1769 Jerome Ave.
Bronx, NY
Bronx Pro partnered with Services for the Underserved for the redevelopment of Jerome Court. Located on the Jerome Avenue Corridor, 1769 Jerome Avenue utilizes new R8-A zoning to create a 16-story, mixed use building, approximately 144,000 sf inclusive of 7,000 sf of new retail space. The project includes 175 total residential apartments with 105 supportive housing units, 69 affordable housing units and 1 superintendent’s unit. The project serves households earning between 30% and 80% of area median income. The supportive units house formerly homeless households with mental health or substance abuse illnesses. Building amenities include 24-houe security, social services spaces, laundry room, fitness room as well as open space on the second-floor terrace. The building design is energy efficient and the new commercial tenancy activates the streetscape for pedestrians. The project also improves landscaping on the 176th Street step street connecting Davidson & Jerome Avenue. In 2022, Jerome Court was recognized by Citizens Housing and Planning Council for its Impact Award for Community Investment.
The project is financed through HPD’s Supportive Housing Loan Program, HDC tax-exempt bonds and subsidy, 4% Low Income Housing Tax Credits as well as a grant loaned from Enterprise Community Partners. Construction was completed in May 2022 and the total development cost was $101 million.