Volunteers of America-Greater New York (VOA-GNY) celebrated the opening of a 118-unit affordable and supportive housing development in New York City.
Located in the Morris Heights neighborhood of the Bronx, YP Senior Residence helps address the needs of older adults by providing an opportunity to age in place, according to VOA-GNY, noting that 1 in 8 seniors in the area are living in poverty.
YP Senior Residence serves very low- and low-income residents 62 and older. Thirty-seven of the 118 apartments are reserved for chronically homeless seniors. All residents will benefit from rent subsidies.
The building was designed in partnership with Magnusson Architecture and Planning to address the need for a supportive community environment for seniors and features large communal spaces and lounges throughout the building to encourage socialization and combat isolation.
VOA-GNY will provide concierge resources and care coordination services that support residents in accessing on-site and off-site services. The low-income housing tax credit development also includes green and sustainable features, with a target of LEED for Homes Platinum certification.
The $81.5 million project received support from the New York State Housing Finance Agency, New York City Department of Housing Preservation and Development, New York State Homeless Housing and Assistance Program, New York State Homes and Community Renewal, New York State Office of Temporary and Disability Assistance, the Reso A funding program from Office of the Bronx Borough President, Bronx delegation of New York City Council, and New York State Energy Research and Development Authority.