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Groundbreaking Ceremony For Bronx Affordable Housing Complex

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Affordable family-sized housing in Melrose, Bronx.

POKO Partners, LLC in partnership with New York City Housing Partnership, celebrates the start of construction with a groundbreaking ceremony on the first phase of a $13 million development which will result in bringing 37 affordable apartments over three sites to working class families in the Bronx.

This investment will help the Melrose neighborhood to continue to thrive and grow by providing much needed high quality affordable housing to this vibrant neighborhood.

Designed by GF 55 Architects, the oversized spacious homes will incorporate sustainable building practices including Energy Star appliances, lighting and high-efficiency plumbing and will be brought to market in early 2012. The buildings will each feature a lobby, elevator and laundry room in the basement exclusive to the residents. The street facades are brick with stone lintels and sills at the upper floors while decorative street-level masonry is flanked by curbside trees and landscaping.

Financing was provided through a variety of capital subsidy programs and grants, including: 9% Low Income Housing Tax Credits (LHTC); HOME Funds monies; a Reso A Grant; as well as conventional loans from the New York City Department of Housing Preservation Development, the Bronx Borough President's Office, First Sterling Financial, Inc., The Bank of New York Mellon and Community Preservation Corporation.

The event will take place at 1434-1438 Morris Avenue, Bronx on Tuesday, August 24, 2010 at 10:00 a.m.

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Affordable family-sized housing in Melrose, Bronx.
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Thomas Lockhart

was born June 8, 1953. Mr. Lockhart is a former Bronx resident from the Marble Hill section, and attended The Bronx High School of Science and Manhattan College. A former All-American basketball player at both institutions, he left for Europe in 1976 to pursue a professional career after a brief encounter with the Milwaukee Bucks of the NBA. Continuing his education he actively plunged into corporate marketing communications with international companies like Philips, Alstom, Qiagen Instruments, KPMG, European Space Administration, ABN-Amro Bank and the Port of Rotterdam, while continuing to play ball and coach. Teaching English and advertising in Holland led to the setup of Ideas Unlimited, his own International Business Communications firm. Mr. Lockhart has lived and worked in various countries for the past 33 years, speaks German, French, Dutch and is currently learning Italian. Now residing near Zurich Switzerland, he has three children, Jarrett, 31 Chief of Staff with the Bronx City Council, 14th District, Maraya, 21 and Malik, 11. Tom is currently serving as Communications Manager and Asst. Operations Coordinator of the Marble Hill Reunion and Development Project.