Housing Preservation and Development

Rendering of Bronx Point - S9 Architecture

Developers Secure $349M for Bronx Point Affordable Housing Complex, in the South Bronx

L+M Development Partners, Type A Projects, BronxWorks, and the City of New York have closed on $349 million financing package to complete phase one of Bronx Point, a new mixed-use affordable housing complex in the South Bronx. As a public-private partnership, the financing entities include the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, Empire State Development, Wells Fargo, and additional private funding sources.

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3188 Villa Avenue in Bedford Park, Bronx

Doe Fund Brings 68 Affordable Housing Units to 3188 Villa Avenue in Bedford Park, The Bronx

Villa House, a ten-story affordable housing building by The Doe Fund, has received its Temporary Certificate of Occupancy. Located at 3188 Villa Avenue in Bedford Park, The Bronx, the development will yield 68 units of affordable and supportive housing. Additional partners in the development process include the Department of Housing Preservation and Development, NYC Housing Authority, the Corporation for Supportive Housing, and NYC Human Resources Administration.

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