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PRESENTATION
Unit types and income distribution for the Marcus Garvey development
0:12:40
·
36 sec
The presenter outlines the unit types and income distribution for the entire Marcus Garvey development project. The project aims to provide a range of affordable housing options.
- Units range from studios to 3 bedrooms, with a focus on studios, 1-bedroom, and 2-bedroom units
- Income distribution follows HPD's ELLA term sheet guidelines
- Approximately 15% of units set aside for formerly homeless households
- Remaining units split between extremely low income, very low income, and low income households
Max Zarin
0:12:40
Without going into too much detail here, as Arvin noted, these properties are comprised of units ranging from studios to 3 bedrooms, concentrated primarily amongst the studios ones and twos.
0:12:52
And the income distributions for this building or these these 2 buildings, I should say, follow the guidelines of HPD's Ella term sheet with about 15% of the units set aside for formerly homeless households.
0:13:06
And the remainder split pretty equally between extremely low income and very low income households and low income households.
0:13:14
Next slide, please.