Minority-owned firm uses city program for affordable housing project
Posted: Updated:A new affordable housing building is coming to the Bronx with the help of a city program that intends to give minority-owned businesses a leg up.
Robert Horsford, president of the black-owned Apex Building Group, was raised in the Bronx and says the project on Fulton Street is special to him.
"To have the opportunity to work on a project that we can provide affordable housing to this community has been an excellent opportunity," he says.
That opportunity is partly made possible by Emerging Developer Loan Fund, a city program aimed at helping minority- and women-owned business enterprises, also known as MWBEs. It gives MWBEs access to a city pool of $70 million, with Apex receiving $1.2 million to kick-start the project.
The project will have 25 affordable units -- eight for homeless veterans, 12 for low-income occupants, four for moderate-income tenants and a "super's unit."
The project is expected to be completed in June 2019.
The Bronx Top StoriesMore>>
Police search for man wanted in grand larceny
Police search for man wanted in grand larceny
Police are asking for the public’s help in finding a man wanted in connection to a grand larceny in the Bronx.
Police are asking for the public’s help in finding a man wanted in connection to a grand larceny in the Bronx.
Police: 24-year-old man found dead in West Farms
Police: 24-year-old man found dead in West Farms
A 24-year-old man was found dead in West Farms Saturday, police say.
A 24-year-old man was found dead in West Farms Saturday, police say.
A 24-year-old man was found dead in West Farms Saturday, police say.
A 24-year-old man was found dead in West Farms Saturday, police say.
Health officials warn of possible measles exposure in Brooklyn
Health officials warn of possible measles exposure in Brooklyn
New Yorkers are on high alert after a possible exposure to measles.
New Yorkers are on high alert after a possible exposure to measles.
DOT reviews submissions for dockless bike share system for the Bronx
DOT reviews submissions for dockless bike share system for the Bronx
The Bronx is one of two boroughs in the city that does not have access to Citi Bike.
The Bronx is one of two boroughs in the city that does not have access to Citi Bike.
Bronx residents help clean up parks, gardens to celebrate Earth Day
Bronx residents help clean up parks, gardens to celebrate Earth Day
Bronx residents headed outside Sunday to enjoy the warm temperatures and celebrate Earth Day.
Bronx residents headed outside Sunday to enjoy the warm temperatures and celebrate Earth Day.
4 dead in Nashville Waffle House shooting; suspect sought
4 dead in Nashville Waffle House shooting; suspect sought
Police in Tennessee say three people were killed and four were injured in a shooting at a Waffle House restaurant early Sunday.
Police in Tennessee say three people were killed and four were injured in a shooting at a Waffle House restaurant early Sunday.
Business Briefs: Tech earnings due as Facebook faces questions
Business Briefs: Tech earnings due as Facebook faces questions
Here's a look at your top business and tech headlines from Cheddar on News 12.
Here's a look at your top business and tech headlines from Cheddar on News 12.
Neighborhood Brief for April 22
Neighborhood Brief for April 22
Neighborhood Brief for April 22Residents get closer to U.S. citizenship during free clinic
Residents get closer to U.S. citizenship during free clinic
Residents get closer to U.S. citizenship during free clinic
Residents get closer to U.S. citizenship during free clinic
Volunteer lawyers helped dozens of New Yorkers Saturday get one step closer on their path to U.S. citizenship during a free naturalization clinic in Downtown Brooklyn.
Volunteer lawyers helped dozens of New Yorkers Saturday get one step closer on their path to U.S. citizenship during a free naturalization clinic in Downtown Brooklyn.
Actor Verne Troyer dies at age 49
Actor Verne Troyer dies at age 49
Actor Verne Troyer from the "Austin Powers" movie franchise has died.
Actor Verne Troyer from the "Austin Powers" movie franchise has died.
SlideshowsMore>>
Guide: National park sites in the tristate area
Guide: National park sites in the tristate area
Statue of Liberty
A guide to the national park sites and trails on Long Island, Connecticut, New Jersey, New York City and the Hudson Valley.
A guide to the national park sites and trails on Long Island, Connecticut, New Jersey, New York City and the Hudson Valley.
Students organize walkouts over gun violence
Students organize walkouts over gun violence
Students from across the country streamed out of their schools on April 20, 2018 in the latest round of gun-control activism following the February shooting at a high school in Parkland, Florida.
Students from across the country streamed out of their schools on April 20, 2018 in the latest round of gun-control activism following the February shooting at a high school in Parkland, Florida. The protests were chosen to line up with the 19th anniversary of the Columbine High School shooting.
Students from across the country streamed out of their schools on April 20, 2018 in the latest round of gun-control activism following the February shooting at a high school in Parkland, Florida. The protests were chosen to line up with the 19th anniversary of the Columbine High School shooting.
Musical acts coming this summer to the Hard Rock Casino in Atlantic City
Musical acts coming this summer to the Hard Rock Casino in Atlantic City
Florida Georgia Line is set to rock Atlantic City on July 13.
The Hard Rock Casino in Atlantic City has announced that it will be opening its doors to the public on June 28 at the site of the old Trump Taj Mahal. Throughout the summer and early fall, the Hard Rock will live up to its name with a lineup of some of music's biggest stars.
The Hard Rock Casino in Atlantic City has announced that it will be opening its doors to the public on June 28 at the site of the old Trump Taj Mahal. Throughout the summer and early fall, the Hard Rock will live up to its name with a lineup of some of music's biggest stars.
Former first lady Barbara Bush through the years
Former first lady Barbara Bush through the years
Barbara Bush, the snowy-haired first lady and mother of a president whose plainspoken manner and utter lack of pretense made her more popular at times than her husband, President George H.W. Bush, died Tuesday, a family spokesman said. She was 92.
Barbara Bush, the snowy-haired first lady and mother of a president whose plainspoken manner and utter lack of pretense made her more popular at times than her husband, President George H.W. Bush, died Tuesday, a family spokesman said. She was 92.
Barbara Bush, the snowy-haired first lady and mother of a president whose plainspoken manner and utter lack of pretense made her more popular at times than her husband, President George H.W. Bush, died Tuesday, a family spokesman said. She was 92.
Barbara Bush, the snowy-haired first lady and mother of a president whose plainspoken manner and utter lack of pretense made her more popular at times than her husband, President George H.W. Bush, died Tuesday, a family spokesman said. She was 92.
2018 Foxwoods Resort Casino performer lineup
2018 Foxwoods Resort Casino performer lineup
A look at the performers and acts coming in 2018 to Foxwoods in Mashantucket, Connecticut.
A look at the performers and acts coming in 2018 to Foxwoods in Mashantucket, Connecticut.
Guide: Amusement Parks
Guide: Amusement Parks
Six Flags Great Adventure
Six Flags Great Adventure
The tri-state area has a handful of amusement parks that you may want to check out this summer.
The tri-state area has a handful of amusement parks that you may want to check out this summer.
2018 Summer Stadium Tours
2018 Summer Stadium Tours
Here are the artists who will be performing at tri-state stadiums this summer.
Here are the artists who will be performing at tri-state stadiums this summer.
Guide: Baseball stadiums
Guide: Baseball stadiums
The New York Mets play at Citi Field located at 123-01 Roosevelt Ave, Queens, NY 11368. Home opener is March 29.
The New York Mets play at Citi Field located at 123-01 Roosevelt Ave, Queens, NY 11368. Home opener is March 29.
Play ball! Baseball season is upon us for 2018! Whether you're looking to catch your favorite Major League Baseball team or a local game from the minors, here is a guide to stadiums around the tri-state area!
Play ball! Baseball season is upon us for 2018! Whether you're looking to catch your favorite Major League Baseball team or a local game from the minors, here is a guide to stadiums around the tri-state area!
Guide: Casinos
Guide: Casinos
Do you like to gamble? Or maybe you're just looking to get away for a weekend or for a night? The tri-state area has a couple casinos that may do the trick.
Do you like to gamble? Or maybe you're just looking to get away for a weekend or for a night? The tri-state area has a couple casinos that may do the trick.
Do you like to gamble? Or maybe you're just looking to get away for a weekend or for a night? The tri-state area has a couple casinos that may do the trick. Here is a guide to casinos in the area.
Do you like to gamble? Or maybe you're just looking to get away for a weekend or for a night? The tri-state area has a couple casinos that may do the trick. Here is a guide to casinos in the area.
2018 SummerStage Festival lineup
2018 SummerStage Festival lineup
SummerStage Festival is a free, outdoor festival of the arts held each year at Rumsey Playfield in Central Park.
SummerStage Festival is a free, outdoor festival of the arts held each year at Rumsey Playfield in Central Park.
SummerStage Festival is a free, outdoor festival of the arts held each year at Rumsey Playfield in Central Park.
SummerStage Festival is a free, outdoor festival of the arts held each year at Rumsey Playfield in Central Park.
