539-541 E. 147 Street | Bronx, NY – Workforce Housing Group

539-541 E. 147 Street | Bronx, NY

539 & 541 East 147th Street Bronx, NY

Overview

21 low-income units, 2 buildings
Status: Completed January 2015
Substantial rehab
Buildings were severely distressed and had been in various rounds of HPD’s Alternative Enforcement Program
Lender: Community Preservation Corporation
Financing: Bank loan, HPD loan
Not for Profit Partner: Urban Homesteading Assistance Board

In The News

CPC, Citi Announce $250M Facility to Finance Affordable Housing (Commercial Property Executive, March 13, 2013)