1546 East New York Avenue
In collaboration with Family Services Network of New York, Inc., a 501(c)3 health services provider, Xenolith Partners is developing 95 units of supportive and affordable housing at 1546 East New York Avenue in Brooklyn, NY, in addition to a 5,000 SF ground-floor community facility space that will be operated by FSNNY to offer health services to the public.
Of the total units, 60% will be supportive with wrap-around services provided by FSNNY for those with Severe Mental Illness (SMI), Substance Use Disorder (SUD), and HIV/AIDS. The balance of the units will be set aside for households earning 40-80% of the area median income (AMI).
All residents will have access to a fitness room, community room with an outdoor terrace, Energy Star appliances, laundry facilities and a bike room.
The project will be funded with a combination of HCR 9% LIHTC, HCR Supportive Housing Opportunity Program (SHOP) funds, HPD Supportive Housing Loan Program (SHLP) funds, Reso A funds, and private debt.
Mixed-Use: Supportive Housing, Affordable Housing, and Community Facility
Xenolith Partners LLC and Family Services Network of New York, Inc.
Total Development Cost
1546 East New York Avenue, Brooklyn, NY
Construction Start November 2020
95-unit building with a 5,000 SF