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NYC Department of Housing Preservation & Development

FOR IMMEDIATE RELEASE
Thursday, May 16, 2013

Eric Bederman 212-863-5176


HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT CAMBA GARDENS, A NEW SUPPORTIVE HOUSING DEVELOPMENT

Income-Eligible New Yorkers Displaced From their Homes Due To Storm Damage Receive 10% Preference in Lotteries for Low-Income Affordable Housing 

Brooklyn, N.Y.— New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest housing development in construction to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Developed by CAMBA Housing Ventures, Inc., CAMBA Gardens will add a total of 209 units of affordable supportive housing to the East Flatbush neighborhood of Brooklyn through the City’s Supportive Housing Loan Program. In addition to providing housing for formerly homeless individuals and families residing in the building, the project will include 61 permanently affordable units reserved for low-income tenants. Ten percent of these 61 affordable units will be subject to the Sandy preference.

CAMBA Gardens is being developed as part of Mayor Michael R. Bloomberg’s New Housing Marketplace Plan (NHMP). The NHMP is a multi-billion dollar initiative to finance 165,000 units of affordable housing by the close of Fiscal Year 2014. For every dollar invested by the City, the Plan has leveraged $3.43 from other sources for a total commitment of more than $21 billion. To date, more than 147,893 units of affordable housing have been funded across the five boroughs, with more than 35,973 units financed in Brooklyn.

“It is more important than ever that we find new and creative ways to develop affordable housing for the City’s most vulnerable populations,” said HPD Commissioner Mathew Wambua. “This unique development uses underused public hospital property that will connect the residents to critical services and care. The preference for families displaced by the storm adds another layer of needed support to this development. With this preference we hope to make continued progress toward fulfilling the needs of those affected and on the road to recovery.”

“The diverse portfolio of affordable housing units offered by HPD through this Sandy preference program gives residents displaced by the storm many options and many opportunities to succeed in finding permanent, sustainable housing,” said Brad Gair, Director of the Mayor’s Office of Housing Recovery Operations.

“We are proud that CAMBA Gardens will make critical housing available to people who lost their homes through Sandy. CAMBA Gardens will provide affordable housing to New Yorkers in need, help revitalize East Flatbush, and serve as a national model for public-private partnerships to transform underutilized hospital land,” said Joanne Oplustil, President and CEO of CAMBA, Inc. and CAMBA Housing Ventures.

CAMBA Gardens is currently accepting applications. Completed applications must be returned by regular mail only and must be postmarked by July 12th 2013. Qualified applicants will be required to meet income and family size guidelines and additional selection criteria. To request an application, mail a self-addressed envelope to CAMBA Gardens, P.O. Box 1166, New York, NY 10039, or download an application from www.camba.org/cambagardens. Current and eligible residents of Brooklyn Community Boards 9 and 17 will receive preference for 50 percent of the units. King’s County Hospital Center employees will receive preference for 15 percent of the units. In addition, income-eligible applicants who can document displacement by Hurricane Sandy and/or its related storms will receive preference for 10 percent of the units.

Located at 690 and 738 Albany Avenue on the Kings County Hospital Center campus in East Flatbush, Brooklyn, once completed, the new development will have a total of 209 units in two buildings. Of the 209 units, 61 units will be offered through the housing lottery and will be affordable to households earning up to 60 percent of Area Median Income (AMI)—equal to a household income of $51,540/year for a family of four. These include a total of 24 one-bedroom units, 25 two-bedroom units, and 12 three-bedroom. There is a preference for qualified households displaced by Hurricane Sandy for 7 units in the building. The anticipated completion date for the development is fall of 2013.

Being developed by CAMBA Housing Ventures, Inc. and currently in construction, CAMBA Gardens is a permanent, affordable and supportive housing development. Situated on the campus of Kings County Hospital Center in East Flatbush, CAMBA Gardens will provide tenants with healthy indoor air quality, energy-efficient units, expansive green space, community rooms and 24-hour security. CAMBA Gardens includes a mix of one-, two- and three-bedroom units featuring Energy-Star appliances and is designed to achieve NYSERDA's energy-efficiency standards. Each building at CAMBA Gardens will have a live-in super.

The CAMBA Gardens project is a national model demonstrating a partnership between a public hospital, non-profit community developer, a social service provider and community stakeholders to redevelop underutilized hospital property into much needed affordable and sustainable housing. CAMBA Gardens is a sustainable neighborhood asset that connects tenants with healthcare, public transportation, local retail, and creates revenue for surrounding area businesses.

Financing for this development is being provided by a variety of partners. The New York City Housing Preservation and Development provided $26.1 million toward the development in HOME funds and an additional $2 million in City Capital Allocation funds from Brooklyn Borough President Marty Markowitz and Councilmember Dr. Mathieu Eugene (40th District). New York State Homes and Community Renewal provided $34 million in tax-exempt bonds and TD Bank is providing credit enhancement. The Federal Home Loan Bank of New York Affordable Housing Program provided $1.4 million and the New York State Homeless Housing Assistance Corporation provided $5.2 million. A $578,191 NYSERDA grant was provided. Enterprise provided $25 million in tax credit equity.  Predevelopment financing was provided by Corporation for Supportive Housing and Enterprise.

The City of New York requires that subsidized apartments be rented through an open lottery system to ensure fair and equitable distribution of housing to eligible applicants. Marketing of the apartments and the application process for the lottery typically begin when construction is approximately 70 percent complete. For more information regarding the lottery process, current housing lotteries, how to apply to an open lottery, and if you would like to receive an e-mail when HPD updates its available apartment and home website listings for City-subsidized housing in the five boroughs, please visit the Apartment Seekers and Homebuyers pages at www.nyc.gov.

The project was designed by Harden Van Arnam Architects.

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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 147,583 affordable homes have been created or preserved. For regular updates on news and services, connect with us via www.facebook.com/nychpd and www.twitter.com/nychousing. For more information, visit our website at www.nyc.gov/hpd.

About the Mayor’s Office of Housing Recovery Operations

The Mayor’s Office of Housing Recovery Operations is committed to planning and implementing innovative and effective solutions to the housing needs caused by Hurricane Sandy. Through NYC Rapid Repairs, the City has already completed emergency repairs on more than 17,000 residences. These emergency repairs are free of charge and include the restoration of heat, power and hot water and other limited repairs to protect a home from further significant damage.

About CAMBA and CAMBA Housing Ventures

Started in 1977, CAMBA is a nonprofit agency that connects people with opportunities to enhance their quality of life. CAMBA offers integrated services and programs in: Economic Development, Education and Youth Development, Family Supports, Health, Housing, and Legal Services. CAMBA serves more than 45,000 individuals and families, including 9,000 youth, each year. Learn more about CAMBA’s life-changing services at www.camba.org.

In 2005, CAMBA created CAMBA Housing Ventures, Inc. (CHV), an affiliated nonprofit development corporation, with a goal of having in the pipeline and/or partnering on to create 1,000 units of affordable housing by 2015.The mission of CAMBA Housing Ventures is to develop sustainable and energy efficient buildings that provide safe and affordable housing for low-income and formerly homeless individuals and families. When provided with resources that are meaningful and culturally relevant, tenants of CAMBA Housing Ventures’ developments make tremendous contributions toward strengthening their own lives and communities.  To date, CHV has developed 396 units in Brooklyn, representing $101.3 million in public and private investment at 880 Willoughby (100 units), Morris Manor (46 units), 97 Crooke Avenue (53 units) and Gateway Elton Phase I (197 units, in partnership with Hudson Companies and Related). CHV has 384 units in construction in Brooklyn representing $126 million in investment: 209 units at CAMBA Gardens (on the campus of Kings County Hospital) and 175 units at Gateway Elton Phase II, where CHV is the non-profit development partner with Hudson Companies and Relate Companies. Learn more at: www.cambahousingventures.org.




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