Bethany Senior Terraces Opens in East Flatbush

Bethany Senior Terraces opened in East Flatbush as a new four-story, all-electric affordable housing building for residents 55 and older. The building provides 57 apartments, including 18 supportive homes for people who have experienced homelessness. The project includes outdoor terraces, a community kitchen with a hydroponic greenhouse, and social spaces on every floor. Financing totals $48 million, combining federal and state low-income housing tax credit equity and public subsidy, including LIHTC equity, state subsidy, NYSERDA funding, and New York City funding. RiseBoro Community Partnership will operate the building with on-site case management, health coordination, and recreational programming to support aging in place. The New York State Department of Health provides operating funding for supportive apartments through an Empire State Supportive Housing Initiative award. All units are reserved for households earning at or below 50 percent of area median income.

"Bethany Senior Terraces, a new four-story, all-electric affordable housing building for seniors, is now open, bringing 57 apartments for residents 55 and older to the neighborhood. That includes 18 homes with on-site supportive services for people who have experienced homelessness, and officials marked the moment with a Friday ribbon-cutting. The building comes with outdoor terraces, a community kitchen paired with a hydroponic greenhouse, and social spaces on every floor."

"State officials said the $48 million project was financed with a mix of federal and state low-income housing tax credit equity and public subsidy. According to New York State Homes and Community Renewal, the package included roughly $14.4 million in LIHTC equity, $7.8 million in state subsidy, $716,000 from NYSERDA, and $9.3 million from the New York City Department of Housing Preservation and Development."

"The development was created and will be operated by RiseBoro Community Partnership, which is offering on-site case management, health coordination, and recreational programming intended to help seniors age in place instead of being pushed out or institutionalized. RiseBoro's project page highlights a stepped series of residential terraces that lead to a large common garden, along with storage, laundry, and interior social rooms on each floor."

"The building has 45 studios, 12 one-bedroom apartments, and one superintendent's unit, and all apartments are reserved for households earning at or below 50 percent of area median income. According to New York State Homes and Communit"

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