The completed project is located at 1017 Home Street in the Foxhurst section of the Bronx, NY. The property consists of a 9,421 square foot development site formerly occupied by a dilapidated, two-story church. The new development has transformed 1017 Home Street into an 8 story, newly constructed senior housing project. The project was financed through the New York City Senior Affordable Rental Apartments (SARA) Program, 9% Low Income Housing Tax Credit (LIHTC) equity and a bank loan.
The project includes 64 units of housing along with 3,000 square feet of first floor community facility space. The project design meets LEED Gold standard and includes many energy efficient features. The residential amenities include a lounge, gym, bike room, roof terrace, tenant storage and on-site laundry The unit mix includes a two-bedroom superintendents unit, forty-five (45) studios and eighteen (18) one-bedrooms for Seniors aged 62 and over with incomes up to 60% of the area median income. Thirty percent of the units are reserved for homeless seniors referred by a City or State agency.