units citywide in accepted condo and coop plans:
- 1987: 45,098
- 2014: 9,573
More than 61% of NYC's rental housing stock units are in buildings constructed prior to 1947
A total of 1,513 buildings were demolished in 2014
- 17.7% increase over the prior year, following an increase of 14.6% in 2013
- Queens accounted for 36.7% of all the buildings demolished in 2014
New York City in 2014 had a total of 3,400,093 housing units
- Of the 2,184,297 occupied and vacant rental units, 38.9% were unregulated, or 'free market'
- The remaining units were rent regulated, including:
  - Pre-war (pre-47) rent stabilized (35.1%)
  - Post-war (post-46) rent stabilized (12.1%)
  - Rent control (1.2%)
  - Various other types of regulation programs (12.8%)
Permits for 20,483 new dwelling units were issued in New York City in 2014
- 13.8% increase over the prior year
- 5 consecutive years of increases
12.2% of all rental housing in New York City in 2014 was overcrowded.
- Defined as more than 1 person per room, on average
4.7% of all rental housing in New York City in 2014 was severely overcrowded
- Defined as an average of more than 1.5 persons per room
35,000 Airbnb rentals listed
- Up to 72% illegal rentals

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Mayor's Office Releases Short Animated Film About Tackling Homelessness in New York City

2015-09-23T15:17:58-04:00

The office of Mayor Bill de Blasio recently created this short animated video explaining what caused the increase of homelessness in recent years, and what the City is doing to reverse it.

Homelessness in New York City is a human crisis. Working to solve the root problems of affordability will help keep hard working families in their homes.

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MyNYCHA App Helps New York City Housing Authority Residents With Repairs

2015-09-22T12:58:35-04:00

As part of the City's NextGen NYCHA program, a new iOS and Android App is available to help residents in City Housing get service, repairs and information quicker than ever before.

The MyNYCHA mobile application […] will allow public housing residents to create, submit, schedule, view and update maintenance service requests, view alerts and outages related to their developments, view their scheduled inspections and maintain their contact information via their smartphones and tablets. MyNYCHA will empower residents to create service request 24/7 and reduce their need to call NYCHA’s Customer Contact Center.

Download the App for FREE on

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De Blasio Administration Helps Preserve Affordable Housing in the Navy Yard Development

2015-05-07T07:38:45-04:00

Housing New York is a ten year plan to build or preserve 200,000 units of affordable housing in New York City, brought to you by the de Blasio administration.

Affordable housing is part of the bedrock of what makes New York City work. It's what underpins the economically diverse neighborhoods New Yorkers want to live in. It's critical to providing financial stability for working families, helping them get ahead and build a better life.

In this video from the Mayor's Office, we see how the city invested 3.1 million into the Navy Yard Housing Development to address badly-needed repairs.

Our promise to create or preserve 200,000 units of affordable housing over 10 years isn't a story that's told in statistics and numbers. It's a story that's told in the positive effects it has on people's lives. Watch Sheryl's story to see what our housing plan has meant for the families living in the Navy Yard Development in Fort Greene, Brooklyn.

Visit the program page for more information about Housing New York and specific projects.

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