Income-restricted cooperatives comprise some 30,000 apartments in more than 1,300 formerly abandoned or distressed multi-family buildings. The city’s proposed regulations to stabilize this key affordable-housing stock have met with opposition—some…
The city has proposed new rules to protect the long-term affordability of Housing Development Fund Corporations (HDFCs), but some shareholders say the rules would rob them of well-deserved equity.
A year-long study found that confusion about the nature and length of the application process for affordable housing was a big problem for that system—though perhaps not as big as…
Responding to advocates who believe the trusts can ensure that today’s public investments deliver long-term affordability, HPD is seeking expressions of interest from non-profit groups.
Still fuzzy on the details of the policy that ties the mayor’s affordable housing plan to his ambitious rezoning efforts? It’s OK. You’ve nothing to be ashamed of. We’re here…
‘The city is going behind the backs of its most engaged residents to facilitate the construction of a small number of units for people who make much more than average…
City and state officials say they are doing all they can to preserve a critical affordable housing resource. Some tenants think more action is possible, like requiring coop boards to…
A federal court is considering whether federal law prohibits the city’s policy of setting aside 50 percent of apartments in new, subsidized buildings for local residents.
The key affordable-housing program faces privatization pressures, repair issues and controversies over shareholder elections—but tenants, the City Council and HPD disagree about who is in a position to solve them.
