All of the affordable units in this lottery are studios.
A second lottery has opened at the massive Prospect Plaza site in Ocean Hill, which will have security cameras, an on-site super, and parking (for an extra fee).
The NYC Department of Housing Preservation and Development is now accepting applications for the Norman Towers, an affordable mixed-use and mixed-income development located in downtown Jamaica. The development consists of two nine-story towers fronting 160th and 161st Streets between Jamaica Avenue and 90th Avenue. There will be 5,311-square-feet of commercial space and 4,525-square-feet of retail space. The city issued applications for 100 rental units — studios, one bedrooms and two bedrooms. Monthly rents range from $500 for a studio to $1,700 for a two bedroom; annual income restrictions range from $19,406 to $134,240. The full income guidelines are outlined here [PDF]. Applications are due by March 24th, 2014, and you can apply to live in this development through the city’s Housing Connect website.
The HPD took a look back on Bloomberg’s New Housing Market Place Initiative, which set a goal of financing 165,000 units of affordable housing by July 2014. Since 2003, the city financed almost 160,000 units of affordable housing throughout the five boroughs. Queens, in particular, saw 16,530 units either preserved or built. Between city subsidies and other funding, $2.2 billion was invested in affordable housing development in the borough. The report highlights Hunter’s Point South, the largest mixed-use, mixed-income project taken on by Bloomberg, as well as the Arverne by the Sea development in the Rockaways, which is soon getting a YMCA. The HPD also provided a number of low-cost loans to preserve affordable housing, especially in the Rockaways — one case is the massive transformation of Ocean Village.
The NYC Department of Housing Preservation & Development has teamed up with the Ridgewood Property Owners and Civic Association to host a homeowners forum next week. According to the HPD, “This is an opportunity for residential property owners to get information on such issues as green financing, water & energy conservation, recycling, weatherization, utility incentives and much more.” They’ll focus on homes in Ridgewood, Glendale, Middle Village, Maspeth, and Liberty Park. The forum will be held next Thursday, September 12th at I.S. 93, 66-56 Forest Avenue. All the details over at the Facebook event page.