Increasing affordable housing in NYC

Prepare your down-payments, New York City, because Mayor Bill de Blasio has announced that his administration secured 24,293 affordable apartments and homes in Fiscal Year 2017, the highest overall production since 1989, according to the New York City website.

New study: Black homeownership falls to 42.2 percent

For the 12th consecutive year, America’s national homeownership rate has declined, according Harvard University’s Joint Center for Housing Studies (JCHS)’ annual report, “State of the Nation’s Housing 2017.” This year’s report also found these declines vary by race and ethnicity.

Brooklyn Community Board says no to city’s plan for armory

Brooklyn’s Community Board 9 voted unanimously with one abstention (35-0) against the city’s plan to turn a Crown Heights armory into a condo tower with office space and a recreation center.

Brownsville Houses receiving new appliances with help of Assemblywoman Latrice Walker

Assemblywoman Latrice Walker allocated more than 1 million dollars to Brownsville Houses for new appliances that will be arriving to residents starting June 1 with the last delivery scheduled for June 30.

Apartment hunting? Do these 4 things before signing a lease

Moving is stressful. And not just because of the cost.

NAACP, NYCHA tenants and workers battle city council’s apprenticeship requirement plan

The NAACP, NYCHA tenants and advocates gathered at City Hall Monday to speak out against a potential law requiring apprenticeships for construction workers. The bill (Intro. 1447), which currently has the support of the New York City Council, comes as ...

NYC Rent Guidelines Board votes to increase rent on 1, 2-year leases

The New York City Rent Guidelines Board voted 7-2 to increase rent 1.25 percent on one-year rent-stabilized leases and a 2 percent increase on two-year leases.

Home prices are sky high, but mortgages are still cheap

The median existing home price climbed to $252,800 in May, according to the National Association of Realtors, exceeding the peak hit in June 2016 of $247,600.

The struggle is real for Millennial homebuyers

It's going to be an intense house-hunting season -- especially for young buyers.

Wells Fargo commits $60 billion to increase Black homeownership

Wells Fargo & Company has set aside a staggering $60 billion to lend to at least 250,000 black homeowners by the year 2027.

New York among top worst states for first-time homebuyers

It's not easy being a first-time homebuyer these days.

De Blasio signs ‘right to counsel’ bill

New York City’s renters might have a fighting chance in housing court thanks to the mayor.

NYC to spend $1 billion to upgrade public housing roofs

Mayor Bill de Blasio is announcing a $1 billion commitment to fix leaky roofs in New York City’s public housing complexes.

Black families can bridge the wealth gap by owning a home

From predatory lending and foreclosures to wealth stripping and income inequality, the national wealth gap is relevant and ongoing.

Elected officials call for increased temperatures in residential buildings

On Monday, Council Member Jumaane D. Williams held a rally on the steps of City Hall calling for the Administration to move forward with Intro 0722, which amends the minimum temperature to be maintained in residential dwellings overnight.