THE PROJECT CURRENTLY CONSISTS OF A VACANT CITY-OWNED LOT (7,600 SQUARE FEET TOTAL) IN THE BROWNSVILLE COMMUNITY OF BROOKLYN, NEW YORK. THE SPONSOR, IN PARTNERSHIP WITH NYC DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT, WILL TRANSFORM THE UNDERUTILIZED, VACANT LOTS INTO APPROXIMATELY SEVENTY-ONE (71) UNITS OF MUCH NEEDED SUSTAINABLE, AFFORDABLE AND SUPPORTIVE RENTAL HOUSING FOR NEW YORKERS AND PROVIDE APPROXIMATELY $21,000,000 OF INVESTMENT INTO THE BROWNSVILLE COMMUNITY. IN ADDITION, THE PROJECT WILL ALSO CONTAIN ONE (I) RESIDENT ON-SITE MANAGER'S UNIT. THE DEVELOPMENT WILL PROVIDE AFFORDABLE HOUSING FOR LOCAL COMMUNITY MEMBERS, AS WELL AS THOSE EXITING A NEW YORK CITY DEPARTMENT OF HOMELESS SERVICES SHELTER WITH A SPECIAL NEED. ON-SITE SOCIAL SERVICES WILL BE AVAILABLE TO ALL TENANTS.