RiseBoro Community Partnership recently secured $412.4 million in financing for the second phase of Alafia, a mixed-use development with a focus on wellness services in East New York, Brooklyn. To be built in collaboration with L+M Development Partners LLC and Apex Building Group as co-developers, the second phase will bring 634 affordable and supportive units within two 14-story buildings as well as infrastructure improvements, parking, and 22,000 square feet of retail and community facilities.
The development will collectively provide a mix of studio, one-, two-, and three-bedroom units for households earning between 40 and 70 percent of the area median income (AMI). Designed by Marvel, Alafia is intended to alleviate chronic social, economic, and health disparities in East New York. The two residential buildings, A1-A2 and B1, are both designed to Passive House standards with energy-efficient geothermal systems.
Building A1-A2 will comprise 425 affordable units, with 47 residences set aside for seniors re-entering the community from incarceration and 59 units designated for formerly homeless youth and their families through NYC’s 15/15 program. Building A1-A2 will also feature a daycare facility and retail space. Building B1 will include 209 affordable apartments and residential parking. Both buildings will offer shared amenities such as a fitness center, children’s playroom, community rooms, and outdoor courtyards. Residents will also have access to free Wi-Fi in their apartments and common areas.
The second phase also includes the creation of Abule Avenue, a new public street connecting Fountain Avenue and Erskine Street and providing pedestrian and vehicular access within Alafia.
The project is funded through a mix of public and private financing sources, including a construction loan from Bank of America, tax credit equity from Merchants Capital Investment LLC, subsidy from the New York State Housing Finance Agency’s (HFA) New Construction Program (NCP) and Community Investment Fund (CIF), and a permanent loan from Merchants Capital Corp.
Construction is set to begin work in January 2025 and is expected to be completed by the fall of 2027. When the Alafia multi-development is complete, it will deliver 2,400 affordable homes, 15,000 square feet of healthcare space for One Brooklyn Health, open green space, and neighborhood commercial space.
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Mmmm alfalfa
It would be great if they (city and developers) also laid the ground for more access to micro-mobility (bikes. scooters) so people can access fairly local transit (It’s about a 10 minute bike ride to the 3 or C trains. Another 5 minutes to grab the J train. vs 45+ bus rides to connect to subway system). Instead they are just building up more car culture there as these developments go up near Gateway.
Love the housing. Hate the cars.
That’s a monster of a building.