The city has allotted nearly $23 million to renovate three affordable housing properties in the Bronx.
The buildings are known as the Mount Sharon HDFC — one of them at 2085 Walton Avenue — and are located in the Kingsbridge and Fordham neighborhoods. Two of them will be outfitted with new windows, plumbing and electrical systems. The renovations are set to be complete by 2016.
The families renting the units are earning no more than 60 percent of the area’s median income, or $50,340 a year for a four-person family. The repairs are being done in partnership with multiple city agencies and Enterprise Community Investment.
Renovations began in July on 106 apartments, the New York Daily News reported. [NYDN] — Mark Maurer