Catholic Homes New York, a division of Catholic Charities of the Archdiocese of New York, has secured $89 million to create 126 affordable homes, including 63 units with supportive services, in the Bronx’s Mott Haven area. 

Located at 671 Tinton Avenue, the project involves constructing a 12-story building on the site of a parking lot for St. Anselm’s Church. The development will offer various affordable housing options, including units for different income levels. The building will feature energy-efficient and climate-friendly elements, along with amenities such as laundry facilities, a library, a community room, and outdoor recreational areas.  

Financing for St. Anselm’s includes $39.2 million in Federal Low-Income Housing Tax Credits (LIHTC) and $22.6 million in subsidy from New York State Housing Finance Agency (HFA). TD Bank provided a $47.4 million construction loan and Richman Housing Resources is the tax credit syndicator. Rockabill, a consultant and development partner for affordable and supportive housing, arranged the loan.