Property Resources Corporation and Camber Property Group recently hosted a ribbon cutting ceremony for Tiffany Street Apartments in the Foxhurst section of the South Bronx. The affordable housing property is located at 975 Tiffany Street and comprises 161 apartments for low-income families.
The units will be reserved for residents earning 27 percent to 80 percent of the area median income (AMI). A total of 34 apartments will be saved for formerly homeless individuals and families.
Available amenity spaces include a fitness center, a community gathering space, outdoor recreational space, bike storage, and a laundry room.
“Providing safe, secure housing to New Yorkers of all incomes has never been more essential, especially as we look to rebuild in light of an ongoing pandemic,” said Benjamin Linde, principal at Property Resources Corporation. “We are so pleased that 161 families will now be able to call Tiffany Street Apartments home, and we are grateful to our colleagues and the community who worked tirelessly to make that possible. PRC is proud of the work we do to ensure that the Bronx, and New York City, remains affordable to all.”
Tiffany Street Apartments is the third multi-family residential project these developers have completed in the South Bronx. The partnership has also created 1000 Fox Street, an eight-story, 120-unit affordable project, and 960 Simpson Street, a six-story, 80-unit building.
This latest project is valued at $60 million. Funding sources include a combination of $40 million in tax-exempt bonds and subsidy from HPD and HDC and $15 million in Low Income Housing Tax Credit equity. Chase Community Development Banking provided the construction period credit enhancement and Regions Affordable Housing provided the tax credit equity on behalf of JPMorgan Capital Corporation.
Peter Clements Architect, P.C. served as architect of record.
“At Tiffany Street Apartments, PRC, Camber and our public partners transformed an underutilized lot in the South Bronx into 161 state-of-the-art affordable apartments,” said Rick Gropper, principal and co-founder of Camber Property Group. “This project is a clear example of what happens when you combine progressive land use policy with the city’s efforts to make it more affordable and livable for all New Yorkers. We are thrilled to provide affordable, modern, and livable apartments for those New Yorkers that need them the most and are proud to welcome our newest residents to the Tiffany Street Apartments.”
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Me too good
Hi I need applications please I am a Security guards my address is 3223 laconia Avenue BX ny 10469 thank you in advance
Hola necesito una solicitud por favor Mi nombre es María Fernández y mi dirección es 3315 hull ave apartamento 2g 10467 Bronx New York
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There. Are so. Beautiful. Love to live i. One of them.
Please call me I need two bedrooms help me
We really need one of these..Can we get a. Application please!!
God knows how urgent we need this opportunity…
Need one or two bedrooms
Will appreciate deeply!
Need a place to live. I’m a Senior citizen who works 💪.
City FHEPS $1.945 BRONX NY 347.610.0036
Interrested in a 1 bedroom apartment im on social security disability . Im ready to move
This is good but Westchester Ave nearby needs to be upzoned to R9 around there asap.
interested retired i need a 2 bedroom or 1 bedroom
A very good job of 3 nice buildings in my neighborhood. More projects should be like this. I can see the back of it from my rooftop oasis.
I am one person I just need a one bedroom and they look really nice live in a world war four floor walk-up it’s really hard for me to keep going up and down the stairs everyday don’t have any closets very very sad living quarters
Hello I am Arquelio Martinez I need a application forms to my address 1164 Cromwell ave apt 6D Bronx ny 10452
Hello I would like something just like this in
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Hi, how can I get an application will it be possible to send me an application my name is Ingrid Higinio and my address is 3261 Decatur Avenue, Bronx New York 10467 thanks
My address es 1504 stillwell av.
Bronx ny 10461 please mandenme una application para 3 room
Trabajo de hommatender AHH
I am living in a shelter on wards Island , my name is pedro ortiz I am 70 years old and I am on a cityfheps program I need help in finding a permentant home I am a very clean person , thank you
Hello how are doing I would like an apartment application for a one bedroom apartment my current address is 1420 Minford Place apartment 3J, Bronx New York,10460, my cell phone number is 1-646-973-0813. Have a safe and great evening I currently receive Social Security Disability