Sendero Verde

New York,
NY
(2019)

Sendero Verde

Affordable Housing, Mixed-use, Schools

Investment

NMTC Amount: $18,000,000
Total Project Cost: $223,000,000

IMPACT

578 FTE jobs
1,115 construction jobs

CDEs

Investor

Project Description

The $18 million NMTC financing support from JPMorgan Chase is helping redevelop vacant city-owned land in East Harlem into a mixed-use development that will include 700 units of affordable housing and an elementary school operated by Harlem Children’s Zone (HCZ), which will provide high-quality, standards-based academic programs for students.

Both students and their families will also have access to HCZ’s comprehensive network of supports, including counseling, benefits assistance and other social services.

MAP

Address: 60 East 112th Street, New York, NY 10029

Census Tract: 36061017402

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