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Its mission is to expand affordable housing opportunities for low- and moderate-income New Yorkers. HCR consists of several state agencies and corporations: the New York State Division of Housing and Community Renewal (DHCR), the New York State Housing Finance Agency (HFA), the State of New York Mortgage Agency (SONYMA).
The State Housing Law of 1926 created the State Board of Housing. [5] [6] The law was reenacted in 1927 to create the Bureau of Housing. [7] Article XVIII on housing was added to the New York Constitution effective 1 January 1939. [8] The Division of Housing was continued in 1939 with the enactment of the Public Housing Law.
HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch. [3]
Housing being built in New York City Homeless person in New York City. The U.S. Department of Housing and Urban Development administers programs that provide housing and community development assistance in the United States. [4] Adequate housing is recognized as human right in the 1948 Universal Declaration of Human Rights and in the 1966 ...
It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[7] [8] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
Urban renewal (also called urban regeneration in the United Kingdom and urban redevelopment in the United States [1]) is a program of land redevelopment often used to address urban decay in cities. [2] Urban renewal involves the clearing out of blighted areas in inner cities in favour of new housing, businesses, and other developments.
The Harlem River Houses is a New York City Housing Authority public housing complex between 151st Street, 153rd Street, Macombs Place, and the Harlem River Drive in the Harlem neighborhood of Manhattan in New York City.
The Elliott-Chelsea Houses is a combined housing project of the New York City Housing Authority (NYCHA), located between West 25th and 27th Streets and Ninth and Tenth Avenues in the Chelsea neighborhood of Manhattan, New York City.