From the New York Real Estate Journal:
According to the Municipal Housing Authority for the City of Yonkers (MHACY), a $2.5 million award was presented from the Federal Home Loan Bank of New York to help finance rehabilitation of the Ross F. Calcagno Homes apartment complex.
The rehabilitation work to the 278-unit complex will include new kitchens and baths, entry doors, light fixtures, flooring replacement, and common hallways. 5% of the units will be made accessible to individuals with disabilities. Exterior work will include new roofs, exterior doors, lintel replacement and brick repair. The work is scheduled to start in spring of 2020 and last for 18 months. The rehabilitation work will be done with residents in place.
“We are very pleased to announce this important grant which will provide for a major renovation of Calcagno Homes. Thanks to this award, Calcagno’s residents will enjoy their new homes without having to move,” said MHACY executive director Joseph Shuldiner.
Read the New York Real Estate Journal's article "Federal Home Loan Bank of New York awards $2.5 million grant for rehab of MHACY’s Calcagno Homes Complex," featuring the Municipal Housing Authority for the City of Yonkers.