Governor Hochul announces completion of $ 48 million supportive housing development in the Bronx

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Governor Kathy Hochul today announced the completion of a $ 47.9 million social and affordable housing complex in the Bronx that will serve chronically homeless people, including those with severe mental illness , disabled veterans and the elderly. Benefiting from $ 6.5 million through the Homeless Housing and Assistance Program, Park Avenue Apartments offer 115 affordable housing units, including 69 units with Empire State Support-funded services. Housing Initiative.

“Too many homeless New Yorkers in the city often face multiple issues that contribute to their housing instability,” Governor Hochul said. “Projects like the Park Avenue Apartments are key to ending homelessness by providing housing and helping New Yorkers with the support services they need, allowing them to live in independent environments. ”

The Bridge, which sponsored the project, reserved 23 units for frail or disabled elderly, 23 units for disabled veterans and 23 units for adults with mental illness. The remaining 45 apartments are reserved for low-income families and seniors in the community.

The development includes a multipurpose room with a heated kitchen, a laundry room, a computer lab, a games room and an outdoor recreational space with access to a community garden and a walking path. The seven-story building was built on a vacant lot in the Claremont Village neighborhood of the Bronx.

Seen Pictures of the Park Avenue apartments.

Administered by the State Office of Temporary Assistance, the Homeless Housing and Assistance Program provided $ 6.5 million to the project. The State Mental Health Office provides $ 1.7 million in annual funding for services and rent subsidies for supportive housing units through the Empire State Supportive Housing Initiative and a Additional funding of $ 195,500 in program development grants for 23 apartments serving people living with mental illness.

New York Homes and Community Renewal funded the project with $ 6.5 million in tax-exempt bonds, $ 7 million through its 100% Affordable New York City program, and an allocation of federal tax credits. for housing low-income people which will generate $ 17.7 million for development. The New York City Department of Housing Preservation and Development also provided funding of $ 7.4 million.

Office of Temporary Help and Disability Executive Deputy Commissioner Barbara C. Guinn said, “Developments like Park Avenue are at the heart of our efforts to tackle homelessness in New York State, as they provide both stable housing and the services that vulnerable New Yorkers can rely on for. solve the problems that contribute to their housing insecurity. I applaud Governor Hochul for his continued support for projects like this and others that are essential to our efforts to meet the needs of those facing homelessness. ”

Homes and Community Renewal Commissioner Ruth Anne Visnauskas said, “All New Yorkers deserve the dignity and security of a good home. Thanks to The Bridge and the investment of our national and local partners, Park Avenue Apartments will provide essential services that will help individuals to age safely and break patterns of housing insecurity With 115 apartments, this is a transformative development for Claremont Village aimed at ensuring that the Bronx remains a place where everyone has the opportunity to live and live. thrive, especially the military and the women who have served our country with honor. ”

Office of the Mental Health Commissioner, Dr. Ann Sullivan said, “Park Avenue Apartments transformed a former vacant lot into welcoming and stable housing for vulnerable and homeless New Yorkers. I am proud of the role the OMH has played in the development of these homes, and I commend Governor Hochul for her commitment to bringing support and hope to people living with mental illness.

Bridge CEO Susan Wiviott said, “We are proud to have been able to open this new building during COVID and to have transformed this vacant lot into a welcoming, safe and secure environment for residents and the surrounding community. We are deeply grateful to our government funders and development partners and the Board of Directors and staff of The Bridge without whom none of this would be possible. We also recognize the enormous need for supportive and affordable housing across the city and applaud the commitment of the city and state to create more housing for vulnerable New Yorkers.

Municipal Housing Preservation and Development Commissioner Louise Carroll said, “Since the inception of the Mayor’s Housing Plan, New York City has used every tool possible to create housing opportunities for its most vulnerable residents. The 3500 Park Apartments are truly emblematic of the city’s high standards for ensuring our, and those in need of support services, have a beautiful, quality, affordable home that will help them get back on their feet and age. We are proud to partner with The State and The Bridge to create these 115 new affordable support homes. ”

Senator Luis Sepulveda said, “By creating affordable housing and providing support services, we can begin to address many of the root causes of homelessness in our communities. Park Avenue Apartments will provide this housing and assistance to the Claremont area. Village, thereby helping to tackle housing insecurity in this neighborhood while providing housing for the most vulnerable among us. I applaud Governor Hochul’s leadership for continuing to make housing insecurity a major problem of his administration and for helping developments like this become a reality in our communities. “

MP Chantel Jackson said, “It is with great satisfaction that I join Governor Hochul in celebrating the completion of the Park Avenue Apartments Supportive Housing Initiative, a new affordable development based in the Bronx that will house some of our most vulnerable people. . It is our duty to protect and support those who are marginalized in our community and this development is a step in that direction. I want to thank all the organizations involved in this effort, and I hope to see many more projects of this nature come to fruition in the near future.


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