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Boston Road Affordable Housing for Seniors in the Bronx breaks ground

Commissioner/CEO Darryl C. Towns, Acting Commissioner of the New York State Division on Human Rights/Former New York City Council Member Helen Foster and Archbishop Joseph A. Alexander of New Covenant Christian Ministries
Commissioner/CEO Darryl C. Towns, Acting Commissioner of the New York State Division on Human Rights/Former New York City Council Member
Helen Foster and Archbishop Joseph A. Alexander of New Covenant Christian Ministries

 

New Building is One of the First Projects to Use State Medicaid Redesign Team Funding
HCR Commissioner/CEO Darryl C. Towns was joined by Acting Commissioner of the New York State Division on Human Rights/Former New York City Council Member Helen Foster and other city and state partners to celebrate the groundbreaking of Boston Road, a new 154-unit permanent supportive residence for older adults. Boston Road is one of the first projects to use the New York State Medicaid Redesign Team (MRT) capital funding to employ housing as a strategy for reducing health care costs. The MRT was established by Governor Andrew M. Cuomo to create efficiencies in the state’s Medicaid program. Boston Road will feature amenities including a green roof and landscaped terrace as well as programming and on-site medical and mental health services for tenants.

Darryl C. Towns, Commissioner/CEO of HCR said Governor Cuomo recently announced the MRT will undertake investments to create new affordable homes and provide support to 5,000 high-need New Yorkers, and put the State on track to achieve more than $34.3 billion in Medicaid savings over the next five years. Boston Road is part of the first phase, which includes a commitment of $46.7 million in capital funds to construct 12 new buildings in the next 24-36 months.

“Boston Road is part of the MRT’s plan to provide affordable homes and support services to thousands of people in need—and at the same time save the state billions of dollars,” said Towns. “HCR is proud to partner with Common Ground and to be part of Governor Cuomo’s innovative initiative that invests in developments like Boston Road across the State. The results will be an increase in affordable homes, better care, and lower costs for New York.”

“I am so proud to break ground today on Boston Road, which will create safe, comfortable and healthy home for some of our community’s most vulnerable individuals. By 2017, one-third of Common Ground residents will be 62 or older, so we are dedicated to rethinking aging in place. By using the state Medicaid Redesign Team funding, and piloting our innovative Elder Care Health Outreach program, we hope to be establishing a model for housing providers on how to address aging and healthcare. More supportive housing for older adults who have experienced homelessness will help ease the burden on our society’s healthcare system and help seniors live longer, healthier lives,” said Brenda Rosen, Executive Director of Common Ground.

Common Ground is the largest supportive housing developer and manager in New York City. Boston Road, located at 1191 Boston Road, will be Common Ground’s second building in the Bronx, following The Brook’s opening in 2010. When Boston Road is completed, Common Ground will manage more than 400 affordable apartments in the borough for low-income working New Yorkers and formerly homeless adults. The new $47 million project was designed by Alexander Gorlin Architects and is striving for sustainability certification from Enterprise Green Communities.

The new building will feature a landscaped terrace, green roof, recreational space, exercise room and computer lab. Sustainability features include high performance boilers, energy efficient fixtures and lighting controls, water saving plumbing fixtures and Energy Star appliances.

The total development cost for Boston Road is $47.7 million. HCR provided $23.9 million in bond financing and $1.6 million in 4% Low Income Housing Tax Credits. The project received $6.9 million in New York State Medicaid Redesign Team funding.  The New York State Office of Temporary and Disability Assistance (OTDA) provided $3.7 million from the NYS Homeless Housing and Assistance Program and the New York State Office of Mental Health (OMH) will provide funding for support services for the tenants. HPD provided $8.2 million in HOME funding and $2 million in Reso A funds from City Council Member Helen Foster. The project is being syndicated by RBC Capital Partners. Common Ground’s community partner and project co-sponsor is The New Covenant Faith & Miracle Arena, Inc.

Using the state MRT funding is another way in which Common Ground is addressing aging in place. In June, Common Ground launched the innovative Elder Care Health Outreach (ECHO) pilot program with the Center for Urban Community Services at three Common Ground buildings – The Domenech in Brownsville, Brooklyn and The Prince George and The Times Square residences in Manhattan. The new program has established on-site geriatric medical services as well as programming for seniors to decrease isolation. ECHO will help Common Ground’s seniors realize the best possible physical and mental health as they age and ease the burden on our society’s healthcare system.

 

 

 

Last Updated: 09/26/13