The Betances Family Apartments is a 101-unit, deeply affordable, mixed-use development in the Mott Haven area of the Bronx, created in partnership with Lemle & Wolff and The Bridge. This 15-story new construction features 30 apartments reserved for formerly unhoused New Yorkers, with the remaining units designated for low- and very-low-income families. Developed on underutilized land at NYCHA’s Betances VI campus, the project supports NYCHA’s NextGen initiative to increase housing within existing developments.
The Bridge, one of NYC’s leading nonprofits in providing housing and services for individuals with psychiatric disabilities, will offer on-site supportive services. Additional amenities include a children’s playroom, bike storage, an outdoor green roof terrace, and a 10,000-square-foot ground-floor commercial space, soon to be home to a local daycare relocating from the area.
Brooklyn-based Think! Architecture and Design, a firm specializing in affordable and supportive housing, served as the project architect.
Financing
9% Low Income Housing Tax Credits syndicated by NEF; NYC Department of Housing Preservation and Development Extremely Low and Low-Income Affordability program; NYC Councilmember Diane Ayala; Bronx Borough President Ruben Diaz, Jr.; Bank of New York – Mellon; Webster Bank; Federal Home Loan Bank of New York Affordable Housing Program