Affordability

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Fusion East Expands Affordable Meals with Chick-All-Day

Fusion East is betting that affordability and variety can help keep customers engaged at a time when New Yorkers are watching their food budgets more closely. After finding an audience for its $7 Real Meal, the Brooklyn-based business is preparing to introduce Chick-All-Day in September, expanding its lower-cost offerings while continuing to experiment with new ways to reach customers.

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Alafia Brooklyn Secures $217.8M for Phase III Housing

Construction is set to move ahead on the next stage of the Alafia Brooklyn redevelopment after the development team finalized more than $217 million in financing. The third phase will add 273 affordable apartments, expand public green space with a one-acre park, and continue the project's focus on environmentally sustainable design as part of the larger plan to transform the former Brooklyn Developmental Center site into a mixed-use, wellness-centered community in East New York.

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The Orion Unveiled With Nearly 1,000 New Homes in Queens

A major redevelopment project is moving forward in Hunter's Point South, replacing an underused site with a new residential community that will combine affordable and market-rate housing with services designed for long-term neighborhood growth. Beyond creating nearly 1,000 apartments, the development will include childcare, job training, recreational facilities, and retail space, reflecting a broader effort to expand housing opportunities while adding resources that serve both residents and the surrounding community.

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Farah Louis Introduces SCRIE, DRIE Expansion

A new bill introduced by New York City Council Member Farah N. Louis would expand access to the City's SCRIE and DRIE rent freeze programs by increasing the household income eligibility limit to $75,000. The proposal aligns New York City with recently approved state legislation and is intended to help more seniors and New Yorkers with disabilities remain in their homes despite rising housing costs. Supporters say the measure would reduce displacement, strengthen housing stability, and provide financial relief to residents living on fixed or limited incomes while maintaining reimbursement protections for landlords.

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Homeownership 101 Workshop for First-Time Homebuyers

A free Homeownership 101 Workshop will be held on Saturday, July 25, in East New York to help first-time homebuyers better understand the homebuying process. Hosted by 60th Assembly District Leader Michael Rosendary in partnership with Heather-Sky McField and Mylah's Organization Inc., the workshop will cover mortgage basics, financial readiness, credit, financing options, and practical steps toward achieving homeownership in New York City.

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Nikki Lucas Introduces Bill for 10% Self-Checkout Discount

OFFICIAL PRESS RELEASE

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$255M River Commons to Deliver 328 Bronx Homes

A major redevelopment project is moving forward in the South Bronx that will combine affordable housing, expanded medical services and community amenities on the campus of NYC Health + Hospitals/Gotham Health, Morrisania. The development will create 328 affordable and supportive apartments, new health care facilities, public open space and neighborhood-serving community organizations, with completion expected in 2027.

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NYC Rent Board Approves Historic Rent Freeze

The Rent Guidelines Board's annual vote is one of the most closely watched housing decisions in New York City because it directly affects the rent that can be charged for millions of residents living in rent-stabilized apartments. Each year, the board reviews financial data on building operating costs, inflation, maintenance expenses, and tenants' economic conditions before determining whether rents should increase, decrease, or remain unchanged for lease renewals. This year's vote drew heightened attention following the election of Mayor Zohran Mamdani, who pledged during his campaign to pursue a rent freeze as part of a broader effort to address the city's affordability challenges.

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Housing Lottery Opens for 91 Brooklyn Apartments

Applications are now being accepted for 91 apartments at Botanic Heights, a newly constructed residential development in Crown Heights. Available through New York City's Affordable Housing Lottery program, the apartments include one- and two-bedroom units for eligible households. The application deadline is July 28, 2026.