Archives: Portfolios

NYCEEC provided a $4,500,000 Predevelopment Loan to support the redevelopment of the Variety Boys & Girls Club of Queens (VBGCQ) site into a 14-story, mixed-use community facility and affordable housing project in Astoria, Queens.

NYCEEC provided a $482,000 Multifamily Express Green (MEG) Loan to an eight-unit multifamily condominium in Bedford-Stuyvesant, Brooklyn, to finance a comprehensive building envelope and roof upgrade project.

NYCEEC provided a $4,500,000 Predevelopment Loan to support the redevelopment of the Variety Boys & Girls Club of Queens (VBGCQ) site into a 14-story, mixed-use community facility and affordable housing project in Astoria, Queens.

NYCEEC recently collaborated with SustainEnergyFinance (SEF) to provide a $4,500,000 predevelopment loan to a Utah-based developer, 22 Communities, for the development of a 396-unit, 100% affordable mixed-use complex in Salt Lake City. Designed to meet Enterprise Green Communities New Construction criteria, The Cooperative 1881 will be all-electric and built within walking distance of public transit to further reduce local emissions.

NYCEEC provided a $4,401,000 Predevelopment Loan to Settlement Housing Fund (SHF) to support the construction of a 100% affordable housing development in the Financial District of Manhattan, New York. SHF is a New York City-based nonprofit focused on affordable housing and sustainable community development for low- and moderate-income families. The NYCEEC loan will cover early-stage architectural, engineering, environmental, and sustainability consulting services.