Municipal and private partners in Heritage Homes, a public housing redevelopment project in New Rochelle, broke ground Wednesday on the $20 million second phase of construction to replace the city”™s Hartley Houses complex.
MacQuesten Development L.L.C., a Mount Vernon company, and the New Rochelle Municipal Housing Authority are replacing what city officials said is obsolete public housing with 228 town house apartments in a $72 million project being completed in three phases. MacQuesten last summer completed the $37 million, 131-unit first phase of Heritage Homes.
The second phase of construction at 55 Brook St. will add 49 two-bedroom apartments and seven three-bedroom apartments in two-story and three-story town houses. The project is scheduled to be completed next June.
A spokesperson for the project said construction is being done in phases so that none of the residents of Hartley Houses are displaced.
MacQuesten Development was awarded approximately $1.5 million from the state Housing Trust Fund Program and about $1 million annually in low-income housing tax credits from New York State Homes and Community Renewal. The tax credits will generate more than $10.5 million in private equity for the project, according to state officials.
Rella Fogliano, president of MacQuesten Development, in the press release said the project “has been challenging but the results have been more rewarding for me than all of our other projects to date.”
Steven Horton, executive director of the New Rochelle Municipal Housing Authority, in a statement said the redevelopment “is essential if the Housing Authority is to accomplish our mission of providing quality affordable housing for the residents of New Rochelle. The new Heritage Homes will be an affordable housing resource for the city and for generations to come. The partnership between the Housing Authority and the MacQuesten Development represents the type of public-private collaboration that can achieve large-scale public benefit projects.”
