SBH Health System, L+M Development Partners and Hornig Capital Partners Break Ground on New Wellness and Affordable Housing Projec
By NY State Homes and Community Renewal -

SBH Health System (St. Barnabas Hospital), L+M Development Partners and Hornig Capital Partners joined New York State Homes and Community Renewal (HCR), New York City’s Department of Housing Preservation and Development (HPD), and Wells Fargo today to break ground on a new $156 million, mixed-use development on the SBH Health System campus that incorporates affordable housing with a range of on-site services aimed at easing health disparities and promoting wellness in the Bronx.


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NY State Homes and Community Renewal
http://www.nyshcr.org/

New York State Homes and Community Renewal (HCR) preserves housing affordability and works with many private, public and nonprofit sector partners to create inclusive, safe, “green,” and resilient places to live in New York State.

HCR is charged with carrying out the Governor’s $1 billion HOUSE NY plan and by leveraging New York’s federal and state community development resources, creating affordable housing opportunities statewide. HCR programs provide financing to create and preserve multifamily housing; administer programs to improve housing conditions, ensure accessibility, and save energy; provide bonding authority and other resources to facilitate local public improvements and job creation; and help thousands of low- and moderate-income New Yorkers purchase a home.

In New York City and adjacent counties, HCR enforces the State’s Rent Regulation Laws and protects the rights of tenants facing landlord harassment or rent overcharges.

Contact:

Phone: 1-866-ASK-DHCR(1-866-275-3427)

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