Project Based Section News Today

Over the past year, Dantes Partners has taken on renovations as a part of the NYCHA Permanent Affordability Commitment Together (PACT) program. Estimated at

Gov. Kathy Hochul announced progress toward redeveloping the Commodore Perry Homes in Buffalos First Ward neighborhood into a 27-building, all-electric housing development with 405 affordable homes. After closing on financing, the project is set to begin its first phase of construction - the demolition of the existing, vacant, 24-building development - on Monday.

These policy proposals will simplify the affordable housing qualification process for all federal housing programs.

About 18.2 million occupied rental units in the United States, or more than 41%, are located in areas exposed to severe climate-related threats, according to a new study from Harvard. California has the most rental units at risk from severe climate-related threats, like hurricanes, wildfires, floods, earthquakes and more, followed by Florida. About 4.6 million […]

The redevelopment plan will tear down and rebuild all 2,056 NYCHA apartments at the aging Manhattan campuses, and construct an additional 3,450 mixed-income units there. The public has a chance to weigh in by writing or at three public meetings in February.

MINNEAPOLIS, MN - Frank Hogan of the Minneapolis office of Colliers Mortgage closed a $3.24 million HUD loan for the 223(f) refinance of Ewing Square Townhomes in Brooklyn Center, Minnesota. The 23-unit affordable property features three- and four-bedroom townhome units all covered by a Project-Based Section 8 HAP Contract. Project amenities include a playground and clubhouse/leasing office with a business center. The loan carries a 35-year term/amortization and was arranged for borrower,...

Two days after a devastating four-alarm fire an East New York public housing development, residents are piecing together what’s next in their lives and the

Preserving Affordable Housing: The Millennia Companies Unwavering ...

The team, which will have two attorneys and three paralegals, plans to provide legal support for public housing matters, including for tenants who have already converted—or are in the process of converting—to new funding models.

There are several key differences between PACT and Hope VI, the now-defunct federal program that facilitated demolition and displacement in Brooklyn decades ago. But, despite contemporary safeguards, advocates say they’ll be keeping a close eye as plans to raze and rebuild the Fulton and Elliott-Chelsea Houses move forward.