Friday, 5 July 2019

Private developer’s NYCHA project in Mott Haven lands $79M in financing

A NYCHA program’s supportive housing project in the Bronx has landed more than $79 million in financing. The money is divided between about $1.5 million from the Breaking Ground Housing Development Fund Corporation, $2.7 million from the New York State Homeless Housing and Assistance Corporation, and $75 million from the New York City Housing Development Corporation, according to property records. The Homeless Housing and Assistance Corporation and HDC did not respond to requests for comment. […]



source https://therealdeal.com/2019/07/05/private-developers-nycha-project-in-mott-haven-lands-79m-in-financing/

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