1380 University Avenue | Bronx, NY

1380 University Ave, Bronx NY

Overview

  • 139 low-income units
  • Status: Completed May 2017
  • Severely distressed
  • Substantial rehab
  • Lender: NYC Housing Development Corporation (HDC)
  • Permanent and Construction Financing: NYC HDC, Morgan Stanley, JP Morgan Chase, NEF Tax Credit Equity
  • Not for Profit Partner: Urban Homesteading Assistance Board
  • Planned amenities: community room, playground and recreational space

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