Project Description
The proposal involves an application by the New York City Department of Housing Preservation and Development (HPD) on behalf of the Project Sponsor, BP Grand Concourse LLC, for several actions (the Proposed Actions) subject to City Planning Commission (CPC) approval, to facilitate the construction of a new 9-story residential building containing 34 units of affordable housing, including multifamily as well as senior housing and an on-site superintendent (the Proposed Development ) at 2017 Grand Concourse (Block 2808, Lot 90) (the Project Area or Project Site) in the Mount Hope neighborhood of the Bronx, Community District 5. The Project Site is located at 2017 Grand Concourse (Bronx Block 2808, Lot 90), at the northwest corner of Grand Concourse and Bush Street, in the Mount Hope neighborhood of the Bronx, Community District 5. The Project Area totals approximately 3,600 square feet of lot area, and currently contains a vacant three-story walkup apartment building with five residential units and accessory ground floor space, as well as a vacant accessory garage structure (see attached Figures 1-5). The Proposed Actions include the acquisition and subsequent disposition of the Project Site by HPD to the Project Sponsor, as well as designation of an Urban Development Action Area and approval of an Urban Development Action Area Project (UDAAP). The Proposed Development would be constructed as-of-right pursuant to the Project Site's R8 zoning. In addition to the above actions, the Project Sponsor would seek construction financing through HPD's Neighborhood Construction Program (NCP). State and Federal funding originating from New York State Homes and Community Renewal (HCR) and the United States Department of Housing and Urban Development (HUD), respectively, may also be sought at a later date.
