real_estate
La Central Affordable Housing Development Secures $343 Million In Financing In Melrose, The Bronx
By New York YIMBY | Max Gillespie | 5/1/2025 7:30 AM
Hudson Companies and BRP Companies have secured $343 million in financing for Phase II of La Central, an affordable housing project in Melrose, The Bronx. Developed by ELH-TKC LLC, Breaking Ground, and Comunilife, this phase comprises two new buildings, Building C and Building E. Combined, the structures will yield 420 apartments, with 63 designated as supportive housing units for formerly homeless individuals and families. ... Read full Story