The Yonkers Industrial Development Agency recently approved incentives for two new mixed-income residential properties.
Hudson Hill at 76 Locust Hill Avenue is poised to debut as one of the most sustainably designed affordable housing buildings in Yonkers, New York. As part of the New York State Energy Research and Development Authority’s Building of Excellence Competition, project plans were presented by developer Westhab, Inc. and Amie Gross Architects, which was awarded $1 million to complete the building.
Last week Camber Property Group and Westhab announced the topping out of 913 East Tremont Avenue, a 100-percent affordable rental development in The Bronx’s West Farms neighborhood. Components of the 11-story, 98,846-square-foot development include 119 housing units and 6,500 square feet of commercial space. The building is designed by Aufgang Architects and is being constructed by SD Builders.
Westchester’s nonprofit developer Westhab recently topped off their latest project Dayspring Commons at 227 Elm Street in Yonkers. Located in the Nodine Hill neighborhood, the 65-unit residential building will offer affordable and supportive housing to the area. Last week a small gathering that included Yonkers mayor Mike Spano and Westhab president and CEO Rich Nightingale marked the completion of the Dayspring Commons edifice.
Affordable and supportive housing developer Camper Property Group‘s latest project for low-income households and the formerly homeless is set to break ground at 913 East Tremont Avenue in West Farms, The Bronx. The estimated construction cost for the project is approximately $50 million, which is funded in part through tax-exempt bond financing, as of right tax credit equity provided by Wells Fargo, and public subsidies from the New York State Housing Finance Agency and New York State Homes and Community Renewal.