National Equity Fund, Inc. National Equity Fund, Inc.

Extraordinary things happen when you have great partners
Since 1987, National Equity Fund® has invested more than $13 billion revitalizing neighborhoods,
fostering economic growth and creating affordable sustainable housing.

Liberty Village

Liberty Village

Veterans Housing

Liberty Village is a new 60-unit supportive housing development built on a portion of the former North Armed Forces Reserve Center site in Amityville, New York. The 48 one- and 12 two-bedroom furnished apartments target homeless single adults and families, with a priority on veterans with special needs. The homes are affordable to those earning at or below 50 percent of Area Median Income.

The property was divided into three lots, one that was added to an existing park and includes a playground and pool available to Liberty Village residents. The second contains a community resource center known as the SUCCESS Center and houses several not-for-profit groups providing a variety of support services, and the third, centrally located, contains CA’s 60 homes.

Services are provided through various providers dedicated to the prevention and reduction of homelessness and include case management, educational programs, job placement assistance, connections to clinical, medical and legal services and parenting education.

Sponsor, Concern for Independent Living, Inc., is the leading supportive housing provider on Long Island, operating more than 30 housing programs for special needs populations. National Equity Fund® invested $13.1 million of LIHTC equity.


Project Details

Completed
2014
Location
600 Albany Avenue
Amityville, NY
Project Type
Veterans Supportive Housing
Total Units
60
Mix of Residences
48-1 br; 12-2 br
Limited Partnership
Concern Amityville, LLC
Tax Credit Equity
$13.1 million
Total Project Costs
$21.6 million
Sponsor
Concern for Independent Living, Inc.
Permanent Lenders
-New York State Homeless Housing &
Assistance Corporation
-Suffolk County, New York
-Concern for Independent Living, Inc.
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