Thursday, October 19, 2023

Governor Hochul Announces Completion of 72-Unit Affordable and Supportive Housing Development in the Bronx

A ribbon cutting at HELP Home Simpson Affordable Apartments

HELP Home Simpson Offers Affordable Apartments with On-Site Supportive Services for 44 Formerly Homeless Adults

Development Includes Food Pantry and Community Services from St. Peter’s Deliverance Ministries

Governor Kathy Hochul today announced the completion of a 72-unit affordable and supportive housing development in the Foxhurst section of the Bronx. HELP Home Simpson replaces a one-story church building with an energy-efficient development that includes commercial space for St. Peter’s Deliverance Ministries to operate a food pantry and provide community services.

“With the completion of HELP Home Simpson, more than 70 Bronx families will now have a safe, modern, and affordable place to call home," Governor Hochul said. “My administration remains committed to increasing the supply of quality affordable housing, expanding access to critical support and services, and working closely with local organizations and service providers to ensure that all New Yorkers – particularly New Yorkers experiencing homelessness – have the security and stability they need to thrive."

In the last five years, New York State Homes and Community Renewal has created or preserved 14,700 affordable homes in the Bronx. HELP Home Simpson continues this effort and complements Governor Hochul's $25 billion comprehensive Housing Plan to create or preserve 100,000 affordable homes across New York, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes.

The seven-story building offers 72 apartments affordable to households earning at or below 60 percent of the Area Median Income. Forty-four apartments are reserved for chronically homeless single adults in need of supportive services to live independently. These residents will have access to services funded by the New York City 15/15 Initiative and provided by HELP USA, Inc.

The building’s ground floor features 8,500 square feet of commercial space for use by St. Peter’s Deliverance Church to conduct their ministry and community programs, including a food pantry and educational programs. Residential amenities include a roof terrace, bike storage and laundry facilities.

The building was designed to meet the heightened energy efficiency standards of the New York State Energy Research and Development Authority Multifamily New Construction Program. Features include energy efficient windows, Energy Star appliances and lighting, and a partial green roof.

The development team consists of HELPDevCo, CMC Development LLC, and St. Peter’s Deliverance Ministries Church.

State financing for the $33 million development includes $17.5 million in Low-Income Housing Tax Credits from HCR and $63,200 from NYSERDA. The New York City Department of Housing Preservation and Development provided $6 million from the Supportive Housing Loan Program. The Community Preservation Corporation will provide $7.6 million under Freddie Mac’s permanent loan program.

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