A billion-dollar affordable housing project is being constructed in New York on the site of one of the city's largest megachurches.
Construction has begun on a $1.5 billion housing project in New York which the developers hailed as 'a massive step' towards solving the city's housing crisis.Built on the site of a Christian megachurch in southeastern Brooklyn, Innovative Urban Village will provide over 2,000 affordable homes to New York Residents by 2031.
Bernard told Newsweek: 'With community space, a new grocery store and hundreds of affordable housing units, Innovative Urban Village is set to have a resounding impact on East New York for generations to come.'The first phase of the masterplan obtained financing in March, and construction commenced in April 2024.
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