At a time when most developers are trying to figure out what to do about all of the New York City Housing Authority buildings sitting smack in the middle of (read: getting in the way of) their precious gentrification-land, lo and behold a brand new-NYCHA complex is about to rise!
Yes, the City of New York and real estate developer Trinity Financial Inc. recently have broken ground on a 12-story, 180-unit affordable housing development in Brownsville.
The new complex is called Van Dyke III (formerly Dumont Commons), and will be next in line to be added to NYCHA's Van Dyke Houses campus, a sprawling collection of 23 brick buildings originally developed in the 1940s and '50s. Completion of Van Dyke III is expected in the spring of 2021.
Amenities will include a computer lab, rear roof terraces, a fitness room, along with a variety of community spaces; a daycare center operated by the Friends of Crown Heights; and a community health clinic run by the Brownsville Multi-Service Family Health Center.
Located at 405 Dumont Ave., the building will offer 56 studios, 52 one-bedroom units, 43 two-bedroom units, and 28 three-bedroom units, serving low-income and extremely low-income households.
Fifty-four units will be reserved for formerly homeless households through Mayor de Blasio's NYC 15/15 supportive housing initiative, as one in five children and families are living in homeless shelters . Brooklyn Borough President provided $800,000 in Resolution A funds; Goldman Sachs was the tax-credit investor; and Citi Community Capital provided a standby letter of credit.
Nonprofit organization CAMBA will provide support services for these individuals.
The project comes after CAMBA and its development arm CAMBA Housing Ventures expanded Van Dyke Houses by building 603 Mother Gaston Blvd., a $56 million affordable and supportive housing community with 101 apartments.
