Renova West, a 19-story tower now under construction at 860 Concourse Village East in the Bronx, is set to bring 266 affordable apartments and on-site health care under one roof. The plan mixes deeply subsidized supportive housing with a "whole health" hub where residents can access behavioral and physical health services. Developers say roughly 160 apartments will be reserved for formerly homeless households and tenants with mental or physical health needs.
City and project partners have closed $193 million in financing to get the building off the drawing board, according to NYC HDC. The development team, made up of Gilbane Development, the Institute for Community Living (ICL) and Tredway, says Renova West will be built to Passive House standards and will target LEED Platinum certification to cut energy use and operating costs. The capital stack includes a loan from the HPD Supportive Housing Loan Program and an HDC subsidy loan, both intended to keep rents deeply affordable for lower-income households.
Supportive Housing And On-Site Care
Renova West's supportive housing component will reserve about 160 units for people exiting homelessness and for residents with behavioral health needs, with on-site case management and care coordination handled by ICL, according to Gilbane Development. The building will also include an approximately 7,000-square-foot ICL Bronx Health Hub that is meant to serve as a front door to integrated behavioral health services, primary care connections and other social supports.
Rent Claims And What They Mean
Yarojin Robinson, a Gilbane development executive, told News 12 The Bronx that a market-rate studio in the area runs around $2,100 a month and that "these tenants will be paying less than $500 a month." Project partners' financing announcements and fact sheets do not spell out detailed rent schedules for each unit type, so what residents actually pay will depend on income, available subsidies and voucher programs.
Timeline And Neighborhood Impact
News 12 The Bronx reports that construction is expected to wrap up in 2028, following the financing close announced last winter. The site sits steps from transit at 149th Street and Grand Concourse and is easily reachable by the 2, 4 and 5 subway lines, according to New York YIMBY. The project lands as New York City rapidly expands supportive housing; HPD reports it created or preserved thousands of units for homeless households in the most recent fiscal year, and Renova West is poised to be one of the larger entries in that push.
