The development team behind Victory Plaza, a new 100% affordable senior housing project, has successfully closed on $65 million in construction financing to facilitate completion of the project. Located in Harlem at 11 West 118th Street, the building will eventually rise nine stories and comprise 136 rental homes. A total of 41 units will be reserved for the formerly homeless.
Harlem Congregations for Community Improvement
Prolific affordable housing developer L+M Development Partners have released a rendering for their newest project at 260 West 153rd Street in Harlem, a seven-story building with rents aimed at low-income families.