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Franklin Avenue Residence Ribbon Cutting

Categories: New York City, Member News, Openings

11.06.2014

Lower Eastside Service Center (LESC) recently celebrated the opening of Franklin Avenue Residence, a beautiful new supportive housing residence in the Bronx.



President and CEO of Lower Eastside Service Center Valerie C. Walters cuts the ribbon.

Lower Eastside Service Center (LESC) recently celebrated the opening of Franklin Avenue Residence, a beautiful new supportive housing residence in the Morrisania neighborhood in the Bronx, with 71 units of permanent housing for formerly homeless individuals as well as 27 studio apartments for low-income individuals from the community.

Speakers at the ribbon cutting ceremony included LESC’s President & CEO Valerie C. Walters, as well as Darryl C. Towns, Commissioner and CEO of NYS Homes and Community Renewal (HCR) and Vicki Been, Commissioner of the NYC Department of Housing Preservation and Development (HPD).

Commissioner Been, the Network’s 2014 Government Partner of the Year, said “the de Blasio Administration’s Housing New York plan made a commitment to assist homeless individuals and families by providing opportunities for permanent housing. I would like to thank the Lower Eastside Service Center for doing so much to provide a much needed life-line for individuals seeking permanent housing solutions.”

Commissioner Towns commented "Governor Andrew Cuomo has demonstrated his strong commitment to supportive housing, which serves communities like this one with care and sensitivity. We also know that supportive housing also saves the state significant money over the long term.”

Franklin Avenue Residence represents the successful collaboration of many partners including the New York City Department of Homeless Services, Corporation of Supportive Housing, Richman Group, Sherman Law, Wavecrest Management, and A. Larovere Consulting, LLC.

Capital funding for Franklin Avenue Residence was provided by the New York City Department of Housing Preservation and Development (HPD) and the New York State Homes and Community Renewal (HCR) as well as the Federal Home Loan Bank and the New York State Energy Research and Development Authority (NYSERDA).

On-site services at Franklin Avenue Residence are funded through the New York City Department of Health and Mental Hygiene. Harden Van Arnam was the architect; J. Pila the contractor; and the Richman Group syndicated the tax credits. Congratulations, everyone, on a lovely new addition to the neighborhood!

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