03/14/2012

Goundbreaking in New York City

A groundbreaking ceremony was recently held for the soon to be Mosholu Gardens. This development will offer 64 units of affordable and supportive housing, including services for individuals with mental illness. CSH originated the loan through the New York Acquisition Fund and provided equity financing for acquisition and predevelopment funding totalling $1.4 million.  Stay tuned for updates on this project!

CSH Director Diane Louard Michel is pictured above breaking ground with the project developer, Acacia Network, NY City, State and community leaders.

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