Brooklyn Borough President Eric L. Adams on Tuesday celebrated his Fiscal Year 2019 (FY19) capital budget allocation of $3,026,000 for affordable housing across the borough, supporting the development and maintenance of more than 550 new and existing units across Brooklyn.
The funding, which brings his affordable housing capital investment since the beginning of his administration to more than $20 million, includes grants to create and preserve low-income housing for seniors, formerly homeless individuals and families, as well as to help develop community facility, communal and green roof spaces.
Adams made the announcement in Sea Gate at the site of Abraham Residence I, a 75-unit single room occupancy independent living facility for formerly homeless seniors 55 years of age and older.
Adams said the residence is managed by Met Council, the country’s largest Jewish community organization providing support for those in need.
“Brooklynites need more than a home for the holidays; our borough needs affordable housing year-round,” he said. “We need to protect our vulnerable populations fighting to stay in their homes, like the elderly, the poor, veterans, and the disabled.
“People should not have to be forced to leave their homes, because they cannot afford to live in their neighborhoods where they have lived for decades,” he added. “My administration will continue to robustly invest in affordable housing creation and preservation, because every Brooklynite deserves a safe place to call home that they can afford regardless of their income or background.”
“Thanks to Borough President Adams’ investment, Met Council will be able to help house the most vulnerable New Yorkers,” said David G. Greenfield, chief executive officer of Met Council. “This allocation will allow the 75 residents of Met Council’s Abraham I, who have formerly experienced homelessness, to continue to reside in beautiful accommodations in Sea Gate.”
Adams’s FY19 affordable housing capital budget also included $1 million to Love Fellowship Tabernacle for the construction of a 189-unit, mixed-use, 11-story building at 2435 Pacific Street in Brownsville; $526,000 to Catholic Charities Progress of Peoples Development Corporation for the construction of the communal and green roof spaces at Our Lady of Loreto Project Phase 2 in Brownsville, which will deliver 102 units of housing; and $500,000 to the Hanson Place Church Support Corporation for the development of 100 affordable housing units and a community facility space at Hanson Place Community Plaza in Fort Greene.
Recipients of FY19 budget allocations participated in a presentation of ceremonial checks, including an oversized check made out to One Brooklyn for affordable housing across Brooklyn.