City’s affordable housing effort enters new territory
The de Blasio Administration’s affordable housing campaign has moved into new territory with the launch of a $13.2 million property rehab in Harlem. For the
Tag : Affordable Housing
Despite challenges, affordable housing industry logs historic year
Mayor Bill de Blasio’s announcement this week that New York City financed or preserved more than 30,000 affordable homes in 2020 would be a noteworthy
Non-profits have critical role to play as affordable housing developers
By Niall J. Murray Real estate has long been considered New York City’s most fearsome industry. Billionaires battle other billionaires to see who can build
City building more diversity into affordable housing campaign
The city is looking to give minority and women businesses a bigger role in saying who gets the keys to new affordable homes by training
Camber JV tops out affordable Bronx development
Camber Property Group (CPG) and Westhab have topped out 913 East Tremont Avenue, a 100 percent affordable rental development in the West Farms section of
Belveron raises $280M, eyes more affordable housing acquistions
Affordable housing investor, Belveron Partners has closed its sixth fund at $280 million. The money will be targeted at acquiring upwards of 5,000 units of
Bosnian investors land $12M refi’ for Astoria rental
Arbor Realty Trust, a leading multifamily and commercial mortgage lender, has financed Fannie Mae loans in seven states across the U.S. The properties, made up
NYCHA trades trash compactor for 171 affordable apartments
Peter Magistro’s Bronx Pro Group has closed on the latest deal by the New York City Housing Authority to have private developers build affordable homes
Camber, PRC open affordable South Bronx property
Property Resources Corporation and Camber Property Group announced the official opening of the Tiffany Street Apartments, located at 975 Tiffany Street in the South Bronx.
Netflix gives $25M to ending racism in housing
Streaming behemoth Netflix is giving $25 million to a national effort to combat systemic racism in housing. Enterprise Community Partners, the non-profit founded by developer