City sets security deposit changes in motion
The New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) today issued a Request for
Tag : HDC
Works starts on Bronx Point as $350M finance package is sealed
A public-private partnership of L+M Development Partners, Type A Projects, BronxWorks and the City of New York has closed on a nearly $350 million finance
NYCHA bangs out another affordable housing deal with private developer
The New York City Housing Authority (NYCHA), New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation
Private developers secure $271M loan to fix public housing
A private development group has secured $271 million in funding to make repairs to 1,718 public housing units. The New York City Housing Authority announced
Tishman Speyer creates affordable housing platform
Tishman Speyer President and CEO Rob Speyer today announced the firm has hired Gary Rodney to help establish and manage a new affordable housing platform
Merchants makes $66M commitment to senior housing
Mortgage banking company Merchants Capital has structured $66 million in permanent financing for Goddard Riverside Community Center’s Phelps House, a 169-unit affordable housing complex for
$105M in loans to preserve affordable apts. in Manhattan and Queens
Greystone has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing at properties in Manhattan and in Queens.
Arker, Slate open affordable apartment development
A new 14-story affordable housing complex has opened in the Jamaica neighborhood of Queens. Located at 92-61 165th Street, Archer Avenue includes 89 units of
Foxy Management opens first property built under city’s new senior zoning regs
Developer Foxy Management has opened a new senior housing property at 1880 Boston Road in the West Farms neighborhood of the Bronx. The 168-unit development
Developer closes on first loan from NYC Acqusition Fund
Affordable housing builder Rockabill and Holocaust survivors non profit Selfhelp have landed the first loan issued under the New York City Acquisition Fund Made possible