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The Creston Avenue Residence, located in the Fordham section of the Bronx, provides a safe, supportive environment for some of the city's most at-risk residents.
The building is a welcoming place, and offers 24-hour security, rooftop gardens, a backyard play area and community space for special events. Sixty-six apartments, ranging from studios to two-bedroom units, will house individuals and families. A suite of offices will give tenants a comfortable place in which to meet with social service professionals. By providing much needed support where people live, they promote housing stability and enable residents to identify and work toward their individual goals.
Requirements for residency in the Creston Avenue Residence are outlined below:
• Chronically homeless single adults who would benefit from the safe and supportive environment of the residence;
• Chronically homeless families, or those at serious risk of becoming homeless that would benefit from the safe and supportive environment;
• Veterans with HUD-VASH vouchers;
• Families that meet income eligibility requirements and do not require supportive services.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Creston Avenue is managed by Volunteers of America.