55 single units
Opened in 1986, The Heights, was Broadway Housing Communities’ first project. The project was designed to build on the success of the supportive housing model first developed by the Franciscan friars in New York City in the late 1970′s to house the mentally ill homeless.
In developing The Heights, Broadway Housing set out to house an integrated population and encourage government investment and replication of the supportive housing model as a long term solution to homelessness.
Acquisition and renovation of the abandoned building at a total cost of $1.2 million was financed with multiple funding sources, including Federal tax credits. The project marked the first time that a tax credit limited partnership was used to finance housing for the homeless.
The success of The Heights attracted the interest of City and State officials and contributed to the establishment of New York City’s Supportive Housing Loan Fund in 1987, which provides nonprofit agencies with low interest loans to create supportive housing units. The SRO Support Subsidy Program established by NYS in 1988 provides a flexible funding source for nonprofit agencies providing services at supportive housing sites. These initiatives are widely regarded as the nation’s largest and most effective public initiatives addressing urban homelessness. Today, there are over 17,000 supportive housing units throughout New York City and 50,000 nationwide.