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# And On The Other End Of The Spectrum, An Affordable Housing Victory For CAMBA
- URL: https://bklyner.com/and-on-the-other-end-of-the-spectrum-an-affordable-housing-victory-for-camba/
- Published: 2014-01-17T20:05:50.000Z
- Updated: 2014-01-17T20:05:50.000Z
- Author: Nora Whelan
- Tags: #API-Imported

![camba gardens via camba](/content/images/wp-content/uploads/2014/01/Screen-Shot-2014-01-17-at-2.26.46-PM.png)

Alongside the $2 million plus property sales in our area as of late, [CAMBA Housing Ventures](http://www.cambahousingventures.org/?ref=bklyner.com) is still working to preserve housing for all across Flatbush.

This past Thursday, January 9, the local non profit was honored with the Low-Income Housing Tax Credit ([LIHTC](http://portal.hud.gov/hudportal/HUD?src=/program%5Foffices/comm%5Fplanning/affordablehousing/training/web/lihtc/basics&ref=bklyner.com)) Development that Best Demonstrates Financial Innovation prize at the [5th Annual Novogradac Journal of Tax Credits Developments of Distinction Awards](http://www.novoco.com/low%5Fincome%5Fhousing/dod%5Fawards/index.php?ref=bklyner.com) for their [CAMBA Gardens Phase I](http://www.cambahousingventures.org/Projects/Completed/CAMBAGardens.aspx?ref=bklyner.com) supportive and affordable housing project, consisting of two buildings on Albany Avenue between Winthrop Street and Clarkson Avenue.

With 209 rental units and capacity for 400 tenants, the [LEED Platinum-rated](http://www.usgbc.org/leed/rating-systems?ref=bklyner.com) buildings ([Milk & Honey has nothing on this wall!](http://gspacedesign.com/wordpress/camba-gardens-lobby-green-wall/?ref=bklyner.com)) will provide more than twice as many homes for low-income Brooklynites as the organization’s [97 Crooke Avenue](http://www.cambahousingventures.org/Projects/Completed/97CrookeAvenue.aspx?ref=bklyner.com) and [Morris Manor](http://www.cambahousingventures.org/Projects/Completed/MorrisManor.aspx?ref=bklyner.com) (1247 Flatbush Avenue between Ditmas and Newkirk Avenues) developments combined.

CAMBA Gardens had to satisfy a daunting list of requirements to even be nominated for the LIHTC award, including the development having a meaningful community impact, overcoming obstacles on the way to completion, and setting a precedent for future construction and community change. CAMBA Housing Ventures was able to leverage nearly $67 million for the project through a combination of state, county, and local funding sources, which you can learn more about [here](http://issuu.com/cambainc/docs/camba%5Fgardens%5Fbrochure?ref=bklyner.com).

Congratulations, CAMBA, and thank you for working tirelessly to expand the amount of affordable housing in NYC.

*Image via [CAMBA Housing Ventures](http://issuu.com/cambainc/docs/camba%5Fgardens%5Fbrochure?ref=bklyner.com)*