Project Description
The project sponsor, Post Graduate Center for Mental Health (PCMH), is seeking construction financing through HPDs Supportive Housing Loan Program (SHLP) to facilitate the new construction of a 5-story building containing 68 units of supportive housing in the Bedford-Stuyvesant neighborhood of Brooklyn, Community District 3. The project site is located at 500 Gates Avenue (Block 1814, Lot 17) on the south side of Gates Avenue between Tompkins Avenue and Marcy Avenue. The privately-owned project site is currently occupied by a vacant parking lot measuring approximately 13,500 square feet (sf). Under the proposal, the project site would be redeveloped with a 5-story, approximately 44,000 gross-square-foot (gsf) building containing a total of 68 studio apartments, of which approximately 48 would be reserved for formerly homeless individuals, and approximately 20 would be reserved for low-income individuals earning up to 60% of Area Median Income (AMI). In addition to the residential units, the proposed project would include approximately 9,916 sf of office space providing social services for building tenants