Zoning Page

Affordable Housing UDAAP and Property Disposition Approved for 1093-1095 Jerome Avenue, Bronx

  • When: 2025/03/11
  • Address: 1093-1095 Jerome Avenue, Bronx, NY
  • City: New York
  • State: NY
  • Category: Affordable Housing
  • Subcategory: Affordable Housing Development
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size: 11-story mixed-use building

The New York City Council approved the designation of 1093-1095 Jerome Avenue in the Bronx as an Urban Development Action Area (UDAA) and the associated Urban Development Action Area Project (UDAAP), along with the disposition of city-owned property. The application, submitted by HPD, facilitates the construction of an 11-story mixed-use building on the subject site. The project area comprises Block 2505, Lots 26 and 28, and is located in Community District 4 within Council District 16. The final disposition enables HPD to transfer ownership to a designated developer for the purpose of constructing affordable housing under Article 16 of the New York General Municipal Law and Section 197-c of the City Charter. This approval is part of a broader strategy by HPD to utilize vacant and underused city-owned lots to address the city’s housing crisis.

Why it Matters

This decision supports New York City's ongoing efforts to expand its stock of affordable housing through the strategic use of city-owned land. The UDAAP designation and property disposition streamline development while targeting a high-need area in the Bronx.

Source

Applicant - New York City Department of Housing Preservation and Development (HPD)


Ownership - City of New York


Developer - To be selected by HPD