PLG Affordable Build Is Waiting for Funding


    The Q at Parkside blog shares an update about the new development planned for 33 Lincoln Road in Prospect Lefferts Gardens, and it turns out the developers are still seeking funding. Here’s what developer Thomas Anderson told The Q: “HDC does its bond financing twice a year and, having wrapped up December, they are now planning their project list for this June. Together with my partner Alex Goldin and the support of the Chase Community Development Bank, we intend to make our presentation to them later this month. HDC has deferred our project twice previously, so we’re hopeful that the third time is a charm.” The proposal, which includes 133 units of affordable housing, already received the support of Community Board Nine.
    New Delay With Lincoln Road Building [The Q at Parkside]
    Affordable Build in PLG Gets Public Airing [Brownstoner]
    PLG Tower Plans Scratched for Nine-Story Rental [Brownstoner]

    What's Happening