Affordable Housing

A healthy community includes a diverse range of housing options suited to the needs of local residents: whether seniors, growing families, or those with limited incomes. Restoration is committed to the twin objectives of preserving affordable rental housing while creating a pipeline of affordable homeownership opportunities for low income residents in Central Brooklyn.
Bedford Stuyvesant has what it takes - beautiful, historic brownstones and plenty of rental housing at a close proximity to downtown Brooklyn and lower Manhattan. Restoration's goal is to preserve and capitalize upon these assets, ensuring their quality and affordability so that the community's longstanding residents may enjoy them for years to come. We do this by:
  • Preserving quality affordable rental housing
  • Catalyzing affordable home ownership
  • Weatherizing homes

 


Brand New Buildings in Bedford- Stuyvesant Neighborbood in Brooklyn!
The Acacia Aprartments is a mixed income housing community located at 1560 Fulton Street. Acacia Aprtments anticpate the building will be ready for occupancy July 2012. The Acacia Apartments is being financed through the Mixed Income Rental Program of The City of New York's Department of Housing Preservation and Devleopment (HPD) and the New Housing Opportunity Program (NewHop) of the New York City Housing Development Corporation. Acacia Aprartments is currently marketing 104 rental aprtments (1, 2 and 3 bedrooms). Each apartment has a modern kitchen featuring stainless steel appliances and granite counters, an attractive full bathroom, and closets throughout.  Click here to see if you or anyone you know qualify or check out www.1560fultonst.com.
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