Church of Nazarene – Newark

This residential project, which revitalized abandoned buildings and replaced an urban lot, created affordable one and two-bedroom units for families and seniors in Harlem. It was developed by the Community Preservation Corporation and the Center Development Corporation, and sponsored by the Shiloh Baptist Church and St. Philips Episcopal Church. The project combined the gut renovation of an existing 100-year old building with new construction on an adjacent lot into one new elevator serviced residential building. The other phase was the gut renovation of an existing century-old building into a five-story walk-up due to ADA compliance. The project was an HPD acquisition RFP site, funded by a mixture of New Market Tax Credits and Tax Exempt Bonds, loans from the CPC with 421-a tax abatement and j-51 tax deferrals. Construction was completed in 2009.