A low-income senior housing and church development planned for Soundview recently received $1.5 million in funding, though the construction start date is up in the air.
The 1810 Randall Ave. project is spearheaded by a church on the project site called Casa de la Fe, and Vertical Community Development Group LLC. As part of the project, developers will rebuild the church and bring community space and housing to the area.
The 8-story building is slated to have about 167 affordable studio and one-bedroom apartments for seniors with incomes ranging from 0% to 50% of the area median income, including formerly homeless seniors. Residents will use federal vouchers to help pay rent.
Councilmember Amanda Farías, a Parkchester Progressive, has allocated $1.5 million to support the project, which she presented after the Sunday service at Casa De La Fe this week.
“I grew up in an intergenerational home, and my grandparents helped my mom take care of me, and I helped my mom take care of my grandparents,” Farías said in a statement. “My abuelos did everything they could to raise us here in the neighborhood, but it was so hard for them to age in place with dignity. … We all have a responsibility to help one another through this major housing crisis, and ensuring that seniors have affordable options like 1810 Randall is a major component in that.”
Along with the City Council allocation, the developers expect to finance the project with the NYC Department of Housing Preservation and Development’s (HPD) Senior Affordable Rental Apartments program, as well as low income housing tax credits, according to project spokesperson Jordan Press, of Constantinople & Vallone Consulting.
The developers are currently waiting for HPD to finance the project, which they hope will be sometime next year, according to Press. Once financing is approved, construction will take about two years.
A rezoning requested by the church and development company was approved by the City Council…
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