Having affordable housing in the Big Apple has become a challenge for thousands of low- and middle-income families, and as part of the City and State plan to create more units for the homeless and low-income expensive, the Morris Heights neighborhood in the Bronx will have 326 new apartments.
This was announced this week by the Governor of New York, Kathy Hochul and the Mayor, Eric Adams, after revealing that with an investment of $189 million, work began to build the Starhill project Phase I, which will also offer 200 housing units with support services for homeless people.
“This project will provide housing safe and stable for more than 300 residents of the Bronx and will offer essential resources and amenities to support the Morris Heights neighborhood for the long term,” said the Governor of New York. “As the national affordability crisis drives rent and other costs higher still, my administration is tackling the crisis head-on with a $25 billion to provide high-quality affordable and supportive housing that will help stabilize and improve the lives of New Yorkers.”
Mayor Adams said that the new housing project in Morris Heights is a sign of the commitment to create safe, stable and affordable housing.
“Our administration has a plan to drive the creation of supportive homes for New Yorkers who need them most, and we’re moving full speed ahead. We are working closely with Governor Hochul to ‘get things done’ for New Yorkers, and make our city stronger and fairer,” said the local president.
The Governor’s Office mentioned that Morris Heights Housing Project Adds to $25 Billion Comprehensive Housing Plan Investment Over the Next Five years, which will increase housing units, creating or preserving 100,000 affordable apartments in New York, of which 10,000 will have support services for vulnerable populations.
In the announcement, it was revealed that Starhill Phase I will be a multi-family building of 14 floors and a connected one-story service building, which will also have access to local, medical, educational and public services, with the advantage of also having facilities 10 bus lines and the passage of trains 4, B and D. It will also have a patio rear and a recreation area, a gym, laundry, a children’s playroom, a computer room and free Internet access.
Financing includes $20,6 million in permanent tax-exempt bonds, low-income federal tax credits that will generate $31,5 million in capital and $31,5 million in Community Renewal grants and New York State Housing. The City will provide $31,5 millionm through the Supportive Housing Loan Program and the City Council will provide $1 million .
New York City Housing Director Jessica Katz called the new project an important step in helping those experiencing homelessness, mental health issues and rebuilding their lives. substance use.
“Starhill soon will welcome hundreds of New Yorkers into their homes, creating a new community in Morris Heights. And as part of our citywide housing strategy, ‘Housing Our Neighbors,’ we’re committed to creating high-quality, affordable housing. I am proud to celebrate this new and exciting project with BronxPro and Services for the Underserved,” said the official.
HPD Commissioner Adolfo Carrión Jr. assured that Starhill is an example of what is is accomplishing for the most vulnerable New Yorkers with safe housing, support and services.
“When completed, Starhill will be our largest new construction supportive housing project to date, providing 326 affordable housing, 200 of which is supportive housing reserved for the homeless” Carrion said. “It’s no small feat, and we celebrate this important milestone on the road to moving as many New Yorkers into housing as quickly as possible.”
Congressman Ritchie Torres, originally from the county of The Bronx, highlighted that after the COVID pandemic, which left new families out of their homes, it is necessary to continue building more affordable housing projects that combat homelessness.
“As we continue to recover from the COVID-19, it is very clear that we need more than a temporary solution to the housing crisis in New York City“, said the politician of Latino origin. “I am encouraged by the steps taken by the Governor and the Mayor to develop housing that will support homeless and low-income families in my district,” Torres warned.
El Starhill Phase I project Bronx in figures
- $200 million is the total cost of the investment
- 326 new housing is expected to be built in Morris Heights
- 200 of those homes will be supportive housing for homeless adults
- 14 Floors will have the new housing complex
- 30 Y 80 percent of the area median income will be the requirement to apply for the other units
- $20,6 million will come from permanent tax-exempt bonds
- $80,5 million in principal will come from federal tax credits for Low-Income Persons
- $31,5 million comes from New York State Homes and Community Renewal grants326
- $31,5 millionm will be allocated by the City
- $1 million will be given by the City Council.