Stimulus Funding for Flatbush Affordable Housing

Using money from the American Recovery and Reinvestment Act’s Tax Credit Assistance Program, the city’s Department of Housing Preservation and Development earlier this week announced that ten affordable housing projects around the city would receive a total injection of more than $28 million; the ten projects would collectively add 600 units of housing. Just one of the projects is in Brooklyn, reports The Eagle. It’s a 53-unit development planned for 97 Crooke Avenue in Flatbush. The $2,239,000 in government funding will go to construct 32 units of supportive housing and 21 units of affordable housing for those making 60 percent of the area median income.
B’klyn Housing Benefits From Stimulus Funding [Brooklyn Eagle] GMAP