Units at the phase will be available to those earning at or less than 70% of the AMI. Credit: meinresterampe via Pixabay.

Construction has commenced on the second phase of the Marcus Garvey Extension, an affordable housing development in Brooklyn’s Brownsville, US. 

This three-building development is part of New York governor Kathy Hochul’s overarching $25bn Housing Plan to create or preserve 100,000 affordable homes across the state. 

Hochul said: “The expansion of Marcus Garvey shows how our investments and partnerships can take a previously underutilised property and bring over 600 homes and important services to the Brownsville community.” 

The Marcus Garvey Extension project aims to bring 635 units to the campus of an existing Mitchell-Lama multifamily affordable housing complex, Marcus Garvey Apartments. 

The first phase of the Marcus Garvey Extension, completed in 2022, provided 348 affordable apartments and additional retail and community facility space. 

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The latest phase, which is also the final construction phase, will add 287 affordable units to the complex. 

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All units in this phase will cater to households earning at or below 70% of the area median income (AMI), with 88 units designated for individuals reintegrating post-incarceration.  

The buildings will be all-electric with geothermal heating and cooling systems, alongside social service offices, community spaces, and recreational courtyards. 

The project’s developers include the Osborne Association, Services for the UnderServed, and L+M Development Partners. 

Services for the UnderServed will offer independent living skills and health services.  

Financing for the phase comprises $20m in permanent tax-exempt bonds, approximately $116m in federal and state Low Income Housing Tax Credit equity, and $36.5m in HCR Supportive Housing Opportunity Program subsidy.  

The New York City Department of Housing Preservation and Development is also contributing $22.3m through the Supportive Housing Loan Program.