BROOKLYN, NY, October 20, 2021 — IMPACCT Brooklyn, Northeastern Conference of Seventh Day Adventists, Enterprise Community Partners, NYC Housing Preservation & Development, TD Bank, Community Preservation Corporation and community members today celebrated the groundbreaking of the new Senior Residence at 811 Lexington Avenue, Brooklyn. The project will create a new 64-unit apartment building on land formerly occupied by a parking lot and a vacant, two-story industrial building that was the old Mars Fudge and Fruit Company building. The development will be a long-awaited affordable housing complex tailored for senior living. Located in Bedford-Stuyvesant, Brooklyn, this new four-story building will provide rent-subsidized housing for low-income seniors earning less than 60% of the area median income, with at least 30% of units set aside for seniors at risk of homelessness. This project represents an investment of $36 million in affordable housing in Bedford-Stuyvesant.
The groundbreaking was attended by City Councilmember Robert Cornegy of the 36th District, NYS Assembly Member Stefani Zinerman of the 56th District, and Borough President’s Director of Capital Budget, Candice Julien.
“IMPACCT Brooklyn is a developer of affordable and supportive housing for over two decades and now we are embarking upon Senior Housing following the need within the community we serve,” said Bernell Grier, IMPACCT Brooklyn Executive Director.
The new 811 Lexington Avenue building will include 63 rent-subsidized housing units tailored for affordable senior living and 1 superintendent’s unit, as well as a multi-purpose community room, laundry room, office on the lower level, and twenty exterior parking spaces on the ground level for church usage. In addition, the development will include a 503 square foot recreation room on the roof level opening out into a landscaped roof garden. Additionally, seating areas, a patio, and paths will enhance the experience for those accessing the garden by incorporating active design elements.
“We’re thrilled to support this innovative project, which will provide much-needed affordable housing for seniors in Bed-Stuy,” said Baaba Halm, Vice President and New York market leader for Enterprise Community Partners. “This development will be a true community asset to the entire neighborhood, and we look forward to its completion. We applaud IMPACCT Brooklyn, Northeastern Conference of Seventh Day Adventists, NYC Housing Preservation & Development, TD Bank, Community Preservation Corporation and all the partners who supported this exemplary project.”
The building is expected to be completed in 2023. For more information on leasing and how to apply for housing, visit www.impacctbrooklyn.org.
About IMPACCT Brooklyn
IMPACCT Brooklyn, also known as the Pratt Area Community Council, is a community development corporation committed to helping residents build and sustain flourishing communities in Fort Greene, Clinton Hill, Bedford Stuyvesant, Crown Heights, and Prospect Heights. Their mission is to preserve and develop safe and affordable housing, a basic human right; to support vibrant local commerce through which small businesses serve the needs of community residents; to sustain and develop an economic, racial, and cultural diversity to enrich the lives of all; to promote knowledge, initiative, and concerted action to advance individual and common interests; and to foster an ethic that all members of the community bear personal responsibility to contribute to the greater good.
About Enterprise Community Partners
Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $44 billion and created 781,000 homes across all 50 states – all to make home and community places of pride, power and belonging. Join us at www.enterprisecommunity.org.