970 Franklin Ave
A development
worthy of community support.
The rezoning at 962-972 Franklin Avenue, herein referred to as 970 Franklin Avenue, seeks to transform a vacant and underutilized plot of land into a 14-story, mixed-income residential development with 25% WORKFORCE* + AFFORDABLE HOUSING.
If approved, 119 units built on the site will be reserved for low to middle-income households -- providing desperately needed permanent housing for the hard-working lower-and middle-income residents of Crown Heights and the greater NYC community.
*What is WORKFORCE HOUSING? Housing for essential workers (teachers, grocery clerks, bus drivers, nurses, firefighters), union workers, community entrepreneurs, and any others who are rent burdened but don't qualify for "low-income/affordable" housing.
% AMI / Affordability Chart
A Union BFO
project.
UNION BUILT.
UNION FINANCED.
UNION OPERATED.
Unlike other developments in surrounding area, 970 Franklin Avenue will be built by a combination of workers from:
-
AFL-CIO Labor Unions;
-
100 Blacks in Construction;
-
Greater NYC Building & Construction Trades.
It will be financed by the AFL-CIO Housing Investment Trust, which will ensure all promises to be union-built and union-operated are kept. And it will be operated by 32BJ.
