St. Ann’s Apartments

The St. Ann’s Apartments Year 15 project consists of the preservation and moderate rehabilitation of 90 units of existing affordable housing in the South Bronx. Spread across six different buildings the project was initially developed with low income housing tax credits in the late 1990’s.

The project will provide a series of improvements to the portfolio including new R44 roofs, condensing boilers, energy efficient windows, facade repairs, LED lighting upgrades, and other cosmetic upgrades. All of the units will remain income restricted to households earning no more than 60% and 80% AMI for an additional 40 years.

590 East 169th Street (7 units)

1061 Intervale Avenue (31 units)

839 East 156 Street (8 units)

946-948 Leggett Avenue (16 units)

218 St. Ann’s Avenue (12 units)

590 East 138th Street (16 units)

Construction Start - September 2019

Completion Date- September 2021

Program- HPD Year 15

Architect - SLM Architecture P.C. Design Solutions

Construction Lender - NYC HDC

Equity Investor - Community Preservation Corporation