Arthur Avenue

Arthur Avenue Apartments.

Supporting formerly homeless and medically frail seniors.

Located in the East Tremont/Arthur Avenue section of the Bronx, the Arthur Avenue Apartments provide supportive housing to formerly homeless and medically frail seniors in a beautiful modern nine-story building designed with extensive biophilic amenities, including a greenhouse and a working vegetable garden. This innovative, energy-efficient development fosters independence and features support services provided by the Hebrew Home at Riverdale, including social activities, life skills training, education, fitness-based instruction groups, nutritional education, cooking, and music therapy. The 177-unit community opened in October 2021 and provides permanent supportive housing to formerly homeless and medically frail seniors, aged 62+.

We believe that by providing onsite case management with age-related social activities in an aesthetically pleasing and nurturing supportive housing environment, individuals become healthier, engaged, and empowered to live independently.

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Residences

  • Studio and one-bedroom residences, all fully accessible
  • Full kitchens
  • Full bathrooms
  • Stylish vinyl flooring
  • Window treatments
  • PTAC air-conditioning units

Building Amenities

  • Secured entry with intercom
  • Two elevators
  • Laundry room
  • Onsite management
  • Social services suite
  • Bike storage

Lifestyle Amenities

  • Green Wall in the lobby
  • Integrated Greenhouse
  • Community Room with a Teaching Kitchen
  • Large community rooms connected to outdoor terraces

Social Services

  • Individual and group intensive case management
  • Case management
  • Support physical and emotional wellness
  • Financial education
  • Health services including prevention and maintenance
  • Community social engagement
  • Art and educational programming

Financing and rental subsidy.

The $91 million development is being financed using a combination of tax-exempt bonds issued by the New York State Housing Finance Agency (HFA), and additional subsidies provided by HFA and the New York City Department of Housing Preservation and Development (HPD) through its Senior Affordable Rental Assistance (SARA) program, and syndicated tax credit equity. The construction period tax-exempt bonds are being credit enhanced by Chase. The $36 million in tax credit equity was financed through an investment from a Freddie Mac Low-Income Housing Tax Credit (LIHTC) Fund with Boston Financial Investment Management.

Project-based Section 8 rental subsidy is being provided by NYC HPD, with additional rental subsidy and ongoing operational funding for supportive services provided by the NYS Department of Health under the Empire State Supportive Housing Initiative (ESSHI). Arthur Avenue Apartments is designed to meet Enterprise Green Communities criteria with a host of planned sustainable features, including EnergyStar appliances, high-efficiency boilers and hot water heating systems. This is the second collaboration between the Hebrew Home and Foxy Management.

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