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Doe Fund Brings Affordable/Supportive Housing to Bronx’s Mount Eden

The Doe Fund plans to develop a 15-story building containing 255 units of affordable and supportive housing in the Bronx’s Mount Eden neighborhood. A ground-breaking date will be announced in the near future, and construction is expected to take 24 months.

A portion of the project’s units will be dedicated to those with supportive services needs through an Empire State Supportive Housing Initiative award from the state. The remaining units are reserved for low-income families earning between 37% and 57% of the area median income. The development will also include 26,000 square feet of retail.

“We are so grateful to have the support of the community, and our development and construction partners, and our financing partners in this bright new endeavor in the Bronx,” said the Doe Fund’s founder and president, George T. McDonald. “Raymond James Tax Credit Funds, in particular, has enabled this project to swiftly come to fruition.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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