Minority Developer News Today

Almost 100 community members gathered around Dover Street in Philadelphia’s Grays Ferry neighborhood Tuesday for the groundbreaking of Turn the Key’s new affordable housing complex.

Developments like these can help bring more Black and brown homeowners to the area, says one local developer.

Governor Andrew M. Cuomo today announced the new $25 million Legacy Cities initiative, a targeted effort to eradicate vacant properties in concentrated neighborhoods across Upstate New York and transform blighted structures into newly renovated, move-in ready homes. The renovated homes will help expand affordable homeownership opportunities for low- and moderate-income residents, specifically first-time buyers and households of color.   "By working to eliminate vacant properties in ci...