Greater Centennial Homes
Mount Vernon, NY; 157 Units, Low Income Apartments


The Greater Centennial African Methodist Episcopal Zion Church sponsored the construction of this scattered site, low income, master-metered, project in the early 1970’s.  The original loan was FHA-insured. By 2006, the project was in serious need of substantial rehabilitation. The HAP rents, having only received OCAF increases over the years, were seriously below market. The project, although fully occupied, was struggling financially. During the course of environmental review, it was discovered that the project was located directly over an abandoned coal gasification plant site. The soil and groundwater were seriously contaminated with volatile hydrocarbons, some of which had been permeating the air outside project buildings for over a generation.

The Challenge

This project presented five key challenges: