Press
“Stability, Dignity, And Opportunity” Grace’s
Grace’s Place Senior Apartments officially opened in Far Rockaway on Thursday, May 7, bringing 82 new units of affordable housing for seniors at 13-04 Nameoke Avenue.
The grand opening was marked with a special, ribbon-cutting ceremony outside the new building, which will be home to low-income and formerly homeless seniors at least 62 years of age.
Financed through the New York City Department of Housing Preservation and Development’s Senior Affordable Rental Apartments (SARA) program, the development serves residents earning at or below 50% of the Area Median Income. Notably, 30% of the units are dedicated to formerly homeless seniors, providing stable housing and on-site supportive services for the city’s most vulnerable populations.
2026 Developing Queens: Grace’s Place
Queens, NY Grace’s Place is a senior housing development financed by the New York City Department of Housing Preservation and Development (HPD) under the Senior Affordable Rental Apartments (SARA) program to be in the Edgemere section of Queens and slated as 82 units of affordable housing for seniors ages 62 and above with incomes at /or below 50% AMI with a 30% set aside for formerly homeless seniors. The project will receive 100% project-based vouchers and therefore will follow the Davis Bacon Prevailing Wages mandates as well as the federally funded fair market housing regulations. The project counsel was Nixon Peabody, and title insurance was provided by National Standard Abstract. The project was designed by Paul Castrucci Architects and Mega Contracting Group is the general contractor.
NYCHA Closes on Financing for $349M PACT Project to Renovate Moore Houses & East 152nd Street-Courtlandt Avenue
On May 8, NYCHA closed on the financing for a $349 million Permanent Affordability Commitment Together (PACT) project that will bring comprehensive renovations to over 1,200 residents living in four residential buildings at Moore Houses and East 152nd Street-Courtlandt Avenue in the Melrose section of the Bronx. The buildings have now converted to Project-Based Section 8 through the federal Rental Assistance Demonstration (RAD) program, unlocking funding that will allow the PACT partner team – Mega Group Development, Brisa Builders Development – to address the capital needs of the development and begin fully rehabilitating apartments, shared spaces, grounds, and building infrastructure to improve residents’ quality of life.
Grace’s Place, new 82-unit affordable housing space for seniors, opens in Far Rockaway
A ribbon-cutting ceremony was held on Thursday, May 7, to mark the opening of Grace’s Place Senior Apartments, a new 82-unit affordable housing building for seniors at 13-04 Nameoke Ave. in the Edgemere section of Far Rockaway.
Intended for low-income and formerly homeless seniors at least 62 years of age, Grace’s Place grants them the opportunity to age in place. The development features on-site solar installation that will power essential building systems.
Housing Lottery Launches for Grace’s Place Senior Apartments at 13–04 Nameoke Avenue in Far Rockaway, Queens
The affordable housing lottery has launched for Grace’s Place Senior Apartments, a nine-story residential building at 13–04 Nameoke Avenue in Far Rockaway, Queens. Designed by NTD Engineering Consultant LLC and developed by Brisa Builders, the structure yields 57 residences. Available on NYC Housing Connect are 56 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $64,800.
MassHousing Closes $37.3 Million Financing Deal for 105 New Affordable Homes on Chicopee River
A long-vacant site along the Chicopee River is set to become a vibrant residential community, as MassHousing announced the closing of $37.3 million in affordable housing financing for the development of 105 mixed-income rental homes in Chicopee.
The new project, known as Singing Bridge Residences, is being spearheaded by a joint venture between Sydney Capital Group LLC (Syd Cap) and Brisa Builders Development LLC (Brisa).
MassHousing Has Closed on $37.3 Million in Affordable Housing Financing for the Development of 105 New Rental Homes Adjacent to the Chicopee River in Chicopee
A Joint Venture between Sydney Capital Group LLC (Syd Cap) and Brisa Builders Development LLC (Brisa) is developing the Singing Bridge Residences in a new eight-story, all-electric building designed to Passive House standards.
NY Affordable Project Secures Financing
Brisa Builders Development LLC and PMG Affordable have secured $51.7 million in financing to begin construction of 19-19 Cornaga Avenue, a nine-story, 92-unit affordable and supportive housing project in Far Rockaway, Queens, N.Y. The project is underway and slated for completion in late 2026.
Brisa Builders Secures $41.4 Million Construction Loan From Bank Of America For Far Rockaway Project
The property at 19-19 Cornaga Avenue is a development site located in Far Rockaway, Queens. The site is earmarked for a residential project comprising 92 units with a total area of 53,496 square feet.
Brisa Builders Previews New Far Rockaway Development During CB14 Meeting
Plans are underway for a new residential building in Far Rockaway that will provide a total of 92 affordable housing units to some of the city’s most vulnerable populations and other local residents upon completion.
On Tuesday, Nov. 12, Brisa Builders Corp. Chairperson/CEO Ericka Keller appeared before Community Board 14 to present the plan for the planned 65,000-gross-square-foot building, which will be located at 19-19 Cornaga Ave. For this development, Brisa Builders Corp. is working with the city and receiving funding from the state with a 9% tax credit allocation.
Ebenezer Plaza receives Housing Partnership’s Innovation Award
Brooklyn, NY Jamie Smarr, president and CEO of the NYC Housing Partnership and Adolfo Carrion, commissioner of the New York City Department of Housing Preservation and Development presented Ebenezer Urban Ministry Center (EUMC), Brisa Builders Development LLC, Procida Development Group LLC and Evergreen City LLC with the Innovation Award for their development, Ebenezer Plaza at the non-profit’s Housing Partnership’s 41st anniversary luncheon gala on Wednesday, October 23rd.
Ebenezer Plaza wins Innovation Award for affordable housing community
The development, with $300 million in underwriting, also offers expanded community services, including a soup kitchen, food pantry, educational programs for adults and children, computer training and family counseling.
Brownsville Affordable Housing Lottery With $774 Three-Bedrooms Opens
An affordable housing lottery has started for 165 truly affordable apartments in an under-construction Brownsville building, with one-bedroom units starting at $484 per month.
The lottery is for the third and final building in the 100 percent affordable Ebenezer Plaza complex, developed in a partnership between Ebenezer Urban Ministries Center (formerly the Church of God of East Flatbush) and a group of other affordable housing developers.
Brisa Builders breaks ground on 82-unit Grace’s Place
Brisa Builders broke ground on 82 units of affordable senior housing at 13-38 Central Ave. in Far Rockaway. The project, titled Grace’s Place, is a senior housing development for affordable housing in Edgemere. The project has the support of community partners and government agencies.
Governor Hochul Awards $260 Million in Funding to Build and Preserve More Than 1,800 Homes Across New York
Funding Will Support Nearly 30 Projects Statewide to Protect and Expand the Affordable Housing Supply, Provide Supportive Services, and Assist Local Development Initiatives
Builds on Governor Hochul’s Agenda to Address New York’s Housing Crisis by Increasing the Housing Supply
Mayor Adams Announces $50 Million Initiative to Reduce Barriers and Support Minority-Owned Developers to Build More Affordable Housing
Effort Expected to Enable $500 Million in Private Construction Lending to Minority-Owned Affordable Housing Developers Through Partnership With Goldman Sachs and Community Preservation Corporation
As Adams Administration Doubles Down on Commitment to Fight Housing Crisis, City Needs More Tools from Albany to Build Affordable Homes for New Yorkers
Amid a Housing Crunch, Religious Groups Unlock Land to Build Homes
Faith-based organizations are unlocking their real estate to develop affordable housing, but they face challenges from reluctant local residents, wary lenders and strict zoning laws.
HUD Wants to Help Brooklyn Churches Build Affordable Housing
As Albany struggles — and struggles — to pass measures foster more affordable housing development, some federal housing officials are encouraging churches to fill in the gap.
NYCHA selects private development team for $246M in repairs at two South Bronx projects
The New York City Housing Authority has selected a development team to make $246 million worth of repairs at a pair of South Bronx public housing projects and bring them under private management through its Permanent Affordability Commitment Together program.
Residents Select PACT Partner Team to Perform $246 Million in Capital Repairs for Nearly 1,500 Residents at Moore Houses and East 152nd Street-Courtlandt Avenue
NEW YORK - The New York City Housing Authority (NYCHA) today announced that capital repairs totaling $246 million will be addressed for nearly 1,500 residents living at Moore Houses and East 152nd Street-Courtlandt Avenue through the Permanent Affordability Commitment Together (PACT) program, significantly improving living conditions at the developments. Following months of review and engagement with residents, NYCHA and a Resident Review Committee have selected Mega Group Development and Brisa Builders to provide comprehensive repairs to 684 apartments across four buildings at the two Bronx developments. Mega Group Development and Brisa Builders Development, a Minority-owned Business Enterprise (MBE), will serve as co-developers. Mega Contracting Group will be the general contractor, and Cornell Pace will manage the properties after they convert to Project-Based Section 8.