August 26, 2025

Bowery Residents’ Committee

$3.2 million participation in a $6.4 million acquisition loan led by CSH

Founded in 1971, the Bowery Residents’ Committee (BRC) is one of New York City’s leading providers of housing, treatment, and other services for unhoused adults. In 2024, BRC served over 10,000 people, including helping 1,200 clients move from homelessness to stable, permanent housing. The $3.2 million participation in a $6.4 million loan is the latest in a 25-year history of NFF proudly backing BRC. It will support acquisition and predevelopment expenses for the construction of a new 95-unit housing project in the Bronx, which includes 57 supportive housing units, 37 affordable units, and one super unit. With this financing, BRC will be able to expand its reach to a community with limited housing options, offering stability and dignity to more individuals for years to come.