What was once an abandoned lot in the South Bronx that reflected the urban blight of the borough is now the site of renewal and vibrancy. The area, visited by former President Jimmy Carter in 1978, and described by him as America’s “worst slum,” is now home to a $46 million housing complex with 173 moderately priced, green apartments.
Intervale Green, which was developed by the Women’s Housing and Economic Development Corp. (WHEDCo), a New York-based nonprofit organization, is built from nontoxic materials to help maintain clean air in a borough that has one of the highest asthma rates in New York. All of the apartments are rented to tenants earning below 60% of the area median income (AMI), which for a family of four in metropolitan New York City is $59,700. Monthly rent ranges from $782 for a one-bedroom apartment to $1,089 for a three-bedroom apartment.