New Housing For The South Bronx

The winner of the Bloomberg administration’s first juried competition for affordable and sustainable housing is the group of architects and developers Phipps, Rose, Dattner, and Grimshaw. Through the New Housing New York Legacy Project they have an agreement to develop a vacant NYC-owned property in the South Bronx that they’re calling “Via Verde.” It will house 202 residential units, in addition to retail and community spaces, and parking. If you like greenspace and heights, this place will be for you. A series of elevated park spaces will cover the tops many of the structures and will also serve to help insulate the buildings and collect rain-water. See all the “affordable” parts of the this green and sustainable plan below.

As proposed, the Via Verde will consist of both rental and homeownership units affordable to households of four earning from $28,360 up to $92,170 or $19,840 up to $64,480 for a single household. Approximately two-thirds of the housing units will be rental and affordable to families of four earning up to $56,700 or up to $39,700 for a single household. All sixty-three of the homeownership units will be affordable to households of four earning up to $92,170 or up to $64,480 for a single household. The proposal assumes that the rental units will be funded through a combination of the Housing Development Corporation’s (HDC) New Housing Opportunity Program and Low Income Housing Tax Credits, and that the homeownership units will use HDC’s Affordable Co-op Program and New Market Tax Credits. The Via Verde development is part of Mayor Bloomberg’s $7.5 billion New Housing Marketplace Plan to build or preserve 165,000 units of affordable housing over ten years, the largest municipal affordable housing plan in the nation’s history.

More Pictures Of The Project (Rose Companies)
Working-Class Housing Rises as Part of the Greenery (NY Times)
NYC Press Release (HPD)
New Housing New York Legacy Project (AIANY)