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Are Private Partnerships the Best Way to Rebuild Public Housing?

Supporters of a highly debated initiative to tear down New York’s Fulton and Elliot-Chelsea Houses think so.

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BFC Partners Awarded $100+ Million NYCHA PACT Deal - the First of its Kind on Staten Island

/PRNewswire/ -- The New York City Housing Authority (NYCHA) today announced that over $100 million in capital repair needs will be addressed for more than...

West-brighton , New-york , United-states , Brooklyn , Staten-island , America , Lisa-bova-hiatt , Benathan-upshaw , Barbara-wagner , Catholic-charitie , Joseph-ferrara , Jessica-katz

NYCHA and Resident Leaders Select Beacon Communities, MBD Community Housing Corporation, and Kalel Holdings to Deliver $128.5M in Comprehensive Upgrades at Boston Secor, Boston Road Plaza, and Middletown Road

NYCHA and Resident Leaders Select Beacon Communities, MBD Community Housing Corporation, and Kalel Holdings to Deliver $128.5M in Comprehensive Upgrades at Boston Secor, Boston Road Plaza, and Middletown Road
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NYCHA and Partners Begin $137.6 Million PACT Modernization Project at Audubon Houses, Bethune Gardens, and Marshall Plaza in Upper Manhattan

NYCHA and Partners Begin $137.6 Million PACT Modernization Project at Audubon Houses, Bethune Gardens, and Marshall Plaza in Upper Manhattan
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NYCHA and HDC Finalize Deal to Begin $236 Million Renovation at Harlem River

Today, the New York City Housing Authority (NYCHA) and New York City Housing Development Corporation (HDC) closed on the financing of the latest Permanent Affordability Commitment Together (PACT) transaction to fund comprehensive renovations for 690 apartments (as well as the construction of three apartments) at Harlem River Houses and the...

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NYCHA and HDC finalize $1.4B deal for Brooklyn Residents

On Tuesday, the New York City Housing Authority (NYCHA) and New York City Housing Development Corporation (HDC) closed on the financing of three Permanent Affordability Commitment Together (PACT) transactions to fund comprehensive renovations for 5,226 apartments across six NYCHA campuses in Brooklyn: Williamsburg Houses, Linden Houses, Penn-Wortman Houses, Boulevard Houses,...

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NYCHA inks another private developer repair deal for 42 Harlem buildings

Genesis Companies and Lemor Development will take over management of the Frederick E. Samuel Apartments and complete major renovations

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NYCHA bangs out another affordable housing deal with private developer

The New York City Housing Authority (NYCHA), New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) announced today the closing of Twin Parks Terrace, a 182-units affordable housing development in the Bronx on NYCHA-owned land.
Construction is anticipated to start in January 2021.
Twin Parks Terrace is a new construction project which will consist of 181 affordable rental units and one superintendent unit on Webster Avenue between East 183rd Street and East 184th Street in the Fordham Heights section of the Bronx.
The project site is currently a parking lot adjacent to the Twin Parks West Houses development, which underwent a conversion in 2018 through NYCHA’s Permanent Affordability Commitment Together (PACT) program.

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