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How long does it take to lease an affordable housing project? Too long

Red tape keeping affordable units empty for 15 months

A year after the city overhauled its notorious application process for housing lotteries, a new study indicates the primary...

Red tape keeping affordable units empty for 15 months
Trust-fund kids exploit NY housing subsidy program

Trust-fund kids exploit NY housing subsidy program

The rich get slicker. Housing Development Fund Corporation cooperatives were designed with low-income homebuyers in mind. But the children...

Trust-fund kids exploit NY housing subsidy program
(Getty, iStock/Illustration by Alexis Manrodt for The Real Deal)

Last call for senior housing program

Developers have less than a month to submit plans under a senior housing program that the de Blasio administration is ending. The Department of Housing Preservation and Development announced that it will only accept...

Last call for senior housing program
Mayor Bill De Blasio and HPD Commissioner Louise Carroll (Getty; HPD; iStock)

De Blasio restores $466M to housing capital budget

The de Blasio administration has backtracked on its plans to cut $1 billion from the city’s affordable housing budget....

De Blasio restores $466M to housing capital budget

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