BED-STUY, BROOKLYN — The city has released a sweeping housing plan for Bed-Stuy after months of researching how to curb displacement in the neighborhood.
The Bedford-Stuyvesant Housing Plan, released Friday by the Department of Housing Preservation and Development, comes after months of research into how to make Bed-Stuy more affordable while protecting tenants and homeowners.
It comes as recent investment in the gentrifying neighborhood threatens to displace its long-time Black tenants and homeowners, who face aging buildings and disproportionate deed theft. The coronavirus pandemic may only exacerbate the financial and housing insecurity, officials said.
The plan includes new requirements for affordable housing developments, increased services for tenants and homeowners and the announcement of two city-led developments that will bring 280 affordable housing units to the neighborhood.
“This housing plan builds on Bed-Stuy’s rich history at the forefront of the community development movement with local leaders and residents working together to protect their neighborhood from the forces of racism and economic instability,” HPD Commissioner Louise Carroll said.
“Developed through an inclusive, community-driven process, the plan reflects priorities of the Bed-Stuy community, including creating affordable housing, protecting residents from displacement, and promoting equitable ownership among M/WBE and nonprofit developers.”
The two new developments, both on city-owned land on Fulton Street, will be the first to take on a new rule put forward in the plan, which requires Minority-and-Women-Owned Business Enterprises (M/WBE) and nonprofits to have a stake in affordable housing projects.
Under the requirement, at least 25 percent of the project’s managing ownership interests must be held by a M/WBE or non-profit development partner.
Requests for proposals for the two sites were released Friday with the housing plan.
After feedback from neighbors, the two sites also must encourage a "hub of uses" surrounding healthy eating, living, physical exercise and holistic healing, likely in the form of community centers, officials said.
They are among a number of affordable housing that is planned for the neighborhood.
The Bed-Stuy plan prioritizes the creation of 825 new affordable homes in the next few years, according to HPD, including 400 apartments already under construction.
It also includes measures to "ensure City programs, public services, and community resources are coordinated and aligned with the neighborhood's unique challenges," including illegal Airbnb activity, deed theft or conditions at aging homes.
Read the full plan here.