Almat Urban

affordable housing, Bed Stuy, New Developments

Rendering courtesy of Leong Leong

The city’s Department of Housing Preservation and Development last week announced their plan for the construction of a 100 percent affordable homeownership development in Bed-Stuy as part of the Bedford-Stuyvesant Housing Plan. HPD, along with Almat Urban and the Bedford-Stuyvesant Restoration Corporation, will work to develop the Norma, an 11-story mixed-use development that will bring 44 homeownership opportunities to first-time home buyers. Located on Fulton Street and Howard Avenue, The Norma will offer a mix of condo-style units ranging from one to three bedrooms designated for those with low to moderate household incomes.

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