BY BEN VERDE
A 100-percent affordable
housing development
in Crown Heights is inching
closer to reality after local
land use gurus blessed
a scheme to transfer public
land to a non-profi t housing
provider.
Members of Community
Board 8’s Land Use Committee
voted unanimously on
Thursday to endorse the plan,
which would transfer a large
city-owned lot on Prospect
Place near Buffalo Avenue to
the Settlement Housing Fund,
a non-profi t provider of affordable
housing.
“This is a very welcome
project,” said Ethel Tyus, the
chairwoman of Community
Board 8.
The eight-story development,
around the corner
from the Weeksville Heritage
Center will contain 45 units,
including 22 studios, eight
one-bedrooms, and 15 twobedroom
apartments. Rents
will be as low as $377 a month
for some studios, with prices
3guysfrombrooklyn.com
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SPECIAL!
SALE STARTS: 11
12/11 7AM -12/16 7PM
COURIER L 4 IFE, DEC. 13-19, 2019
capping out at $1,623 a month
for a two bedroom.
26 of the 45 units will be
reserved for seniors, while
eight will be set aside for the
formerly homeless. The building
will include a landscaped
garden in the back of the lot,
as well as a community room,
bike storage, and a shared terrace.
The remaining units will
be offered to residents making
between 30 and 60-percent
of New York City’s area median
income, a fi gure calculated
by the US Department
of Housing and Urban Development,
which is currently
pegged at $96,100 for a family
of three.
However, the president for
Settlement Housing Fund, Alexa
Sewell, told board members
that the nonprofi t actively
pursues state and city subsidies
on behalf of would-be
tenants in an effort to qualify
them for units targeted at
higher income brackets.
“We very actively help
our residents get subsidies,
and those subsidies count towards
a persons income,” said
Sewell. “We very often may
rent a 50 percent AMI unit to
a person or a household whose
actual income is quite a bit
less than that, but with the
housing subsidies, they can
afford that higher rent.”
The developer’s deal with
the city requires Settlement
Housing Fund to provide affordable
housing there for at
least 40 years. If a future landlord
were to want to make the
housing market rate, they
would have to go through
an onerous process and pay
off several loans. Settlement
Housing reps pledged that the
units would remain affordable
rentals, and would never
be turned to condos or market
rate units.
The Crown Heights Affordable
Housing development
is as of right so it does
not require a rezoning once
the land swap is certifi ed. Developers
estimate the project
will take 18-24 months once it
is approved.
The building will go up around the corner from the Weeksville Heritage
Center and will contain 100 percent affordable units.
Illustration by Edelman Sultan Knox Wood/Architects LLP
Actually affordable
Housing development features studios at $377 per month
ORGANIC
ORGANIC
GREAT DEAL!
While supplies last. Not
responsible for errors.
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