Construction has begun on The Plains residential complex in Wakefield, New York, according to Governor Kathy Hochul.
The US$49 million affordable and supportive housing project is being developed by Doe Fund and Robert Sanborn Development, a joint venture between The Doe Fund, a non-profit organization in the United States that provides paid transitional work, housing , educational opportunities, counseling and job training. people with histories of homelessness, incarceration and substance abuse, and Robert Sanborn Development.
The project will include 98 affordable housing units and associated services. There will be 49 apartments for people who are homeless and living with HIV/AIDS, and another 20 residences for people aged 62 and over.
The Plains housing development grant in Wakefield
The Doe Fund acquired private sector construction and permanent financing from Merchant’s Bank of Indiana and Freddie Mac, while Richman Housing syndicated tax credits.
The governor also introduced and secured a comprehensive new five-year, $25 billion housing plan in the recently passed state budget that will increase housing supply by creating or preserving 100,000 affordable housing units in New York City. , including 10,000 with support services for vulnerable populations, as well as the electrification of 50,000 additional households.
Also read: Construction begins on Hudson Piers mixed-use development in New York
Notes on the project
“Robert Sanborn Development is delighted to be part of The Plains, our second cooperation with The Doe Fund. The project exemplifies our continued commitment to creating smartly designed, state-of-the-art homes with integrated services,” remarked Robert.
“I applaud The Doe Fund for focusing on people’s wellbeing with this 98-unit development, which includes support services that reflect the investments in care centers that we need to do more of. The Bronx is the epicenter of New York’s terrible housing problem. Since the start of the epidemic, we have seen rising rents and a record number of evictions in the Bronx. It ends homelessness even further out of reach in the world’s richest country and is a political failure.
I am thrilled to support this project and will continue to advocate for more just, affordable and accessible housing through government funding, such as through my recently submitted bill, The Affordable CO-OP Act,” said Rep. American Jamaal Bowman.