Phase I of Livonia Avenue Initiative Will Create Approximately 225 Units Of Affordable Housing and 68,000 Square Feet of Retail Space
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced today the release of a Request for Proposals (RFP) for the first phase of the Livonia Avenue Initiative in the East New York section of Brooklyn’s Community District 5. The four City-owned development sites in Phase I which are located on Livonia Avenue between Pennsylvania Avenue and Williams Avenue, will be developed to create approximately 225 units of low-income rental housing and approximately 68,000 square feet of new ground-floor commercial space. This RFP is the first of multiple phases of the Livonia Avenue Initiative, which seeks to transform the corridor into a vibrant mixed-use area by adding new affordable housing and creating retail opportunities along Livonia Avenue.
The Livonia Avenue Initiative is being developed under Mayor Michael R. Bloomberg’s New Housing Marketplace Plan (NHMP), an $8.5 billion initiative to finance 165,000 units of affordable housing for half a million New Yorkers by the close of the 2014 fiscal year. To date, the plan has funded the creation or preservation of more than 125,000 units of affordable housing across the five boroughs; 5,110 of those units are in Brooklyn Community District 5 where the four sites in Phase I of the Initiative are located.
“This is an exciting opportunity to transform underutilized property into a thriving thoroughfare that will be a catalyst for growth and development within the neighborhood,” said HPD Commissioner Mathew M. Wambua. “These new affordable homes in conjunction with new retail space will anchor future phases of development along the Livonia Avenue corridor. When complete, this access to safe, quality housing and local services will help create stability and spur job creation opportunities which are crucial to continuing the economic revival that is taking hold in this neighborhood.”
In keeping with the objectives of the NHMP, the Livonia Avenue Initiative will help transform underutilized City-owned property into thriving mixed-use developments in a comprehensive effort to continue the resurgence of the neighborhood. Through the addition of affordable housing and creation new retail opportunities, the Initiative will act as a catalyst for future growth in both the public and private sectors. The development of these first four sites will create approximately 225 units of low-income rental housing. The RFP provides the applicants with the latitude to propose different levels of income restrictions appropriate to their overall proposal. As Phase I has been designated as a low-income rental project, incomes would generally be up to 60 percent of the Area Median Income (AMI), or what is equal to a household income of up to $49,080 for a family of four. Projects may include a tier of units affordable to households earning between 60 and 90 percent AMI (between $49,080 and $73,620 for a family of four). Phase I may also include community facility space, parking and accessory open space.
Applicants may submit proposals for any one site or a combination of sites. The RFP submission period runs from September 26, 2011 through December 19, 2011. For more information and to obtain a copy of the RFP, please visit http://www.nyc.gov/html/hpd/html/developers/rfp.shtml
- Site 1 is located on the block bounded by Livonia Avenue, Sheffield Avenue, Dumont Avenue, and Pennsylvania Avenue. It comprises approximately 12,600 square feet and will provide approximately 36 affordable units.
- Site 2 is located on the block bounded by Livonia Avenue, Georgia Avenue, Dumont Avenue, and Sheffield Avenue. It comprises approximately 23,430 square feet and will provide approximately 74 affordable units.
- Site 3 is located on the block bounded by Livonia Avenue, Georgia Avenue, Riverdale Avenue, and Alabama Avenue. It comprises approximately 20,000 square feet and will provide approximately 71 affordable units.
- Site 4 is located on the block bounded by Livonia Avenue, Alabama Avenue, Riverdale Avenue, and Williams Avenue. It comprises approximately 12,000 square feet and will provide approximately 43 affordable units.
The Livonia Avenue Initiative is a comprehensive plan that will be implemented in multiple phases with a grand total of approximately 791 affordable housing units currently planned. Phase I of the initiative, which will provide approximately 225 units of affordable housing, focuses on the above mentioned four sites. Phase II of the initiative, which currently calls for about 251 units of affordable housing, will focus on additional City-owned property in Brooklyn Community District 5 between Williams Avenue and Van Sinderen Avenue. Future phases of the Initiative call for approximately 315 affordable units to be developed at the remaining City-owned property on Livonia Avenue in Brownsville (Community District 16).
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About the NYC Department of Housing Preservation and Development (HPD)
HPD is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and viable neighborhoods for New Yorkers through education, outreach, loan and development programs and enforcement of housing quality standards. It is responsible for implementing Mayor Bloomberg’s New Housing Marketplace Plan to finance the construction or preservation of 165,000 units of affordable housing by 2014. Since the plan’s inception, more than 125,000 affordable homes have been created or preserved. For more information, visit www.nyc.gov/hpd.