VINCENT’S VILLAGE
New Construction / Affordable Housing / Joint Venture / Supportive HousingVincent’s Village is a new construction development for the creation of senior supportive housing in Nanuet, New York. The project will consist of 5 buildings totaling 93 units of affordable housing. Three of the buildings are residences while the other two offer community space for the residents. The project received funding through the Empire State Supportive Housing Initiative (ESSHI) to provide supportive and case management services for 45 apartments, as well as subsidy funding from NYS Housing Finance Agency. Rockabill was brought in to form the joint venture between the Sisters of Charity Housing Development Corporation and their development partner to develop the site. Rockabill brings expertise in affordable housing development, as well as providing construction guarantees to the deal. The project is expected to closed in March of 2019 and is anticipated to be completed by 2021.