Yesterday, Mayor Bloomberg, Governor Paterson and the U.S. Department of Housing and Urban Development announced that $60 million in federal stimulus funding will help complete four affordable housing developments (3 in Harlem, 1 in East New York). These are the first federal stimulus funds (from the American Recovery and Reinvestment Act’s Tax Credit Assistance Program) to be used for affordable housing; Mayor Bloomberg said, "Thanks to New York City’s congressional delegation, the City received tens of millions of dollars to revive stalled affordable housing projects, and we’re putting it to use to provide affordable housing for more than 700 families and create more than 2,800 jobs." More details about the developments, which are on East 100th, East 102nd and West 127th Streets in Harlem and on Alabama Avenue in East New Yorker, here.