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Diaz Allocates More Than $3 Million for Affordable Housing in The Bronx

By Eddie Small | July 22, 2016 10:53am | Updated on July 24, 2016 1:06pm
 Diaz will fund several affordable housing units in his upcoming budget, including projects at 3363-3365 Third Ave. and at 1761 Walton Ave. (L-R)
Diaz will fund several affordable housing units in his upcoming budget, including projects at 3363-3365 Third Ave. and at 1761 Walton Ave. (L-R)
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Bronx Borough President's Office

THE BRONX — Bronx Borough President Ruben Diaz Jr. plans to spend more than $3 million to help build roughly 800 units of affordable housing throughout the borough in his budget for the 2017 fiscal year.

“From new units for low-income seniors, veterans, the formerly homeless and more, our allocations this year will help a wide range of individuals find and keep an affordable home, right here in The Bronx,” Diaz said.

The borough president has allocated a total of $3,265,000 for eight housing-related projects that will fund 851 new affordable housing units.

The funds include $750,000 for 75 units of housing at 1761 Walton Ave., $400,000 for 57 units at 839-843 Tilden St. and $500,000 for 165 units at 869 E. 147th St.

Other projects include:

►$450,000 for 30 units at 3363-3365 Third Ave.

►$250,000 for 277 units at 1932 Bryant Ave.

►$500,000 for between 80 and 100 units at 915 Beck St.

►$250,000 for 147 units at 2044 Westchester Ave.

Diaz will also set aside $165,000 for the Department of Housing Preservation and Development to establish a mobile services unit that will go to different neighborhoods in The Bronx and help constituents with housing and tenant issues, according to his office.

“By far the greatest volume of constituent requests received by my office is for housing assistance,” Diaz said in a statement. “I am hopeful that, in partnership with [HPD], we will be able to use this new mobile unit to bring housing services directly to the communities that need them the most.”

Diaz has spent roughly $49 million to help fund housing projects across The Bronx since becoming borough president in 2009, and his budget for fiscal year 2017 contains a total of $28.8 million for 93 projects, according to his office.