YONKERS MOVING FORWARD >>> MORE AFFORDABLE SENIOR HOUSING: A new residential building that will feature 105 studio, one-and two-bedroom apartments for seniors 62 years of age and older....
FOR IMMEDIATE RELEASE: Developers Granted $56.8M Incentives Package For Affordable Senior Housing Project At 345 McLean Avenue In Yonkers
PRESS RELEASE: Verus Development will receive a $56.8 million incentives package to facilitate the completion of a new affordable rental property for low-income seniors at 345 McLean Avenue in #Yonkers, New York.
YONKERS: A new 12-story building will feature 105 apartment in studio, one-, and two-bedroom layouts, all reserved for seniors 62 years and older with an income at or below 60 percent of the area median income.
QUOTE: “This exciting project will provide much-needed affordable housing for senior citizens while creating new construction jobs,” said Yonkers Mayor Mike Spano. “With a private investment of nearly $57 million, this development is an example of how the Yonkers IDA is working to help create new housing and jobs for our city’s economy.”
Amenity spaces will include a community room equipped with computers, a library, recreational space, a shared laundry room, and bike storage.
Renderings show the structure featuring a straightforward massing and a façade composed of a mix of red brick and gray paneling.
The incentives package was granted preliminary approvals by the Yonkers Industrial Development Agency (IDA) and the affordable senior housing project is expected to create 125 construction jobs.....
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