Partnership Development: Urban renewal development with affordable housing for a range of income levels
CAMBA Housing Ventures, Inc. is co-developer with Hudson Companies and Related in the third phase of this urban renewal development, known as Gateway Elton Phase III. The project consists of two new construction buildings, generating 287 affordable housing units and an additional 45,000 square feet of retail space. Gateway Elton Phase III provides housing for a mix of income levels, at 60%, 50%, and 40% of Area Median Income (AMI).
Gateway Elton Phase III includes rooftop solar panels, which when combined with Phase I & II brings the entire project’s solar array to more than one Gigawatt. Gateway Elton Phase III participates in LEED for Homes and Enterprise Green Communities certifications, and achieves the highest level of energy efficiency in affordable housing.