Tag: Affordable housing

Op-Ed | Scoring a goal for affordable housing

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Apr. 16, 2024 By Mayor Eric Adams In November 2022, our administration announced a historic once-in-a-generation transformation of the Willets Points neighborhood in Queens. This neighborhood, which was once called the “Valley of Ashes” and known for its junkyards, is now being transformed into a vibrant neighborhood with 2,500 new all-affordable homes — the largest…
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Affordable housing lottery opens in the Rockaways, rent starts at $410

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Mar. 20, 2024 By Ethan Marshall A total of 155 affordable units are now up for grabs at a development in the Rockaways, with monthly rents ranging from $410-$2,035. The affordable units are part of an upcoming affordable housing development known as Rockaway Village Apartments, located at 1605 and 1607 Village Ln. The development will…
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Deal closed to add 230 affordable housing units to Hillside Avenue in Jamaica

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Mar. 4, 2024 By Ethan Marshall Approximately 230 units of affordable housing is slated to come to Hillside Avenue in Jamaica. Local Initiatives Support Corporation NY (LISC NY), a New York-based minority and women-owned enterprise, has partnered with MURAL Real Estate Partners, a privately owned real estate company, to develop the units. LISC NY announced…
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Affordable housing lottery opens in Douglaston, rent starts at $1,522 a month

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Jan. 24, 2024 By Ethan Marshall A total of 17 affordable housing units up for grabs in Douglaston, with monthly rents ranging from $1,522-$3,753. The units are part of a 5-story residential complex going up at 241-15 Northern Blvd. The development consists of 55 residences, with 38 of them at market rate. A lottery has…
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Affordable housing lottery opens in Rego Park, rents start at $2,100 a month

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Jan. 18, 2024 By Ethan Marshall Four affordable housing units are now up for grabs in a Rego Park development, with monthly rents ranging from $2,100-$2,500. The units are part of a 3-story mixed-use building at 63-16 102nd St. that consists of 11 residences, seven of which will be rented at market rate. A lottery was recently opened for the four affordable units by the city. Two are one-bedroom and two are two-bedroom. Each of the affordable units are for residents earning 130% of the area median income (AMI). For the one-bedroom units, the area median income ranges from $72,000-$165,230,…
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Affordable housing lottery opens in LIC, rents start at $3,835 a month

Jan. 9, 2024 By Ethan Marshall Seven affordable housing units—all 2-bedroom apartments—are up for grabs in a Long Island City development with monthly rents starting at $3,835. The units, located at 37-25 32nd St., are part of a 6-story, 15-unit development. The city has recently opened a lottery for the affordable units. The affordable units… Read more »

Affordable housing lottery opens in Astoria, rents start at $2,400 a month

Jan. 4, 2024 By Ethan Marshall A total of five affordable housing one-bedroom units in a five-story residential building are now available, with monthly rents starting at $2,400. Located at 21-27 30th Dr. in Astoria, the development features 14 units, with nine being market rate. A lottery is being held by the city for the… Read more »

Lottery opens for ‘affordable apartments’ in Kew Gardens, 1-bedrooms to rent for $3,140

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Dec. 21, 2023 By Christian Murray It’s pitched as an affordable apartment in Queens, yet the rent for a one-bedroom is $3,140 a month. NYC Housing Connect has opened a lottery for 16 “affordable apartments” inside a new 8-story, 51-unit development in Kew Gardens. The building, located at 81-07 Kew Gardens Rd., has been developed by FBL Development, and includes a range of amenities, such as a gym and a rooftop terrace. The units are designated for residents whose income falls within 130% of the area median income (AMI). The range accommodates potential tenants with incomes spanning from $107,658 to…
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