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CABS Affordable Rehabilitation Family Housing
270 Pulaski St., Bedford-Stuyvesant, Brooklyn, NY

Sponsor
St. Nicks Alliance

Project
Worked hand in hand with Sponsor to create development and financing plan for the substantial renovation of existing project in Brooklyn with 66 units originally financed under the HUD 221 (d) (3) program. New capital was raised to create an additional 6 new units from vacant commercial space, substantial renovation of all units and extended affordability for existing residents. Project was completed in June 2013.

Financing
Tax exempt financing issued through New York City Housing Development Corporation, NYC HPD tax credits and private financing.