NYC Announces Plan to Create City-Funded Version of 421-A Rental Creation Subsidy
The brand-new City program aims to build new affordable and mixed-income homes using innovative funding solutions techniques.
The brand-new City program aims to build new affordable and mixed-income homes using innovative funding solutions techniques.
With all the developments in the NYC Construction industry this week we wanted to ensure that none of the major developments or changes were missed.
The Department of Buildings just announced that all non-essential construction project in accordance with State Executive Order 202.6 and the subsequent Empire State Development Corporation guidance, all non-essential construction is suspended for the duration of this state of emergency effective immediately.
DOB is moving the following operations over to the new procedures as well beginning Tuesday March 24, 2020...
The initiative on affordable housing is finally making progress. As part of the Mayor’s agenda, affordable housing has been recorded to be part of one fifth of de Blasio’s construction budget.
421-a is seeing a big change in its revived state.