See some of our successful projects with partners in New York.
This new, Enterprise Green Communities certified, affordable housing development provides 296 elderly residents a beautiful place to call home.
Developed by Fordham Bedford Housing Corporation on underutilized land leased from the Ursuline Bedford Park Convent, the $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 partnered closely with Fordham Bedford throughout the development process, providing $3.6 million in acquisition and predevelopment support, $25 million in LIHTC 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
The project, developed by Jonathan Rose Companies, preserved and greened 198 existing homes to keep them affordable for Harlem residents.
The project was the first in the nation to benefit from HUD’s Green Retrofit Program (GRP) using stimulus funds.
The property is directly across the street from the historic Harlem YMCA and in close proximity to the New York Public Library’s Schomburg Center for Research in Black Culture, Harlem Hospital and a MTA subway station.
Enterprise provided $22.5 million in acquisition financing and $10.1 million in LIHTC 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 specifically for formerly homeless individuals and families.
The comprehensive services at Fox Point provide tenants support for their stability and promote individual and family well being and safety.
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 health, economic and environmental benefits of green development.
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.