The affordable housing lottery has launched for Federation Nameoke Apartments, a nine-story residential building at 20-50 Nameoke Avenue in Far Rockaway, Queens. Designed by Urban Architectural Initiatives and developed by Federation Nameoke Housing Development, the structure yields 117 residences. Available on NYC Housing Connect are 45 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $35,040 to $91,500.
The Community Lending and Investment division of Wells Fargo has reached a new milestone, $780.3 million in construction financing for affordable housing projects in New York City and Westchester County. The figure represents five loans, all closed in June 2023, the company’s largest-ever half-cycle allocation.
Permits have been filed for an eight-story community facility and residential building with affordable housing at 18-26 Redfern Avenue in Far Rockaway, Queens. Located between Mott Avenue and Dix Avenue, the lot is near the Far Rockaway-Mott Avenue subway station, serviced by the A train. Camber Property Group is listed as the owner behind the applications.
The affordable housing lottery has launched for the third phase of Rockaway Village, a massive multi-building development that will bring 1,700 units of new affordable housing to Far Rockaway, Queens when fully complete. Developed by Phipps Houses and designed by Marvel, the lottery units are spread out across four buildings: three towers with modern elevator access and one building with 26 duplex units with interior staircases. Available on NYC Housing Connect are 282 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $16,252 to $140,080.
Permits have been filed for a three-story residential building at 22-78 Mott Avenue in Far Rockaway, Queens. Located between Gipson Street and McBride Street, the lot is near the Far Rockaway – Mott Avenue subway station, serviced by the A train. Oran Revivo under the 2278 Mott Avenue LLC is listed as the owner behind the applications.