Categories: Member News, Openings
04.07.2022
On March 30th , New Destiny Housing and Georgica Green Ventures joined community and development partners to celebrate the opening of a new affordable/supportive housing residence, Raven Hall.
Located in Coney Island, Brooklyn Raven Hall is creating 216 new affordable and supportive housing apartments, including 77 supportive for survivors of domestic violence and families experiencing homelessness. Support services are provided by New Destiny Housing, funded by the Empire State Supportive Housing Initiative administered by the New York State Office of Temporary and Disability Assistance.
Raven Hall features a community room with a large terrace, a fitness facility, children’s room, and laundry room. The building's ground floor is retail space; it is located 500 feet from Coney Island Beach and Boardwalk and major bus and transit lines.
New Destiny Executive Director Nicole Branca said: “Providing affordable, permanent housing with trauma-informed services is the single most effective response to ending homelessness caused by domestic violence.”
Dave Gallo, President of Georgica Green Ventures said, “The GGV team is honored to provide this much needed affordable housing and housing for survivors of domestic violence in historic Coney Island! We are grateful to our many dedicated partners and the public/private partnership that helped us bring this vision into reality.”
“The state’s investment in Raven Hall will continue the revitalization of Coney Island as a vibrant and diverse beachfront community and an even better place to live,” said RuthAnne Visnauskas, Homes and Community Renewal commissioner. “With 216 apartments and retail space, residents will be able to live affordably and comfortably just steps from the historic boardwalk.”
“Safe, quality, affordable housing is what helps communities thrive,” said Lauren Wolf, Vice President of Real Estate Transaction Services at New York City Economic Development Corporation (EDD).
"We're right now in the early stages of the administration, and really all of the solutions that can bring new affordable and supportive housing approaches to the table are being considered," said Brendan McBride, Associate Commissioner for New Construction at NYC Department of Housing Preservation and Development (HPD).
“Today is a new beginning for 216 families, including the 77 formerly homeless families,” said Council Member Ari Kagan.
Financing for the project came from NYC HPD ELLA, Federal and State Low-Income Housing Tax Credits, and NYS HCR.
The architect is Stephen B. Jacobs Group and the general contractor is_ West 20th Construction LLC
Press Coverage:
https://www.cbsnews.com/newyork/news/raven-hall-coney-island/
https://urbanize.city/nyc/post/133m-mixed-use-project-opens-coney-island