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PRESENTATION
West Harlem Group Assistance Inc. overview and project specifics
0:28:25
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3 min
Donald Notice, Executive Director of West Harlem Group Assistance Inc., provides an overview of the organization and additional details about the West 128-129th Street Cluster project.
- West Harlem Group Assistance is a 54-year-old not-for-profit community development corporation.
- The organization has extensive experience with HPD projects and affordable housing initiatives in Harlem.
- Current projects include two NYCHA conversions totaling over 2,800 units.
- The West 128-129th Street Cluster project includes 96 units, with 38 for existing residents and 58 for first-time homebuyers.
- The project involves a gut renovation and is scheduled to close in summer 2025.
- Webster Bank will be the construction lender for the project.
Donald C. Notice
0:28:25
Donald Nodice, Executive Director for West Harlem Group Assistance.
0:28:31
And I want to first thank the Subcommittee on Landmark's Public Sittings and Dispositions for giving us this opportunity to present this project.
0:28:42
West Harlem Group Assistance is a not for profit community development corporation.
0:28:49
We're in our fifty fourth year providing affordable housing and social services to the Harlem community.
0:28:56
We have worked on several HPD projects for the last forty years.
0:29:05
Some of our notable projects that we worked on was we're working on two pack deals right now.
0:29:13
We're from NYCHA, one six ninety three units.
0:29:17
That's 95% completed, and we just started another 1,200 unit project in December that construction is just starting.
0:29:26
We worked with the section two zero two program.
0:29:31
We have two senior citizen housing of 166 units providing affordable housing for senior citizens.
0:29:40
And we have two homeless shelters, one DHS shelter, and one HPD shelter, and we have a food pantry that's servicing about 25,000 people a month of food disparities in the Harlem community.
0:29:56
We also worked on two ANCP projects, providing affordable homeownership opportunities to the Harlem community.
0:30:07
One, it was a % completed and and sold to existing residents and to first time homebuyers, and that one was 11 units.
0:30:20
And we're working on where we just finished up construction on a 50 unit project, which the construction is finished, and we're getting ready to do the marketing on that project and providing affordable homeownership opportunities.
0:30:36
A little bit about the the cluster, West 120 Eighth, 120 Ninth Street.
0:30:44
Again, West Harlem Group Assistance will next slide, please.
0:30:47
I'm sorry.
0:30:49
West Harlem Group Assistance will act as a sponsor.
0:30:53
Our construction lender will be Webster Bank.
0:30:57
There's 96 units in the project.
0:31:00
There's gonna be a GUT renovation, 38 of which are for the existing residents and 40% of the project, and 58 units will be first time home buyers.
0:31:13
The the sales prices will be for the existing families, will be $250 at or below 80% 80% of AMI or $2,500.
0:31:28
The sales prices for the new residents will be affordable at 80% of AMI.
0:31:39
Monthly maintenance fees for all residents set to cover a % of the project's building expenses, and this project is scheduled to close in the summer of twenty twenty five.
0:31:53
The projected unit post rehab is five studios, twenty two one bedrooms, thirty five two bedrooms, 33 bedrooms, and four five bedrooms.
0:32:07
And I want to, again, thank the committee for hearing our projects, and we are hoping that we have a positive vote from the subcommittee.
0:32:16
Thank you.