Affordable Housing


Housing Lottery Launches for 142 Richards Street in Red Hook, Brooklyn

The affordable housing lottery has launched for 142 Richards Street, a four-story residential building in Red Hook, Brooklyn. Designed by OCV Architects and developed by Cheever Development, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,115 to $167,570.

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Housing Lottery Launches for 1543 Jesup Avenue in Mount Eden, The Bronx

The affordable housing lottery has launched for 1543 Jesup Avenue, a five-story residential building in Mount Eden, The Bronx. Designed by ADB Associates and developed by Lefko Capital Group, the structure yields 21 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $59,143 to $167,570.

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Rendering of 51 South Broadway

Westchester IDA Approves Financial Incentives for Two Multi-Family Developments in Downtown White Plains

Westchester County’s Industrial Development Agency has approved two substantial multifamily rental properties in downtown White Plains. Referred to simply as the IDA, the agency works to facilitate diversification and urbanization of the county through the construction of vibrant mixed-use developments. Together these new properties will create 346 new apartments and represent $131 million in private investment.

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