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    North                       The Indian Eye

                              AMERICANNewsline

             14                                                                                                                  APRIL 03, 2026

                   Mamdani Administration Launches

                     New Program to Deliver Affordable

                  Housing on City-Owned Land Faster

            First Three Sites to Use New Fast Track Could Deliver As Many As 300 New Affordable Homes

            OUR BUREAU                                                                                            Development  (SPEED)  task  forces,
                                                                                                                  both of which will deliver recommen-
            NEW YORK, NY
                                                                                                                  dations this spring. The LIFT Task
                    ayor Zohran Kwame Mam-                                                                        Force is working to identify opportu-
                    dani,  Deputy  Mayor  Leila                                                                   nities for housing on City-owned sites,
            MBozorg and Housing Pres-                                                                             and the SPEED Task Force is working
            ervation and Development (HPD)                                                                        to reform the affordable housing pro-
            Commissioner Dina Levy announced                                                                      duction  process,  including  pre-  and
            on Thursday that the new Neighbor-                                                                    post-construction  approvals,  project
            hood Builders Fast Track, an expedit-                                                                 financing, and lease-up.
            ed process to speed the delivery of af-                                                                    “I look forward to working with
            fordable housing on City-owned land.                                                                  Mayor Mamdani on the Neighbor-
            With  Neighborhood  Builders,  HPD                                                                    hood Builders program to deliver
            will pre-qualify affordable housing                                                                   urgently needed affordable hous-
            builders and shorten the pre-devel-                                                                   ing,” said Council Member Chi Ossé.
            opment Request for Proposals (RFP)                                                                    “Since taking office, I have made one
            process by eight months for certain                                                                   priority clear: build more housing and
            projects  –  cutting  the  time  to  select   The Neighborhood Builders Fast Track advances the Mamdani administration’s    keep our neighbors here. The inclu-
            an affordable housing developer by   critical goals of creating affordable housing, especially on City-owned land, and speeding up   sion of 784-800 Myrtle Avenue in our
            nearly half. Together with the new                    the delivery of housing across the city         district is both an honor and a recogni-
            Expedited Land Use Review Proce-                                                                      tion of Bed-Stuy’s need for deeply af-
            dure (ELURP), which the Mamdani                                                                       fordable homes so longtime residents
            administration has moved quickly to   and Planning. “I’m also excited to be   es. Once development teams have   and low-income New Yorkers can
            implement following its approval by   advancing affordable housing projects   been  qualified,  the  faster  Neighbor-  continue to contribute to our shared
            voters in November, these programs   at 784 Myrtle Ave, 1337 Jerome Ave,  hood Builders process will be used at   Brooklyn heritage. I’m proud to have
            will cut the pre-development process   and 109-43 Farmers Blvd that will   sites such as 784-800 Myrtle Avenue   approved thousands of units — span-
            by more than two years.           help create more vibrant, affordable   in Brooklyn, 1337 Jerome Avenue in   ning  deeply  affordable,  middle-in-
                  “Our city is facing a historic   neighborhoods, including new home-  the Bronx and 109-43 Farmers Bou-  come, and supportive housing — that
            housing crisis -- the last thing we need   ownership opportunities.”    levard in Queens, which will together   meet the diverse needs of my constit-
            to do is tie ourselves in red tape,” said       “New  York  City  needs  more   deliver  as  many  as  300  new  afford-  uents. With Neighborhood Builders
            Mayor Mamdani. “The Neighbor-     affordable  housing,  built  faster  and   able  homes,  including  around  100   accelerating this work, we can move
            hood Builders Fast Track will speed   at lower cost — and HPD is not   affordable  homeownership  opportu-  faster to confront rising rents and pre-
            up housing development and make   waiting to deliver it,” said Dina Levy,  nities at the Bronx and Queens sites.  vent  displacement,  because  the  peo-
            it faster to build on city-owned land.   Housing  and  Preservation  Commis-  HPD expects to use the Neighbor-  ple who give this city its life deserve to
            This administration is willing to move   sioner. “The Neighborhood Builders   hood Builders Fast Track to advance   remain part of its future.”
            at the speed of need to make this a   Fast Track will reduce costs, speed up   development  of  as  many  as  1,000    “With the highest loss of black
            city New Yorkers can continue to call   timelines, and maximize affordability.  new homes over the next two years.    residents in the city, Mayor Mamdani
            home.”                            Public land is a public good — and     The Neighborhood Builders Fast   picked the perfect place to start - Bed
                  “New Yorkers deserve a gov-  we will not let city-owned sites sit idle   Track advances the Mamdani admin-  Stuy. Transforming vacant city-owned
            ernment  that  doesn’t  just  deliver   while New Yorkers struggle to find an   istration’s critical goals of creating   land to 100% affordable housing. This
            high-quality, affordable housing – but   affordable home.”          affordable housing, especially on City-  is what we have been calling for. This
            that  also  delivers  it  efficiently  and    HPD is releasing a Request for   owned land, and speeding up the deliv-  is hope. This is a downpayment of
            effectively. I am proud to launch the   Qualifications (RFQ) due May 8th for   ery of housing across the city. On the   what is to come - building thousands
            Neighborhood Builders Fast Track   affordable housing developers who   first day of the administration, Mayor   of affordable homes in Bed Stuy and
            alongside  the  HPD  team  who  are   will  pre-qualify  for  the  Neighbor-  Mamdani signed Executive Orders 4   Central Brooklyn so the people who
            working to deliver affordable housing   hood Builders program, with a focus   and 5, establishing the Land Invento-  live here can stay here. Moving from
            across the five boroughs,” said Leila   on  nonprofit  organizations  and  mi-  ry Fast Track (LIFT) and Streamlin-  words to action,” said Rev. Dr. Adol-
            Bozorg,  Deputy  Mayor  for  Housing   nority- and women-owned business-  ing Procedures to Expedite Equitable   Continued on next page... >>

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