Rendering courtesy of Leong Leong
January 4, 2022
NYC unveils plan for 100% affordable homeownership development in Bed-Stuy
The city’s Department of Housing Preservation and Development last week announced their plan for the construction of a 100 percent affordable homeownership development in Bed-Stuy as part of the Bedford-Stuyvesant Housing Plan. HPD, along with Almat Urban and the Bedford-Stuyvesant Restoration Corporation, will work to develop the Norma, an 11-story mixed-use development that will bring 44 homeownership opportunities to first-time home buyers. Located on Fulton Street and Howard Avenue, The Norma will offer a mix of condo-style units ranging from one to three bedrooms designated for those with low to moderate household incomes.
See more
See more
