Kelly Street | Bronx, NY

916, 920, 924, 928 & 935 Kelly Street, Bronx NY

Overview

  • 81 low-income units, 5 buildings
  • Status: Completed Spring 2013
  • Buildings were severely distressed; upon acquisition 3 out of 5 buildings were in HPD’s Alternative Enforcement Program
  • Permanent  & Construction Financing: NYC Employee Retirement System, Morgan Stanley, JP Morgan Chase loan, HPD loan (Participation Loan Program), HUD NSP Funds — NEF Tax Credit Equity
  • Development Partners: Banana Kelly Community Improvement Association, Inc. and Monadnock Construction
  • Amenities: community garden, green roof and gray-water filtration system in partnership with GrowNYC
  • Programs: Kelly Street Garden, Kelly Street Initiative in collaboration with The Laundromat Project, and additional programs with Banana Kelly Community Improvement Association, Inc. and other local organizations

In The News

Before

See the transformation at the Kelly Street garden

"Thanks to the garden, the neighborhood is stronger because we’ve become undivided."

- Kelly Street resident

The new Kelly Street Garden is “Double Green”, producing fresh food for residents while diverting up to 250,000 gallons of stormwater runoff annually. Between July and September 2014, residents harvested over 345 pounds of fresh vegetables and herbs. Read the press release here.

Check out what's happening at Kelly Street Green: