On-site supportive services are available to residents, including case management, personalized recovery programs, skills and employment training and structured social and recreational activities.
Brooklyn, N.Y. – April 13, 2015 – (RealEstateRama) — The New York City Department of Housing Preservation and Development (HPD) joined Services for the UnderServed (SUS), Enterprise Community Partners, Inc. (Enterprise), Bank of America and other project partners to celebrate the housewarming of The Truxton Residence, a 48-unit supportive and affordable housing development in the Ocean Hill neighborhood of Brooklyn. Residents of this development have on-site access to critical supportive services through SUS. To mark the building’s opening, officials planted a blueberry bush in the building’s landscaped backyard for the enjoyment of all residents.
“Keeping vulnerable families stably housed is a key priority for the City of New York. This includes homeless families and individuals in desperate need of safe and permanent housing,” said HPD Commissioner Vicki Been. “Thanks to Services for the UnderServed, Enterprise Development Partners, and all of our project partners for committing to the call to create affordable opportunities for those most in need of housing.”
“SUS is pleased to celebrate the opening of our Truxton Residence, and proud of the contribution we are making in providing a home to 48 New Yorkers,” said SUS CEO Donna Colonna. “This residence is dedicated to the thousands of New Yorkers who find themselves homeless each year, in the hope that they too will find a safe, affordable place to call home.”
“Home is the foundation of opportunity and a fair shot at success. Today, we celebrate not only a new home for 48 residents, but also the opportunities that are before them now that they have a stable, healthy, and affordable place to live,” said Judi Kende, Vice President and New York Market Leader, Enterprise. “Too many low-income New Yorkers are housing insecure – homeless or paying more than half of their income on rent – and unable to realize these opportunities. Developments like Truxton Residence and incredible partners like SUS, HPD, and Bank of America show that we can and we will end housing insecurity.”
The Truxton Residence was constructed on formerly city-owned land. The new five-story building includes 48 studio units for residents. The building also features 5,000 square feet of community space and a landscaped outdoor recreation space with seating and tables. The development was designed to meet Enterprise Green Communities criteria, the national standard for green building in affordable housing.
All of the apartments in The Truxton Residence serve low-income individuals with 80% of the units reserved for formerly homeless individuals with mental health challenges. The development is affordable to households earning at or below 60 percent of the Area Median Income, or an annual income of no more than $34,860 for an individual. Rents for units for the formerly homeless are subsidized with Project-based Section 8 vouchers. Residents will be expected to contribute 30 percent of their monthly income toward rent payments. The income levels for this development were set according to the U.S. Department of Housing and Urban Development (HUD)’s 2012 calculations.
On-site supportive services available to residents of The Truxton Residence are funded by DHS and DOHMH and provided by SUS. These supportive services include individualized case management and personalized recovery programs based on identified needs. Daily life skills training, employment training and job placement services, and structured social and recreation activities will also be offered to the building’s residents.
The total development cost of The Truxton Residence is approximately $12.2 million. HPD awarded over $6 million in Low-Income Housing Tax Credits, which Enterprise syndicated and for which Bank of America served as the investor. HPD also provided $4 million in HOME Funds towards permanent financing, $125,000 in City Capital and $1.5 million in NSP2 Funds. The project also received $137,179 in NYSERDA Multi-Family Performance Benefits.
The building is currently fully leased, with all units occupied. Marketing of the apartments and the application process for the lottery typically begins when construction is approximately 70 percent complete. For more information regarding the affordable housing lottery process or if you would like to receive an e-mail when HPD updates its available apartment and home website listings for City-subsidized housing in the five boroughs, please visit the Find Housing page atwww.nyc.gov/hpd. Current housing lotteries are also available at www.nyc.gov/housingconnect. Applicants may submit either a paper application or an electronic application. Duplicate applications will be disqualified.
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Services for the UnderServed (SUS):
SUS believes every New Yorker has the right to lead a life of purpose. For over 35 years SUS has been transforming this belief into reality by working as an advocate for people living with challenging life situations as a result of mental or intellectual disability, poverty, histories of incarceration, unemployment or substance use.
Through housing, employment, skills-building, treatment and rehabilitation, and in partnership with the people who come to us for services, we create pathways to a rich and productive life. We do our work one person at a time, in partnership with each of the 25, 000 individuals whose lives we touch. SUS lives in, works in and contributes to communities throughout the Bronx, Brooklyn, Queens and Manhattan. For more information visit: www.sus.org.
The New York City Department of Housing Preservation and Development (HPD):
HPD is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and viable neighborhoods for New Yorkers through education, outreach, loan and development programs, and enforcement of housing quality standards. HPD is tasked with fulfilling Mayor de Blasio’s Housing New York: A Five-Borough Ten-Year Plan to create and preserve 200,000 affordable units for New Yorkers at the very lowest incomes to those in the middle class. For more information visit www.nyc.gov/hpd and for regular updates on HPD news and services, connect with us via www.facebook.com/nychpd and www.twitter.com/nychousing.
Enterprise Community Partners, Inc. (Enterprise):
Enterprise works with partners nationwide to build opportunity. We create and advocate for affordable homes in thriving communities linked to jobs, good schools, health care and transportation. We lend funds, finance development and manage and build affordable housing, while shaping new strategies, solutions and policy. Over more than 30 years, Enterprise has created nearly 320,000 homes, invested $16 billion and touched millions of lives. Join us atwww.EnterpriseCommunity.com or www.EnterpriseCommunity.org.
Contact:
Juliet Morris (HPD), morrisj (at) hpd.nyc (dot) gov
Nakisha Williams (SUS), nwilliams1 (at) sus (dot) org
Stephanie Ramirez (Enterprise), sramirez (at) groupgordon (dot) com
