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NYC launches ‘Fast Track’ program to speed affordable housing development, includes Brooklyn site

New York City launched a Fast Track program to cut affordable housing development timelines in half, selecting 784-800 Myrtle Avenue in Brooklyn as a pilot site.

NYC launches ‘Fast Track’ program to speed affordable housing development, includes Brooklyn site

New York City launched a Fast Track program to cut affordable housing development timelines in half, selecting 784-800 Myrtle Avenue in Brooklyn as a pilot site.

Mayor Zohran Kwame Mamdani launched the Neighborhood Builders Fast Track program Tuesday, cutting the timeline to select affordable housing developers by nearly half and targeting 784-800 Myrtle Avenue in Bed-Stuy as one of three initial sites.

The program will pre-qualify affordable housing developers and shorten the Request for Proposals process by eight months. Combined with the new…

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Filed underaffordable housing / Brooklyn / Fast Track program / HPD / myrtle avenue / NYC / Real Estate Development

Bushwick Daily News Desk. Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

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Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

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