For Immediate Release: Thursday, June 7, 2018
Contact: General HPD Press Contact, email@example.com
City Announces Apartment Upgrades and Extended Affordability in Brooklyn
The 36-unit Bridge Community buildings received new roofs, boilers, children’s play equipment and upgrades to bathrooms and kitchens in $9.4 million renovation in Bed-Stuy, Brooklyn
New York, NY – New York City Housing Preservation and Development (HPD), Enterprise Community Partners, Low Income Investment Fund and New York State Housing Trust Fund joined New Destiny Housing, residents and community members this morning for a ribbon cutting at the Bridge Community, a four-building, 36-unit affordable housing community in the Bedford-Stuyvesant section of Brooklyn. The renovated buildings contain 6 apartments set aside for formerly homeless families and will ensure the long-term availability of affordable homes in the neighborhood.
“Through Housing New York, HPD is using multiple tools to preserve the existing affordable housing stock and protect tenants from displacement. The Bridge Community ensures that the Bedford-Stuyvesant neighborhood in Brooklyn remains affordable, not just for the 36 hardworking families living in the development today, but for future residents of these four buildings, including the formerly homeless,” said HPD Commissioner Maria Torres Springer. “I thank my colleagues at the City and State as well as our partners at New Destiny for their commitment to making our city more affordable and equitable for all New Yorkers.”
“In a neighborhood with rapidly increasing rents, these newly renovated buildings offer an island of affordability for longtime community residents,” said Carol Corden, Executive Director of New Destiny. “Thanks to funding from HPD, LIIF, HTF and Enterprise, New Destiny has been able to make repairs and improvements that will ensure that Bridge Community continues to provide high-quality affordable housing into the future. The availability of on-site services ensures that our tenants have the resources needed to build secure futures for themselves and their children.”
The renovations included new roofs, joist replacement, new and improved lighting in hallways, masonry cleaning, new boilers, additional security cameras, renovated lobbies, new landscaping in all backyards and new children’s play equipment. Apartment upgrades included new bath and kitchen fixtures, new appliances, floor replacements, tiling and painting.
“Safe, stable affordable housing is essential for families struggling to make ends meet, and especially those recovering from homelessness,” said Judi Kende, vice president and market leader, Enterprise Community Partners. “We’re proud to work alongside New Destiny and other mission-driven partners to preserve the affordable homes in Bridge Community and ensure that these families continue to receive the housing and services they need to thrive.”
“New Destiny’s work to provide housing stability, along with the support and services to help all their residents become self-sufficient, is critical. LIIF is proud to be a partner in financing the renovation of four New Destiny buildings to create safe, affordable homes for the New Yorkers who need them most,” said Kirsten Shaw, Director, Eastern Region, for the Low Income Investment Fund.
The buildings were originally built in the early 1900s, with the oldest one dating to 1900. All tenants were able to stay in place or were provided temporary apartments onsite during the renovation. The rents are affordable to very low and low-income tenants. Families receive a wide range of services through New Destiny’s on-site Family Support Program. These voluntary services help tenants to remain stably and safely housed, build community and foster economic security.
The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and diverse, thriving neighborhoods for New Yorkers through loan and development programs for new affordable housing, preservation of the affordability of the existing housing stock, enforcement of housing quality standards, and educational programs for tenants and building owners. HPD is tasked with fulfilling Mayor de Blasio’s Housing New York Plan which was recently expanded and accelerated through Housing New York 2.0 to complete the initial goal of 200,000 homes two years ahead of schedule—by 2022, and achieve an additional 100,000 homes over the following four years, for a total of 300,000 homes by 2026. For full details visit www.nyc.gov/hpd and for regular updates on HPD news and services, connect with us on Facebook, Twitter, and Instagram @NYCHousing.
About New Destiny
New Destiny is a 24 year-old non-profit dedicated to ending the cycle of violence for low-income families and individuals at risk of homelessness and domestic violence by connecting them to safe, permanent housing and services. To achieve its mission, New Destiny builds and manages permanent housing with on-site services; offers innovative programs that empower victims of abuse to find and retain affordable housing; and expands access to permanent housing resources for low-income families. New Destiny has developed 15 with 305 units of transitional and permanent service-enriched affordable housing. For additional information visit New Destiny’s website at www.newdestinyhousing.org and follow the organization on Facebook or Twitter.
About Enterprise Community Partners
Enterprise works with partners nationwide to build opportunity. We create and advocate for affordable homes in thriving communities linked to good schools, jobs, transit and health care. 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 358,000 homes, invested $23.4 billion and touched millions of lives. Join us at www.EnterpriseCommunity.com or www.EnterpriseCommunity.org.
About the Low Income Investment Fund (LIIF)
The Low Income Investment Fund invests capital to support healthy families and communities. Since 1984, LIIF has served 2.1 million people by investing $2.3 billion. Over its history, LIIF has provided financing and technical assistance to create and preserve affordable housing, child care centers, schools, healthy food retail, health clinics and transit-oriented development in distressed neighborhoods nationwide. LIIF’s work has generated more than $60 billion in family income and societal benefits. LIIF has offices in San Francisco, Los Angeles, New York City, Washington, D.C. and Atlanta. For more information about LIIF, visit www.liifund.org.