The Allan and Geraldine Rosenberg Residence, a new housing development in the village of Freeport which offers 45 affordable apartments for adults aged 55 and older, was completed Tuesday.
The residence is part of the state’s $25 billion Housing Plan, which aims to create or preserve up to 100,000 affordable homes across the state.
The project cost $25 million. The funding included significant state financing — $18.4 million in federal low-income Housing Tax Credits from New York State Homes and Community Renewal.
The project’s developer wass Selfhelp Realty Group, Inc.
“The Selfhelp Realty Group spearheaded by Evelyn J. Wolff was instrumental in the development of Alan and Geraldine Rosenberg Residence here in Freeport,” Freeport Mayor Robert Kennedy said. “Nassau County senior residents need affordable housing and this development addresses this need for our seniors. This beautiful 45-unit building also sports a roof garden, sufficient on-site parking for all the residents and is handicap accessible. On behalf of the residents of Freeport, Trustees, and myself, I want to thank Evelyn for her insight and dedication to Freeport and Nassau County seniors.”
The five-story building at 81 South Bergen Place includes 44 one-bedroom apartments and one two-bedroom apartment for an on-site manager. All apartments are affordable to households earning at or below 60 percent of the Area Median Income.
In addition, there are 14 apartments reserved for individuals experiencing homelessness, who have access to rental subsidies and supportive services funded through the Empire State Supportive Housing Initiative and administered by the New York State Department of Health.
“Through this important development, we are taking a key step toward fulfilling our mission to provide safe, decent, and affordable senior housing as well as assistance for some of our most vulnerable residents,” Nassau County Legislator Debra Mule said. “I am delighted to witness this completion of this project here in Freeport and appreciate the State’s partnership in bringing this collaborative effort to fruition.”