NEW YORK – New York State announced the opening of a new affordable housing development complex in Queens, Governor Kathy Hochul announced.
The $80 million place is named after him The Kira and is located in Jamaica. It includes a newly constructed 21-story mixed-use building with 139 affordable apartments, 69 of which are assisted living.
“Supportive housing is an important part of our work to ensure that all New Yorkers have a safe and affordable place to call home,” said Governor Hochul. “Kira will give women who have experienced homelessness and domestic violence easy access to the support and services they need and deserve to build a better life for themselves and their children.”
Kira complements the Democrats’ broad plans to make housing more affordable, fair and stable. In the 2023 budget, Hochul successfully introduced and secured a new five-year, $25 billion comprehensive housing plan that will increase housing supply by creating or preserving 100,000 affordable homes across New York, including 10,000 serving vulnerable residents , in addition to the electrification of an additional 50,000 homes.
Kira has 38 studio units, 64 one-bedroom units and 37 two-bedroom units, one of which is reserved for the on-site construction manager. A total of 32 of the one-bedroom units and 37 of the two-bedroom units will be set aside for victims of domestic violence with incomes at or below 40 percent of the area median income. The remaining units are reserved for households with incomes at or below 80 percent of AMI.
Amenities include a children’s recreation room, fitness center, laundry room, and space for outdoor activities. The project also offers more than 5,000 square meters of retail space on the ground floor. There is also a dedicated community room and offices for local support programs and housing staff.
Kira’s energy-efficient design and features meet Commercial Green Communities certification and the Housing Authority’s mandatory environmental and energy certification standards for home and community renovations.
The New York State Office of Temporary and Disability Assistance provides $1.7 million annually in operating funds for supportive services through the New York Supportive Housing Initiative.
State financing for The Kira included $19.2 million in permanent tax-exempt bonds, federal low-income tax credits that will generate $26.1 million in equity and $29 million in New York State and community renewal grants. Since 2011, New York State Home and Community Renewal has invested more than $11.49 billion in multifamily housing to create or preserve more than 42,300 affordable homes and apartments in New York City. Almost 4,000 of them are in Queens.