Hanley Wood Announces 2017 Affordable Housing Finance Readers’ Choice Awards

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Honoring the nation's best affordable housing developments

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Hanley Wood, the premier information, media, event, and strategic marketing services company serving the residential, commercial design, and construction industries, is pleased to announce the winners of its 2017 Affordable Housing Finance Readers’ Choice Awards. The winners will be honored at a ceremony held during A HF Live: The Affordable Housing Developers Summit, Nov. 14-16, in Chicago.

Each year, Affordable Housing Finance magazine honors the nation’s best affordable housing developments. This year, 36 finalists selected by AHF editors vied for top honors in 10 categories, and then subscribers voted for each category winner plus an overall grand winner.

Draper Hall in Manhattan, N.Y., has been selected as this year’s overall winner as well as the best seniors project. The development by SKA Marin will combine 203 units of affordable housing for seniors 62 and older with health-care resources in a key location in Manhattan’s gentrifying East Harlem neighborhood.

To help residents age in place, the developer has a tenant that will provide an adult day program with home health care and medical services. It also will act as a liaison between the residents and Metropolitan Hospital, which is across the street from the development.

In addition to providing key housing and services, the development is good for the larger neighborhood. SKA Marin is revitalizing a site, originally home to a nurses’ dormitory and a training facility operated by the New York City Health and Hospitals Corp., that had sat vacant since flooding during Superstorm Sandy in 2012.

Draper Hall, which is slated to open in October, includes the gut rehab of the existing building and a 14-story new-construction addition to create the apartments and an elevator lobby. The two-story podium is being transformed into a multipurpose community room with views of the East River as well as space for the adult day program. Part of the podium has been demolished to create additional outdoor space for the seniors.

“We feel that this is a project that has gotten tremendous support from the city of New York, and there’s a great need for it, especially in Manhattan,” says Sydelle Knepper, founder and CEO of SKA Marin. “We think it’s going to be a wonderful living environment.”

The other 2017 Readers’ Choice Award winners are:

Family: Courtside Apartments in Miami by Housing Trust Group and AM Affordable Housing

Green: Tapestry on the Hudson in Troy, N.Y., by The Community Builders

Historic Rehab: Lofts on Arthington in Chicago by Mercy Housing Lakefront

Mixed-Income: The Marion West in Seattle by Low Income Housing Institute

Preservation: Hawthorne East Apartments in Portland, Ore., by Northwest Housing Alternatives

Public Housing Redevelopment: Raven Terrace in Seattle by the Seattle Housing Authority

Rural: Silver Lakes in Madison, Ga., by The Woda Group, Inc., and Parallel Housing, Inc.

Special-Needs: Crest Apartments in Van Nuys, Calif., by Skid Row Housing Trust

Urban: Alta Mira Senior and Family Apartments in Hayward, Calif., by Eden Housing

For more information, visit housingfinance.com.

About Affordable Housing Finance
Affordable Housing Finance magazine is the nation’s leading source of news for developers, investors, financiers, and housing officials. It provides in-depth coverage of affordable housing development and financing. To learn more, visit housingfinance.com.

About Hanley Wood
Hanley Wood is the premier company serving the information, media, and marketing needs of the residential, commercial design and construction industry. Utilizing the largest analytics and editorially driven Construction Industry Database, the company provides business intelligence and data-driven services. The company produces award-winning media, high-profile executive events, and strategic marketing solutions. To learn more, visit hanleywood.com.

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Irina Woelfle
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