Permits & development · Deals & development · 10/15/2026
386 Affordable Homes Open at East New York's Innovative Urban Village
City and State leaders opened the first phase of Innovative Urban Village, 386 permanently affordable homes on the Christian Cultural Center campus in East New York. The next phase, with 453 homes and child care, has topped out. Phase 1A was backed by HCR, HPD and the State Office of Temporary and Disability Assistance. Phase 1B has support from HPD and the NYC Housing Development Corporation.
Published by Mayor's Office pressRead the original ↗
What happened
On October 15, 2026, Mayor Zohran Mamdani and Governor Kathy Hochul joined Gotham Organization, Christian Cultural Center (CCC) and Monadnock Development at Innovative Urban Village (IUV), an affordable housing development on CCC's campus in East New York, Brooklyn. They cut the ribbon on Phase 1A, which delivers 386 permanently affordable homes. They also marked the topping out of Phase 1B, which will add 453 affordable homes and a child care facility. The Mayor's Office announced the event. BK Reader also covered it and said News12 reported that Phase 1B is expected to open in spring 2027.
When complete, IUV is planned to have nearly 2,000 permanently affordable homes across 10 buildings. Plans also include child care, community programming, workforce development, a performing arts center, neighborhood retail and about three acres of publicly accessible open space. In June 2026 the team filed plans for Phase 2. That phase is expected to add 599 permanently affordable homes across three buildings, including 206 senior apartments.
CCC picked Gotham as its development partner in 2018 through a competitive request for proposals. The project received full land-use approvals in 2022. Phase 1A was financed with support from Goldman Sachs Alternatives' Urban Investment Group, HCR through the New York State Housing Finance Agency, HPD, and the New York State Office of Temporary and Disability Assistance, along with other partners. Phase 1B is backed by JPMorgan Chase, the NYC Housing Development Corporation, Red Stone Equity Partners and HPD.
The release ends with a quote that is cut off in the available text, so the speaker is not shown. The quote says the federal Low-Income Housing Tax Credit will help generate $115 million to build 385 new affordable homes in East New York. It also says IUV will include apartments reserved for survivors of domestic violence. The release does not explain how the 385 figure relates to the phase counts.
Key facts
- Location
- Christian Cultural Center campus, East New York, Brooklyn (no street address given)
- Date
- Ribbon cutting held October 15, 2026
- Phase 1A
- 386 permanently affordable homes, now complete
- Phase 1B
- 453 affordable homes plus a child care facility, topped out; expected spring 2027 per News12 via BK Reader
- Phase 2
- 599 permanently affordable homes in three buildings, including 206 senior apartments; plans filed June 2026
- Full build-out
- Nearly 2,000 permanently affordable homes across 10 buildings
- Developers
- Gotham Organization, Christian Cultural Center, Monadnock Development
- Public agencies
- HPD, HCR (via NYS Housing Finance Agency), OTDA, NYC Housing Development Corporation
What it means
Tenants and voucher holders
Phase 1A is complete, but the material does not say whether its apartments are still renting or how to apply. Anyone interested should look for IUV listings on NYC Housing Connect and check the income bands before applying.
Caseworkers
A quote in the release says some apartments at IUV are reserved for survivors of domestic violence. It does not say which phase, how many units, or how referrals work, so ask the developer or the funding agencies directly.
Landlords
Hundreds more income-restricted apartments are coming online in East New York, with 453 more expected in spring 2027 according to News12. The material says nothing about rents, so the effect on nearby market rents is unclear.
The highlights
- Phase 1B topped out, adding 453 affordable homes and a child care facility.
- Full build-out plans nearly 2,000 permanently affordable homes across 10 buildings.
- Phase 2 plans filed in June 2026 call for 599 homes, including 206 senior units.
Why it matters Voucher holders
A large new supply of permanently affordable units in East New York, with more phases coming, adds options for low-income and voucher-holding households.
What to do: Watch for application details as Phase 1B nears completion.
Not known yet
- Rents and income limits (AMI bands) for each phase
- Whether Phase 1A apartments were filled by lottery, referral or both, and whether any remain open
- How many units are set aside for domestic violence survivors, formerly homeless households or other groups, and how referrals work
- The street address and when Phase 2 construction would start or finish
Background
Affordable buildings financed by HPD, HDC or HCR in New York City usually rent most apartments through the NYC Housing Connect lottery. Each listing sets income bands tied to a percentage of Area Median Income, along with household-size limits and an application deadline. Applications are randomly ranked, and some units are often set aside for community board residents, people with disabilities or municipal employees. Projects with supportive or homeless set-asides typically fill those units through agency referrals instead of the open lottery. Applicants with rental vouchers can generally apply, and voucher holders are protected from source-of-income discrimination under city law.
Also drawn from: 386 Affordable Housing Units Open in East New York (BK Reader)
Summary written by Bulwark from the Mayor's Office press’s announcement. The original story is at nyc.gov. This is general information, not legal advice.
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Photo: Andre Carrotflower, CC BY-SA 4.0