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NEW YORK CITY-More than 1,000 units of affordable housing will be developed in the South Bronx, according to the New York City Housing Authority and the Department of Housing Preservation and Development. Five teams with a total of seven developers have been selected to work on the NYCHA sites, which are expected to generate $29 million in revenue for the NYCHA.

Blue Sea Development was selected as the lead developer of a 101-unit building on the grounds of the NYCHA-owned Forest Houses and Dunn Development Corp. was selected as the developer of 220 units on the grounds of Highbridge Gardens. A partnership of TNS Development, PC Resources and Lemle & Wolff will develop 236 units of new housing on the grounds of Soundview Houses. Arista Development is lead developer of a 290-unit renovation of six NYCHA-owned buildings in the University Heights area, while Bronx Pro was selected as the lead developer of a 173-unit renovation of four more NYCHA-owned buildings in the University Heights area.

According to a release from HPD, preference was given to developers who proposed a range of affordability with competitive acquisition prices and the least amount of city subsidies, while maintaining the highest standards in sustainable design and quality of construction. The developments are the product of an ongoing collaboration between HPD and NYCHA.

“As the city’s population grows and the need for affordable housing increases, one thing that remains fixed is the supply of available land,” says outgoing HPD commissioner Shaun Donovan–who has been confirmed to serve as Secretary of Housing and Urban Development in the Obama administration–in a release. “This is why it is so important that we make full use of underutilized properties owned by city and state agencies.”

The South Bronx development sites will bring the Bloomberg administration 1,000 units closer to its stated goal of building or preserving 165,000 units of affordable housing. The city’s New Housing Marketplace Plan is reportedly the largest municipal housing plan in the US.

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