Bronx Shepherds Restoration Corporation |
HOUSING One of the major goals of the organization has been to upgrade existing housing through gut or moderate rehabilitation. In 1985, this goal was realized with the purchase of a New York City owned property, which was completely renovated under the Community Management Program. The current market value of the property is in excess of one million dollars. This building serves as our cornerstone and is the “Genesis” of our development and rehabilitation programs. We have been able to leverage more than 35 million dollars in the development of housing for our low to moderate-income families in the South Bronx over the past 10 years to the homebuyers. HOME OWNERSHIP The Shepherds have sponsored approximately 500 units of home ownership housing in the past 10 years under the New York City Partnership Program. The total development cost of these properties exceeds 40 million dollars. Shepherds home ownership projects include: Site #1; is located at Valentine Avenue and 184th Street. These two-family Personality Homes project was Co-developed by Mr. Lloyd Price, AKA;Mr. Personality.; Site #2 ; is located at Rev. James Polite Avenue and 168th Street. These ;Shepherd Townhouses; include two-family homes with a full basement. Site #3; is located at 186th Street and Washington Avenue;Park Washington Homes; includes two-family homes constructed at this site. Site #4 ; consists of two-family homes known as ;Crotona Park South Homes; located at Franklin Avenue and Crotona Park South. These homes were targeted for low to middle income families with built in subsidies designed to assist this income group to purchase their own homes. Site #5 ; BSR sponsored and marketed over 267 condominiums at Melrose Court (156th St. and Brook Avenue, Bronx) in collaboration with the NYC Housing Partnership Small Homes Program. This effort allowed us to work closely with NYC Housing Preservation and Development (HPD) and private developers for the construction of these homes targeted for low to middle income families at various sites with-in the Bronx. The successful ;Melrose Commons; was the first condominium project sponsored by the NYC Housing Partnership, and the City of New York together with a local developer. Site #6 ; BSR sponsored 20 three family homes ; Willis Brook North (138th Street and Willis Avenue, Bronx). They are completely marketed and sold. Site #7 ; 203K program. The Shepherds are excited about this unique program. The 203K housing program is funded by the US Department of Housing and Urban Development (HUD). They assist prospective homebuyers who want to purchase properties within or outside of New York City. This program serves as a focal point for the continued rehabilitation of our communities by utilizing the stimulus of home ownership to activate additional rebuilding. REHABILITATED HOUSING LISC III ; (925 Union Avenue and 1180 Forest Avenue, Bronx) Rehabilitated housing financed through the New York City Department of Housing Preservation and Development and Tax Credits. The project is fully rented and the Bronx Shepherds are the owners. LISC IV ; (1380-82-84 Prospect Avenue, Bronx) Rehabilitated housing financed through the New York City Department of Housing Preservation and Tax Credits. The project is fully rented and the Bronx Shepherds are the owners. LISC VII ; This project is located in Community Board 5 and consists of the substantial rehabilitation of tax credit eligible units in 6 buildings that are scattered throughout the Morris Heights and Tremont Neighborhoods of the Bronx. Twelve of these units were set-aside for homeless families on public assistance. As of December 1997, all leases for this property were signed and the project remains fully occupied at this time. NRP- BSR worked with the New York City Department of Housing Preservation and Development to develop three buildings: 981 Union Avenue, 970 Tinton Avenue, and 796 East 163rd Street. All of them are tenanted. The original tenants were relocated during construction and returned to their apartments after the construction was completed. The project consists of 68 units of affordable standardize housing which will be made available to moderate and low-income families NEW CONSTRUCTION A. J. ARTHUR JONES - (1360 Clinton Avenue, Bronx) BSR was awarded 2 million dollars allocated through the Home Fund program, in order to construct new housing in the Morrisania section of the Bronx. Additional funding was provided by NYS Tax Credits and NYEF. The project was developed through the New York state Department of Community and Urban Renewal Program. As of November 1998 all leases were signed and the units are fully occupied. B. FRAIL ELDERLY - The Daniel Nickerson Arms project began over 6 years ago – Rev. Daniel Nickerson for whom the project is named, was still with us then. It took six years of perseverance and faith before we could break ground and begin construction. By the spring of 2002 a beautiful 46-unit facility will stand at the corner of 171st Street. and Park Avenue, Bronx N.Y. The Bronx Shepherds Restoration Corporation, the residents of our community and all who worked for and supported this effort can be extremely proud of this project. SOS Through the Special Incentive Program (SIP) and Occupied Sales Program (SOS), BSR owns and manages a building located at 1590 East 172nd Street, Bronx. It was previously operated under SIP, but is currently mixed with low-income housing. All apartments have been properly restored and painted. SIP BSR manages and owns a building at 942 Leggett Avenue, Bronx, N.Y. The building has been completely rehabilitated and operates at 100% occupancy. COMMUNITY CONSULTANT This NYC Housing Preservation and Development (HPD) contract allows BSR to work with landlords and tenants to prevent abandonment and homelessness. As a consultant, we help identify buildings that may be distressed. We reach out to landlords and assist them in obtaining loans and clearing violations. We also mediate landlord/tenant disputes. The goal of the program is to prevent landlords from leaving buildings, since abandonment will only cause reductions in the service to tenants and further disruption to all parties, not just the landlord and tenant but also to the neighborhood at large. In addition consultant contract enables us to work with tenant groups. CURRENT PROJECTS NRP We have been selected to participate in another round of NRP. We will be rehabilitating two buildings totaling 55 units. NRP SMALL HOMES PROGRAM BSR will be rehabilitating and selling 10 homes. Under this program, in conjunction with HPD and LISC. There will be a subsidy of $40,000 available to homebuyers. Three of these properties are landmarks. THIRD PARTY TRANSFER Properties that have been neglected and which have been taken over by the City of New York due to tax arrears will be rehabilitated and sold to first time qualified buyers. The Bronx shepherds will locate any existing tenants, determine the scope of work, and rehabilitate the buildings prior to the sale. of the buildings. |
Bronx Shepherds Restoration Corporation |
(718) 299-0500 |
(718) 299-1512 |