Williamsbridge Gardens, a 170-unit affordable housing complex in The Bronx, is now complete. Located in the Williamsbridge neighborhood, the property consists of two eight-story buildings along East 211th and East 212th Streets between White Plains Road and Holland Avenue.
The trio of developers responsible for the project include L+M Development Partners, Center of Urban Community Services, and B&B Urban. MHG Architects designed both buildings which feature a simple tan and grey cementitious facade, a standard punched window system, and textured steel doorways.
Most available units are designated for individuals and families earning between 30 and 80 percent Area Median Income. Half of the apartments are reserved for individuals with a mental health diagnosis and their families. These households will receive rental assistance and on-site services funded through the New York City Department of Housing Preservation and Development’s 15/15 rental assistance initiative.
Additional on-site supportive services provided by the Center of Urban Community Services will include comprehensive case management, medication management, community-living skills development, access to coordinated psychiatric and primary medical care and referrals, and linkages to community-based services.
To enrich tenant lifestyle, Williamsbridge Gardens offers a mix of indoor and outdoor amenity spaces including a large courtyard, a fitness center, a computer lab, a children’s library, a flexible lounge and event space, bike storage, and shared laundry facilities.
Available units range from studios up to three-bedroom floor plans.
Tidal construction costs hover around $91 million.
State financing for Williamsbridge Gardens includes $54 million in permanent tax-exempt bonds, $31 million in federal Low Income Housing Tax Credits, and an additional $12 million in subsidy from New York State Homes and Community Renewal. The construction fulfilled the requirements of the New York State Department of Environmental Conservation’s successful Brownfield Cleanup Program, which resulted in $8.5 million in tax credits. HPD provided $11.8 million, and the Office of the Bronx Borough President awarded $750,000. Raymond James is the tax credit equity investor.
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Tidal construction costs?