FOR IMMEDIATE RELEASE: December 10, 2014n
CARDINAL DOLAN AND MAYOR DE BLASIO ANNOUNCE NEW OPPORTUNITIES FOR AFFORDABLE HOUSING
Aware of the housing crisis in New York City, Cardinal Timothy Dolan and Mayor Bill De Blasio will break ground at Artsbridge, a community housing development with 60 apartments for low-income persons at 62 years and older, and outline their vision for ways in which untapped resources can be brought to develop new opportunities for affordable housing. They will be joined by other prominent leaders in the faith community, government and the private sector
Where: Artsbridge, 172nd Street and Plimpton Avenuen
in the Highbridge Section of The Bronxn
When: Thursday, December 11, 2014n
Time: 11:00 a.m
The Cardinal in partnership with the Mayor and the City of New York, will affirm his commitment to exploring new ideas for creating more and better housing for those with special needs and for families who have been over-crowded and priced out
The public sector – City, State and Federal Government – as well as the private sector will be challenged to come up with the resources to provide financing for housing that is affordable and designed to meet the needs of all New Yorkers
Joining the Cardinal and the Mayor will be: Borough President Ruben Diaz, Jr.; Darryl Towns, Commissioner and CEO of NYS Homes and Community Renewal; Holly Leicht, Regional Administrator of the U.S. Department of Housing and Urban Development; New York City Council Member Vanessa Gibson; and Judi Kende, Vice President and New York Market Leader for Enterprise Community Partners, Inc. Monsignor Donald Sakano, pastor of The Basilica of Saint Patrick's Old Cathedral and President of the Highbridge Community Development Corporation, will serve as master of ceremonies
This special gathering will focus on the common support of these leaders for affordable housing, and their joint resolve to work together to build such housing in New York City.
The Highbridge Community Development Corp (non-profit) owns and manages 50 buildings, with over 2100 households. Artsbridge, the housing now under construction at Highbridge, financed by the US. Dept of HUD, NY State, the City of New York and private investors, has 60 apartments for low-income persons at 62 years and older. The new building will also have a 25,000 sq.ft community facility. The land was owned by the City of New York.