Categories: Groundbreakings
09.20.2013
Bronx project to provide 65 units of supportive and low-income housing
On September 19, Comunilife broke ground on El Rio, its forthcoming supportive housing residence in the Bronx. The building will house 39 formerly homeless individuals with mental illness and 26 low-income individuals.
Upon completion in 2015, El Rio will mark Comunilife’s fourth supportive housing residence in New York City.
Thursday’s groundbreaking ceremony included a rich slate of guest speakers. Among those who took the podium were a number of elected officials, including Bronx Borough President Ruben Diaz, Jr., NYS Rep. Luis R. Sepúlveda, NYS Sen. Gustavo Rivera and a representative from the office of U.S. Rep. José Serrano. Also on hand to deliver remarks were Jessica Katz of the NYC Department of Housing Preservation and Development (HPD) and Comunilife President and CEO Dr. Rosa Gil.
HPD will provide Project Based Section 8 vouchers for the 39 formerly homeless residents living with mental illness. The remaining units will be available to individuals earning no more than 60% of the area median income (AMI). HPD will provide Low Income Housing Tax Credits, which will be syndicated by Red Stone Equity Partners. The agency will also provide federal HOME funding. The State will provide NYS Office of Temporary and Disability Assistance (OTDA) Homeless Housing and Assistance (HHAP) funding and the Bronx Borough President will provide nearly three quarters of a million dollars.
Congratulations to Comunilife on breaking ground on its latest supportive housing residence!
Photo caption: Partners gather at the groundbreaking for El Rio, a forthcoming supportive housing residence in the Bronx. Photo courtesy of Comunilife.