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City Invests $6.4 Mil for Rundown Properties in Fordham

MAYOR BILL DE BLASIO speaks to reporters in Fordham over a $6.3 million infusion for an affordable housing building.  Photo by David Cruz
MAYOR BILL DE BLASIO speaks to reporters in Fordham over a $6.3 million infusion for an affordable housing building.
Photo by David Cruz


By JASMINE GOMEZ 

Mayor Bill de Blasio’s latest effort to maintain affordable housing in the Bronx under his citywide Housing New York Plan includes a 30-year affordable rent agreement for four Bronx buildings.

De Blasio, flanked by elected officials and Department of Housing Preservation and Development commissioner Vicki Been, stopped by 2432 University Ave. on April 14 to assess one of the buildings undergoing repairs, a result of a $6.4 million city investment that will go towards improving conditions at these aging buildings. Fordham Bedford Housing Corporation, owners of multiple buildings in the northwest Bronx, have taken ownership of the building thanks to financing from city and state agencies, along with bank institutions.

Before meeting with reporters, de Blasio met with a Dominican family of immigrants inside the rundown building. He spoke with a woman who went by Shaydee, along with her mother, and sister, all tenants in the nearly 100-year-old building that showed signs of disrepair.

“This is a building that has been slowly but surely falling apart, despite the fact that there are hardworking New Yorkers in it. Badly needed repairs,” said de Blasio. “The doors were broken. It was rodent-infested. The plumbing was faulty. The electrical was faulty. The roof was falling. So many problems and the families hung on and did the best they could under very adverse circumstances.”

Some of the 106 apartments located in these buildings will receive new kitchens, bathrooms, flooring, or Energy Star appliances, while repairs and upgrades will be made to the masonry, electrical and plumbing systems, lobbies and common spaces, windows, and doors of the buildings.

The Mayor’s Housing Plan New York includes lofty steps to preserve and build 200,000 affordable rental units in all five boroughs over the next decade, in order to assist low-middle income New York City residents. Last year, the city exceeded first year projections by preserving 11,185 units and securing financing to build 6,191 new apartments, 1,300 more affordable units than what was originally predicted. Incentives for building owners to take part in these city and state programs include the provision of tax-exempt bonds and low-income taxing credits.

De Blasio backed his claims of affordability under his plan by explaining that large families of four, five, or six in a three-bedroom apartment would pay no more than $1,247, rent comparatively low to other three bedroom apartments in the city. Rent payments will be catered to the average median income of its buildings’ residents.

“That’s actually affordable for hardworking, struggling people,” said de Blasio. “That’s what’s going to happen here.”

Welcome to the Norwood News, a bi-weekly community newspaper that primarily serves the northwest Bronx communities of Norwood, Bedford Park, Fordham and University Heights. Through our Breaking Bronx blog, we focus on news and information for those neighborhoods, but aim to cover as much Bronx-related news as possible. Founded in 1988 by Mosholu Preservation Corporation, a not-for-profit affiliate of Montefiore Medical Center, the Norwood News began as a monthly and grew to a bi-weekly in 1994. In September 2003 the paper expanded to cover University Heights and now covers all the neighborhoods of Community District 7. The Norwood News exists to foster communication among citizens and organizations and to be a tool for neighborhood development efforts. The Norwood News runs the Bronx Youth Journalism Heard, a journalism training program for Bronx high school students. As you navigate this website, please let us know if you discover any glitches or if you have any suggestions. We’d love to hear from you. You can send e-mails to norwoodnews@norwoodnews.org or call us anytime (718) 324-4998.

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