CITY AND STATE OFFICIALS JOIN WORKFORCE HOUSING GROUP AND PROJECT PARTNERS TO CELEBRATE THE COMPLETED REHABILITATION AND PRESERVATION OF 139 AFFORDABLE APARTMENTS IN THE BRONX

Extensive rehabilitation and preservation of 1380 University is financed under HDC’s LAMP preservation program, leveraging City subsidy with tax-exempt bond proceeds and LIHTC equity Located in the Highbridge section of the Bronx, residents of this hundred percent affordable housing development will benefit from long-term affordability for at least an additional 30 years