November 19, 2021

HPD joined development partners to open an affordable housing development serving victims of domestic violence and broke ground on 2 new projects  

NEW YORK – The New York City Department of Housing Preservation and Development (HPD) this week celebrated the completion of The Corden, a 62-unit supportive housing development in the Bronx, and the start of construction on Rheingold Senior Residences and River Crest, which will bring 906 new affordable homes to the Bronx and Brooklyn, including in the Jerome Ave rezoning areas. These new projects are a result of this administration’s record breaking housing plan, a critical pillar of Your Home NYC, the Mayor’s comprehensive approach to helping New Yorkers get, afford, and keep their homes. By the end of Fiscal Year 21, the City had financed 194,480 affordable homes since 2014, and remains on track to create or preserve 300,000 affordable homes by 2026 or 200,000 affordable homes by the end of the administration.

“Another week, hundreds more quality affordable homes completed thanks to our agency partners,” said Vicki Been, Deputy Mayor for Housing and Economic Development. “As we close out the year with the expectation to meet our goal of 200,000 homes financed in this Mayoral Administration, I want to congratulate HPD and HDC on their incredible work making a recovery for all a reality for New York City residents.” 

Since the start of the Mayor’s Housing Plan, New York City has used every possible tool to create housing opportunities,” said HPD Commissioner Louise Carroll. “These three projects represent the City’s commitment to continuing to provide vulnerable New Yorkers with affordable housing with supportive services to help them thrive and our progress in unlocking new housing capacity through rezonings. The buildings themselves are designed to promote health, sustainability, and vibrant neighborhoods.” 

The Corden is a 62-unit supportive housing development that exemplifies the Agency’s work to finance affordable housing developments that support the most vulnerable New Yorkers. On Wednesday, New Destiny Housing, the developer and service provider, celebrated The Corden’s opening in the Longwood neighborhood of the Bronx, touting its green roof, secured landscaped courtyard with a children’s play area, and services designed to meet the needs of families fleeting domestic violence.  

Rheingold Senior Residences will be a 94-unit senior affordable housing development in the Broadway Triangle neighborhood of Brooklyn. On Friday, Southside United HDFC (Los Sures) and Churches United for Fair Housing (CUFFH) broke ground on the old Rheingold Brewery site to begin work on a sustainable senior living community built to Passive House standards, in line with the City’s commitment to producing developments designed to advance health and sustainability goals.

River Crest is a two-phase development in the Jerome Ave rezoning area, which are made up of 250 affordable homes each as well as thousands of square feet for community facility and commercial space. The first phase is already under construction, and phase two broke ground on Thursday. Developer Maddd Equities is also working on a supportive housing project with Community Access across the street for a total of nearly 750 affordable homes under their development.  

"We are thrilled to celebrate the opening of The Corden today, adding much needed affordable housing to the community, and providing safe, beautiful new homes with trauma-informed services for our families who have had to endure the unimaginable," said Nicole Branca, Executive Director of New Destiny Housing. “Never has supportive housing for families - and domestic violence survivors especially - been more important as we climb out of the pandemic and begin to grapple with the long-term effects on our most vulnerable families." 

“Southside United HDFC – Los Sures commitment to seniors in our community remains a priority for our organization,” said Juan Ramos, Executive Director of Los Sures. "This development will provide affordability and direct services needed to protect the aging and vulnerable population in our city and its energy saving design will help preserve the planet for their grandchildren.” 

“Rheingold Senior Residences will provide much needed deeply affordable housing and direct services for our seniors in Bushwick,” said Rob Solano, Executive Director and Co-Founder of CUFFH. “Churches United for Fair Housing is proud to have played its part in bringing about these age-friendly apartments alongside project partners. Our hope is that these residences, with their sustainable design, will remain a standard in the continuation of providing affordable supportive housing for our aging communities.” 

“We’re happy to continue to be a part of the positive transformation of the neighborhood as we bring new affordable housing opportunities to families in the Jerome Ave community,” said Jorge Madruga, Principal at Maddd Equities. 

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The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and diverse, thriving neighborhoods for New Yorkers through loan and development programs for new affordable housing, preservation of the affordability of the existing housing stock, enforcement of housing quality standards, and educational programs for tenants and building owners. HPD is tasked with advancing the goals of the City’s housing plan – a critical pillar of Your Home NYC, Mayor de Blasio’s comprehensive approach to helping New Yorkers get, afford, and keep housing in these challenging times. For full details visit www.nyc.gov/hpd and for regular updates on HPD news and services, connect with us on Facebook, Twitter, and Instagram @NYCHousing.