HCR, HPD, HDC, The Hudson Companies And Camba Housing Ventures Celebrate Groundbreaking Of Phase II Of New Green Affordable Housing Development In The Spring Creek Section Of Brooklyn

    HCR, HPD, HDC, The Hudson Companies And Camba Housing Ventures Celebrate Groundbreaking Of Phase II Of New Green Affordable Housing Development In The Spring Creek Section Of Brooklyn

    rooklyn, NY – May 3, 2013 – (RealEstateRama) — The NYC Department of Housing Preservation and Development (HPD), New York State Homes and Community Renewal (HCR), NYC Housing Development Corporation (HDC), joined The Hudson Companies, and CAMBA/CAMBA Housing Ventures today to celebrate the groundbreaking of the next phase of the energy- efficient, mixed-use, affordable housing Gateway Elton Street development in the Spring Creek section of Brooklyn. The new buildings will be located at 516 and 524 Vandalia Avenue, and 526 Schroeders Avenue.

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    The New York City Housing Development Corporation (“HDC”) provides a variety of financing programs for the creation and preservation of multi-family affordable housing throughout the five boroughs of New York City.  HDC is implementing Mayor Bloomberg’s New Housing Marketplace Plan to build and preserve 165,000 units of affordable housing over ten years. The New Housing Marketplace Plan is the largest municipal affordable housing effort in the nation’s history.  HDC’s programs are designed to meet the wide-range of affordable housing needs of the City's economically diverse population.

    Contact:
    Christina Sanchez
    Phone: (212) 227-2644

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