1380 University Avenue | Bronx, NY – Workforce Housing Group

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

In The News

Brick By Brick: City, Private Developers Step In to Protect, Maintain Affordable Housing (NY1, August 28, 2014)