Bronx $1B Affordable Housing Breaks Ground 

Elected officials and community leaders joined Camber Property Group to break ground on Phase 1 of the $1 billion Stevenson Square affordable housing development in the Bronx.  

The $76 million development of Building 4 will create a six-story building with 117 studio rental units of affordable senior housing, while the $49.5 million homeownership development will create 58 units of 100 percent affordable co-op units in partnership with Habitat for Humanity. 

“Breaking ground on Stevenson Square represents the start of a transformational public-private partnership to bring critically needed affordable housing to the Soundview community,” said Rick Gropper, Principal at Camber Property Group. “The first phase of this $1 billion project will create affordable homeownership units as well as rental opportunities for seniors that will strengthen the community and provide a home for those who need it the most.” Construction is expected to be completed in January 2026. 

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