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NYC Department of Housing Preservation & Development

FOR IMMEDIATE RELEASE
Thursday, August 15, 2013

Juliet Morris, HPD (212) 863-5682


HUD & HPD JOIN CPCA, RBSCC AND PARTNERS TO CELEBRATE THE START OF CONSTRUCTION ON THE CORETTA SCOTT-KING SENIOR HOUSES

New 51 Unit Senior Housing Development to Provide Onsite Services for Seniors in the East New York, Brooklyn

Brooklyn, NY – The US Department of Housing and Urban Development (HUD) and New York City Department of Housing Preservation and Development (HPD) joined the Community Partners Commission Association (CPCA), the Ridgewood Bushwick Senior Citizens Council (RBSCC) and partners today to celebrate the start of construction on Coretta Scott-King Senior Houses. The new development will create 51 units of low-income affordable housing for seniors in Brooklyn’s East New York neighborhood... Also in attendance were project partners and supporters including local elected officials. 

Coretta Scott-King Senior Houses is being developed under 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 for half a million New Yorkers by the close of Fiscal Year 2014. For every dollar invested by the City, the NHMP has leveraged $3.44 in private funding, amounting to a total commitment to date of more than $23 billion to fund the creation or preservation of over 156,351 units of affordable housing across the five boroughs to date. A total of 37,106 units have been financed in Brooklyn where Coretta Scott-King Senior Houses will be located. 

“Housing is essential to our quality of life and I am proud that $7.7 million in HUD funding will go to the Coretta Scott King Senior Apartments,” said Mirza Orriols, HUD Acting Regional Administrator for New York and New Jersey.  “Funded through HUD’s 202 Supportive Housing for the Elderly Program, this subsidy will give seniors on fixed income the peace of mind they need by freeing their monthly expenses from high rents that so often hinder the enjoyment of their golden years. This is a great example of federal and local government coming together to offer our seniors quality affordable homes.” 

“As the costs of living continue to increase, those on fixed incomes bear a financial burden that often forces a choice between safe, stable housing and paying for life’s other necessities,” said HPD Commissioner Wambua. “Through a collaborative effort with our elected officials, community leaders and non-profit partners, we are able to celebrate the start of construction on a new residence designed to meet the needs of our seniors and allow them to live with dignity. Thank you to HUD, the City Council, CPCA, Ridgewood Bushwick Senior Citizens Council and all of our partners.” 

“The Coretta Scott-King Housing Development Fund Corporation is proud of our contribution and leadership in the creation of the Coretta Scott-King Senior Apartments,” said Dedra Wade, President of the Coretta Scott-King HDFC. “This senior housing development will provide much needed housing for seniors and enhance the community by developing former City-owned property in the heart of a family-based community that welcomes their new senior neighbors.” 

Coretta Scott-King Senior Houses will be developed on vacant formerly City-owned lots in East New York. The development will include community facility space and a small parking lot. Ridgewood Bushwick Senior Citizens Council will provide onsite services for the senior residents that will include medical and social security assistance. Exercise and educational classes will also be available to residents along with day trips and other social outings. 

Units will be filled though an HPD supervised housing lottery with a preference for adults 62 years of age and older. Eligible applicants must earn less than 50 percent Area Median Income (AMI) or no more than $30,100 annually for an individual. The development will receive a HUD Project Rental Assistance Contract in which HUD will provide $1.1 million to subsidize rents and minimize the renters’ contribution to 30% of their adjusted monthly income for rent. 

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/hpd.

The total development cost will be $13.7 million. HUD will provide $7.7 million in Section 202 funding. HUD also provided an $117,100 Planning Grant to fund various pre-development activities including environmental preparation for construction. HPD will provide $3.3 million in federal HOME funds. Brooklyn Borough President Marty Markowitz will contribute $1.2 million in Reso A funds and the New York City Council Brooklyn Delegation will provide $1.5 million, also in Reso A funds. 

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About the US Department of Housing and Urban Development (HUD):

HUD is the nation’s housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov. 

 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 157,326 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 Community Partners Commission Association (CPCA):

CPCA was established in 1996 as a not-for-profit resource center to connect East New York and Brownsville residents with self-help organizations specializing in a variety of education initiatives, job-training courses, after-school, nutrition and physical fitness programs.  In 2003, the organization decided to pursue an affordable housing agenda for senior citizens in the East New York area.  Coretta Scott King Senior Apartments is CPCA’s first affordable housing project.

 About the Ridgewood Bushwick Senior Citizens Council (RBSCC): 

Since 1973, RBSCC has been dedicated to providing a variety of social services for senior citizens, such as medical, housing and social security assistance.  Over the years, their mission has grown to encompass numerous activities, including the development of senior residences.  Yolanda Lopez Plaza located at 78 Troutman Street (82 units), Gates Plaza Senior Housing located at 1245 Gates Avenue (83 units) and Goodwin Senior Housing located 55 Goodwin Place (100 units) are some of the organization’s various residences for the elderly.