HomeMy WebLinkAboutSummary3Greenport-Cazo — Liberty City 6200/01
Summary
Number of
Residential
Units
No. BR's/Baths
Approx.
Sq. Ft.
AMI % of
Homebuyer
28
1/1
700
80
56
2/2
850
80
16
3/2
I000
80
20 units will be set aside for supportive housing. The balance is for Section 8 eligible.
The Commercial space is 12,700 S.F.
Parking is for 343 vehicles.
Community partners listed in the proposal are:
• J.E.S.C.A.
Amenities include: Balconies, rooftop green space, green construction, and support service space in
commercial element.
The project includes anticipated $6,000,000 in grants. Total development cost is $18,000,000.
The financial return to the City includes estimated property taxes, cash return of $395,000 (62% of assessed
value).