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HELP Crotona Park

Sterling National Bank - Yonkers, New York

2020 Community Commitment Awards Submission

  • Entry Category: Affordable Housing
  • Asset Size: Medium

Crotona LGBT Housing is a newly constructed 7-story elevator serviced residential building with 84 units located at771-775 Crotona Park North, in the Bronx Borough of New York City. The residential unit mix includes 53 studio, 30one-bedroom, and 1 one-bedroom superintendent's unit. All of the units are in compliance with the federalLow-Income Housing Tax Credit (LIHTC) requirements of Section 42 of the Internal Revenue Code and restricted tohouseholds earning at or below 57% of the area median income (AMI). Twenty-six (26) units are set-aside forhomeless individuals, and all units benefit from a project-based Section 8 Housing Assistance Payment contractcommitted by New York City's Department of Housing Preservation and Development. Crotona LGBT is marketed as LGBT friendly to create a safe and inclusive environment for LGBT seniors to age-in-place, and who have often experienced housing discrimination or insecurity based on their sexual orientation. Crotona LGBT Senior Housing was the first and currently sole, housing marketed for LGBT seniors in Bronx NY. Along with California, New York City has the largest population of LGBT seniors in the country. Onsite supportive services are provided by SAGE (Services & Advocacy for LGBT Elders), a nonprofit advocacy organization and service provider for the LGBT community, particularly in affordable housing.