Affordable Housing Projects Advance in Yonkers, Oklahoma City
Affordable Housing Projects Advance in Yonkers, Oklahoma City

Affordable Housing Projects Advance in Yonkers, Oklahoma City

News summary

Cities such as Oakland and Yonkers are actively implementing programs to increase affordable housing through new construction, rehabilitation, and preservation of rental and ownership units for low- and moderate-income households. Oakland utilizes a competitive funding process with federal and local funds, including the HOME program and low-income housing tax credits, to support developers and maintain over 75 affordable housing projects. Residents seeking affordable housing in Oakland are encouraged to use regional portals and local resources, including Eden I&R and the Oakland Housing Authority, to access rental assistance and listings. In Yonkers, officials recently celebrated the groundbreaking of Willow at The Ridgeway, the final phase of a 15-year redevelopment project transforming a public housing complex into a 92-unit, all-electric affordable senior housing building. Meanwhile, Oklahoma City is seeing progress with Alley’s End, a 211-unit affordable housing development targeting residents earning 30-80% of the area median income, supported by multiple funding sources including federal tax credits and local bonds. These initiatives reflect a broad commitment across various cities to address affordable housing shortages through strategic funding, partnerships, and redevelopment efforts.

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