Applications are currently being accepted for 25 co-op units in a new four-story complex in Ocean Hill.
Using a new strategy called a community land trust, Habitat for Humanity is looking at ways to keep affordable housing permanently affordable in Brooklyn.
On October 20, New Yorkers from all boroughs will have the opportunity to see a preview of Habitat NYC's next project.
One of the country's most lauded housing charities spent millions of dollars to purchase Bed Stuy buildings where long-time, rent-regulated tenants were pushed out, alleges an investigation by ProPublica.
Habitat for Humanity is in the process of purchasing three adjoining buildings in Bedford Stuyvesant with funding from HUD’s Federal Neighborhood Stabilization Program and will turn the units in them into home ownership opportunities for low-income families. The prior owner of the buildings at 782-786 Madison Street had recently renovated two of them, and Habitat will renovate the third by summer. The properties, which are near the border of Bushwick, will cost Habitat $6 million. The buildings will have a total of 18 units, with 12 three-bedrooms and 6 two-bedrooms. They will go to families earning between 50 and 80 percent of the area median income, and to folks signed up for the organization’s sweat equity mission. GMAP
Habitat for Humanity sent the photo above showing how the organization’s under-construction, 12-unit project in Ocean Hill-Brownsville is shaping up. The condo, which will have two- and three-bedroom units, is targeted to families earning between 50 and 80 percent of the area median income.
St. John’s Residences [Habitat for Humanity] GMAP
Habitat Building More in Ocean Hill-Brownsville [Brownstoner]