Fifteen Brooklyn families are realizing their dream of owning homes in Brooklyn through a years-long project of the non-profit organization Habitat for Humanity.
The project was launched about ten years ago, according to CEO of Habitat for Humanity Karen Haycox.
“We’ve been holding the property and putting the project together for the better part of 10 years. From groundbreaking until now has been about three years.”
The blue ribbon cutting ceremony took place in the backyard of the brand-new condominiums on Dean Street last Saturday. The housing will provide affordable home ownership solutions for 15 families that meet the financial standards of being at least 80% below the Area Median Income.
During the ceremony the condos were visited. They are two-bedroom units with wood floors, nice-sized closets, kitchen bars, and brand-new appliances. The homes cost between $200,000 and $280,000 with 30-year, fixed interest mortgages.
The series of buildings are located on Dean Street and Mother Gaston Boulevard in the Brownsville neighborhood. The lucky and grateful families will be able to move in by the end of September.
Habitat for Humanity is an organization with 40 years of experience bringing affordable housing to those in need all over the world.