Developed by Fordham Bedford Housing Corporation on underused land leased from the Ursuline Bedford Park Convent, this $68 million project features an 8,000-square-foot green roof and 23,000 square feet of ground level landscaping.
Serviam Gardens provides seniors with access to essential services and an opportunity to age in place close to their family and friends.
Enterprise worked closely with Fordham Bedford throughout the development process and provided $3.6 million in acquisition and predevelopment support, $25 million in Low-Income Housing Tax Credit equity, $75,000 in grant funding, the technical expertise of full-time Enterprise Rose Architectural Fellow Esther Yang and a collaborative partnership with desigNYC.
West 135th Street Apartments
This apartment complex, developed by Jonathan Rose Companies, preserved and greened 198 existing homes to keep them affordable for Harlem residents.
West 135th Street Apartments was the first project in the nation from the U.S. Department of Housing and Urban Development's Green Retrofit Program (GRP) using stimulus funds.
The property is directly across from the historic Harlem YMCA and in close proximity to the New York City Public Library’s Schomburg Center for Research in Black Culture, Harlem Hospital and a subway station.
Enterprise provided $22.5 million in acquisition financing and $10.1 million in Low-Income Housing Tax Credit equity to the project.
Fox Point, developed by Palladia, Inc., provides 47 safe, sustainable and affordable homes for residents in the South Bronx, including 31 homes reserved for formerly homeless individuals and families.
Fox Point's comprehensive sevices support residents' stability and promote their mental health and well being.
Fox Point offers many on-site amenities, including 24-hour security, outdoor terraced areas, a library, a computer room and a play yard.
As a part of Enterprise’s Green Communities program, Fox Point enables low- and moderate-income residents to reap the increased health, economic and environmental benefits.
Enterprise provided technical expertise for Fox Point, as well as $9 million in Low-Income Housing Tax Credit equity and a $50,000 Enterprise Green Communities grant.