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Saratoga Square

Program (?) Saratoga Square
Alternative Name(s) Saratoga Square Urban Renewal
Program Description

Saratoga Square is an urban renewal area located on the border of Bedford-Stuyvesant and Brownsville, Brooklyn. Initially under the Saratoga Square Urban Renewal Plan, developers were to build 376 two-family, owner-occupied homes, along with an additional 555 units rehabilitated in 116 existing buildings. The program proposed to maintain affordability with city capital funds of $10,000 per unit and federal subsidies of $25,000 per unit. This plan was never fully realized, however, as the funding available for the redevelopment and new construction of mixed-income rental projects in the neighborhood slowed in 1992. In 1994, HPD modified the plan to provide for the construction of about 400 two-family homes and the substantial rehabilitation of 80 abandoned, city-owned apartment buildings. In addition, the program called for the moderate rehabilitation of 30 occupied buildings, the construction of a new retail development, and two parks.

Benefit Classification (?)  
Supply or Demand Supply
One-Time or Ongoing One-Time
Benefit Type (?) Property
Government Agency (?) NYC Dept of Housing Preservation and Development
Program Information (?)  
Scale Medium Scale (between 1,000 and 4,999 units produced)
Timeframe 1992-Not Available
Developer/Owners (?) For-Profit, Non-Profit, Government
Property Information (?)  
Property Occupancy Occupied, Vacant
Property Type Land, Building, City-Owned
Building Type One- to Four-family
Construction Type Rehabilitation, New Construction
Occupant Tenure (?) Rental, Homeownership
Occupant Income Restrictions (?) Low-Income
Other Targeting Information (?)

Geographic Restriction

More Information NYCHA
Available on CoreData.nyc? No

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