Borough president announces funds for building, preserving homes

Posted: Updated:
EAST FLATBUSH -

Brooklyn Borough President Eric Adams announced Tuesday that millions of dollars will go toward building and preserving homes.

Adams says Brooklyn seniors who feel like they are being pushed out will benefit from his $8.7 million investment in affordable housing. The money will come from the borough president's capital budget and will benefit neighborhoods such as East New York, Brownsville and East Flatbush.

The funds will be divided between construction of new affordable apartments, including senior housing, and preserving rent-stabilized apartments. The borough president says those renters should see improvements in about a year since permits have to be approved.

Funding will also go to the New York City Housing Authority for renovations and repairs, and those tenants could see improvements in a matter of months.

One church says it will use its portion of the capital funds to build a new, 90-unit affordable housing development for seniors on New York Avenue in East Flatbush.

  • Brooklyn SlideshowsSlideshowsMore>>

  • Your 2018 Brooklyn Halloween Costumes

    Your 2018 Brooklyn Halloween Costumes

    Monday, October 22 2018 11:50 AM EDT2018-10-22 15:50:57 GMT

    Will you be spooky or scary? Or maybe playful or funny! Whatever your Halloween costumes are this year, News 12 wants to see them!

    Will you be spooky or scary? Or maybe playful or funny! Whatever your Halloween costumes are this year, News 12 wants to see them!

  • Your 2018 Brooklyn Fall Fun Photos

    Your 2018 Brooklyn Fall Fun Photos

    Wednesday, September 5 2018 1:52 PM EDT2018-09-05 17:52:33 GMT
    Whether you're out apple or pumpkin picking, at a farm or corn maze or just hanging around in your home or yard, News 12 Brooklyn want to see your Fall Fun pics!Whether you're out apple or pumpkin picking, at a farm or corn maze or just hanging around in your home or yard, News 12 Brooklyn want to see your Fall Fun pics!
    Whether you're out apple or pumpkin picking, at a farm or corn maze or just hanging around in your home or yard, News 12 Brooklyn want to see your Fall Fun pics!Whether you're out apple or pumpkin picking, at a farm or corn maze or just hanging around in your home or yard, News 12 Brooklyn want to see your Fall Fun pics!

    Is fall your favorite season? Are you and your family doing fun things this fall? Whether you're out apple or pumpkin picking, at a farm or corn maze or just hanging around in your home or yard, News 12 Brooklyn want to see your Fall Fun pics! Send them via Twitter or Instagram with the #BKFallFun and they might end up on air or on News12.com.

    Is fall your favorite season? Are you and your family doing fun things this fall? Whether you're out apple or pumpkin picking, at a farm or corn maze or just hanging around in your home or yard, News 12 Brooklyn want to see your Fall Fun pics! Send them via Twitter or Instagram with the #BKFallFun and they might end up on air or on News12.com.

  • Brooklyn Birthday Smiles

    Brooklyn Birthday Smiles

    It's a celebration! Is your or a loved one's birthday coming up? Let us know! Send us your photos and you could end up on air and News12.com!It's a celebration! Is your or a loved one's birthday coming up? Let us know! Send us your photos and you could end up on air and News12.com!

    It's a celebration! Is your or a loved one's birthday coming up? Let us know! Send us your photos and you could end up on air and News12.com!

    It's a celebration! Is your or a loved one's birthday coming up? Let us know! Send us your photos and you could end up on air and News12.com!

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."