City breaks ground on affordable housing apartment complex in Eastchester

Construction will cost around $65 million, much of which will be federally funded.

Construction will cost around $65 million, much of which will be federally funded. (5/28/13)

EASTCHESTER - New affordable housing is on its way to the Bronx.

The city broke ground today on a senior housing complex near Co-op City in Eastchester that will provide 180 apartments in two buildings. The project is set to receive rental assistance, which will limit tenants' rental contribution to a percentage of their income.

The complex does not fall under the auspices of the New York City Housing Authority (NYCHA), but NYCHA will hand out vouchers to live there.

In all, construction will cost around $65 million, much of which will be federally funded.

Completion of the project is expected in December 2014.
    

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