Affordable Housing

261 E. 202nd Street, courtesy of Aufgang Architects

Affordable Housing Secures Financing At 261 East 202nd and 270 East 203rd Streets in Bedford Park, The Bronx

7:00 am on January 16, 2021 By Vanessa Londono

This week New York State Homes and Community Renewal, New York City Department of Housing Preservation and Development, and developer CAMBA Housing Ventures, an affiliate of CAMBA, Inc. announced the closing of construction financing to the tune of $164 million for an affordable and supportive housing development in Bedford Park, The Bronx. Located at 261 East 202nd Street and 270 East 203rd Street, the two 11-story buildings will be known as CHV 202nd and 203rd Street, and offer 323 residential units and supportive services to the formerly homelessness and seniors. Aufgang Architects is designing the project.

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Friday Housing Lottery Round-Up: Closings Imminent For Two Buildings in Brooklyn and Queens

7:00 am on January 15, 2021 By Vanessa Londono

Today’s housing lottery round-up features two buildings with affordable units on Housing Connect with deadlines closing within the next seven days. Unfortunately, an update to the Housing Connect website this week has apparently left the system rather glitchy, as it now lists incorrect numbers of units remaining, and the photos and renderings have similarly become defunct, all in the midst of New York City’s worst housing crisis since the 1930s.

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Bethany Terraces, courtesy of Paul A. Castrucci Architects

DOB Greenlights Bethany Terraces, Affordable Senior Housing in East Flatbush, Brooklyn

7:00 am on January 14, 2021 By Vanessa Londono

The Department of Buildings recently approved plans for Bethany Terraces, a four-story affordable senior housing development at 604 East 40th Street in East Flatbush, Brooklyn. Developed by RiseBoro Community Partnership, which will operate the facility, and designed by Paul A. Castrucci Architects, the 39,200-square-foot project will be built to Passive House Standards.

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648 Midwood Street Apartments in Wingate, Brooklyn

Housing Lottery Launches for 648 Midwood Street in Wingate, Brooklyn

7:00 am on January 13, 2021 By Vanessa Londono

The affordable housing lottery is open for 648 Midwood Street, a five-story residential development in Wingate, Brooklyn. Developed by Yedid Builders and designed by S Wieder Architect, the ten-unit building will yield 7,913 square feet with three units designated as affordable housing. Available on NYC Housing Connect is a one-bedroom and two two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $76,835 to $159,640.

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