Thessalonica Court - Bronx, NY

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Omni acquired the property in December 2004 with bonds provided by the New York City Housing Development Corporation (HDC) and Low Income Housing Tax Credits provided by New York City Department of Housing Preservation and Development (HPD). This property received a 20 year renewal of the Project Based Section 8 contract upon acquisition.

 

A $4.1 million rehabilitation of the property was completed in 2005.