The New York State Governor’s Office Nov. 15 announced the completion of The Pearl, a 270-unit affordable and supportive housing development in Staten Island that includes 138 apartments for formerly unhoused seniors with on-site supportive services. The $155 million project provides housing for households earning up to 80 percent of the Area Median Income and received financing from state agencies, including tax-exempt bonds and tax credits. [N.Y. State Governor’s Office, Press Release, 11/15/24]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.