Affordable Housing in the Bronx
Crossroads Plaza is a 425-unit phased mixed income, mixed-use development in the Mott Haven section of the Bronx. It consists of three affordable housing buildings as well as a 20,000-square-foot pedestrian plaza, three retail spaces totaling 60,000 square feet, and a children’s playground. The commercial spaces include community benefit tenants, such as a healthcare facility, Universal Pre-Kindergarten program, and The Foundling, which provides family and children social services. The project was completed in collaboration with the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC). Two of the three buildings utilize the HPD mixed middle income program, with AMIs ranging from 40% to 130%. The third utilizes the Low-Income Housing Tax Credit program, with rents as low at 40% of AMI.