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Pitkin-Berriman
East New York, NY

Sponsor
Cypress Hills Local Development Corporation

Project
Worked closely with Sponsor to manage close out of financing plan for new construction of 60 units of 1, 2 & 3 bedroom affordable apartments with ground floor retail FRESH food market. Construction is expected to be completed in July 2017.

Financing
9% tax credits issued through New York City Department of Housing Preservation and Development (HPD), HPD subsidy loan, Reso A funds and conventional financing.