Homeownership (B5 & B6)
The affordable homeownership at Stevenson Commons (B5 & B6) will include two new residential buildings, providing a total of 58 affordable cooperative (coop) units developed in accordance with HPD’s Open Door Program. The buildings will have a mix of 1-beds, 2-beds, and 3-beds, and available to households earning 60%-80% AMI. Camber has partnered with Habitat for Humanity New York City to provide homeowner education and assistance to future homebuyers. Construction will start in January 2024, and homeowner applications are expected to be available October 2025. Average monthly housing costs for households are detailed below, broken out by bedroom size: