Construction has commenced for a new affordable and supportive housing complex in Brownsville, Brooklyn, Governor Hochul announced yesterday.
The three-building development, the final phase of the Marcus Garvey Apartments, will include a total of 287 residential units. Combined with its initial phase, the project brings 635 new homes to the Mitchell-Lama housing complex.
“I am committed to increasing the housing supply to ensure that all New Yorkers have the opportunity to find a safe, stable and affordable place to call home,” said Hochul in a news release. “The expansion of Marcus Garvey shows how our investments and partnerships can take a previously underutilized property and bring over 600 homes and important services to the Brownsville community.”
All of the apartments at the Marcus Garvey extension are to be reserved for households earning up to 70 percent of the area median income level, including 88 apartments reserved for formerly incarcerated renters. Services such as workforce development, skills training, and wellness services will be provided by the Osborne Association.
L+M Development Partners is developing the complex, which is being designed by SLCE Architects.
Funding for the project includes $20 million in tax-exempt bonds, $116-million in tax credit equity, a $36.5 million HCR supportive housing opportunity program subsidy, and a $22.3 million loan from the NYC HPD supportive housing loan program. Much of that funding was announced by Hochul last month.
- Brownsville (Urbanize NYC)