At the end of November, Alembic Community Development and Providence House celebrated the opening of our second supportive housing development together, the Bishop Joseph M. Sullivan Residence. This $8.2-million development will provide permanent service-enriched affordable housing for homeless adults and low-income community residents.
A joint project of Alembic Community Development and Providence House, the six-story Bishop Sullivan Residence provides 22 units of affordable housing for individuals and families earning 60% of area median income (AMI) and less. The unit mix comprises 20 studios, including one super’s unit and two two-bedroom units. Seventeen of the studios are set-aside for NY/NY III-eligible homeless single adults who have special needs. The remaining units are for income-qualified community residents. The building also includes a community room and backyard, social service offices and a laundry room.
Our partner in this project, Providence House, believes in emphasizing the dignity of every human person. Providence House affirms its commitment to provide shelter and support to homeless, abused and formerly incarcerated women and their children in a hospitable, non-violent, compassionate atmosphere. Founded in 1979, Providence House is a not-for-profit organization that accomplishes its mission one family at a time through its programs and services. Through their shelters and transitional and permanent housing, Providence House provides shelter to people in need, and it also strives to break the cycle of homelessness and return to incarceration through the values, skills and relationships that are established during their time at Providence House.
As with many affordable and supportive housing developments, The Bishop Sullivan Residence required many financing partners and a creative financing structure. Specialized financing for The Bishop Sullivan Residence is provided through federal Low Income Housing Tax Credits, the New York City Department of Housing Preservation and Development Supportive Housing Loan Program, and Richman Housing Resources. Pre-development funding for the project was provided by the Corporation for Supportive Housing.
The development is dedicated to Bishop Joseph M. Sullivan who, as executive director of Catholic Charities in Brooklyn and Queens starting in 1968, became a nationally-recognized advocate for the poor and downtrodden.