View of the development’s block
Praxis Housing Initiatives “is NYC’s largest provider of transitional housing to homeless people with HIV/AIDS and is one of city’s lowest cost/highest service housing providers.” As part of its 2012 strategic plan, the organization began a permanent supportive housing program, and in just two years time they opened their first development in the Bronx. In 2015, they closed on the second at 2264 Loring Place North in Kings Bridge Heights and built an eight-story, 66-unit building. Of these apartments, 14 are reserved for community-based affordable housing for those earning 60 percent of the area median income. They include $931/month one-bedrooms and $1,123/month two-bedrooms and have just come online through the city’s affordable housing lottery.