Adaptive reuse of 3-story historic building and construction of 2 new buildings resulting in a 76-unit affordable housing development. Reserved for those earning 40-80% of the AMI with 12 apartments set aside for formerly homeless individuals. Amenities include community rooms, laundry facilities, bike storage, a library/computer lab, outdoor recreation areas, and roof garden.
Project Size: 50+ Units
Completed: 2019
Cost: $31000000
Location: Brooklyn, NY
Affordable Housing and Shelter on Faith Land Database
Our Lady of Lourdes Apartments
Project & Congregation Details
Congregation Information
House of Worship: Our Lady of Lourdes Convent
Denomination: Catholic
Leadership: RiseBoro Community Partnership and Georgia Green Ventures.
Location Information
State: NY
City: Brooklyn
Geography: Urban
Neighborhood: Bushwick
Project Information
Approval: 2015
Completed: 2019
Cost: $31000000
Developer: RiseBoro Community Partnership and Georgia Green Ventures.
Architect: OCV Architects
Social Services Provider: RB Housing
Land: Sold
Housing Type: Supportive
Funding
Local
$3.6 million from New York City Department of Housing Preservation and Development; $2.5 million award from New York City Councilmember Rafael Espinal and Borough President Eric Adams
State
$1.3 million subsidy from New York State Homes and Community Renewal; $76,000 from New York State Energy Research and Development Authority
Federal
Low-Income Housing Tax Credits with $15 million in equity
Other
Greystone and Bank of America;