Affordable Housing

Where are the Affordable Housing Options in the Hudson Valley?
The phrase “affordable housing” may seem like an oxymoron in the Hudson Valley, where second quarter median sales prices for

MHACY Holds Lottery for Yonkers Residents Seeking Sect. 8 Affordable Housing Vouchers
YONKERS–The Municipal Housing Authority for the City of Yonkers held a lottery on Aug. 2 for 3,000 Yonkers

Construction Starts on $189-Million Affordable Housing Project in the Bronx
NEW YORK—New York Gov. Kathy Hochul and New York City Mayor Eric Adams were among the dignitaries on hand

Yonkers Municipal Housing Authority Opens Affordable Housing Waiting List
YONKERS—For the first time in more than 10 years, The Municipal Housing Authority for the City of Yonkers will

Affordable Housing Project Opens at Former Juvenile Detention Center Site in Hunts Point
NEW YORK—New York City Mayor Eric Adams and other city officials were on hand yesterday to cut the ribbon

NYC Mayor Adams Outlines Vision for ‘City of Yes’ Plan
First Economic Hub to Be Established in the Bronx NEW YORK – New York City Mayor Eric Adams laid out a

President Biden Unveils New Housing Supply Action Plan Promising to Close Housing Supply Gap in Five Years
WASHINGTON—The initial reaction from the real estate industry to President Biden’s Housing Supply Action Plan that looks through

Westhab Closes on Construction Financing For Affordable Housing Project in Yonkers
YONKERS—Westhab, a Yonkers-based provider of affordable housing and social services, wrapped up 2021 by closing on construction financing for

State Awards $991 Million in Funding for Affordable Housing Projects
ALBANY—New York Gov. Kathy Hochul announced on Jan. 13 a total of $991 million in bonds and subsidies awarded

New York State Awards $145M for Affordable Housing Projects
ALBANY—Governor Kathy Hochul announced on Dec. 16 more than $145 million has been awarded to create or preserve 1,

$48 Million Supportive Housing Development in Bronx Completed
NEW YORK—New York Gov. Kathy Hochul announced on Nov. 3 the completion of a $47.9-million supportive and affordable

Biden’s ‘Build Back Better’ Framework Includes Historic Investment in Affordable Housing, Spares Real Estate from Onerous Taxes
WASHINGTON—The National Association of Realtors has released an analysis of the framework released by the Biden administration yesterday of