Antioch Baptist Church
"We are grateful to Community Capital New York and the dedication of all our funding partners. This project enhances the Bedford Hills neighborhood and will provide new, affordable homes to families for many years to come." -Marion Blount, President of Antioch Homes.
When the congregation of Antioch Baptist Church grew too large for its space and decided to relocate, it formed a public, private and nonprofit collaboration to redevelop the property and build affordable rental apartments for Bedford Hills residents. We are proud to have provided the initial $110,000 pre-development loan, early-stage capital that ultimately catalyzed an additional $2.2M in local, state, and other nonprofit development financings.
Together with our partners, the 12-unit Bedford Hills collaboration meets the need for more affordable housing in an area where the cost of renting or buying a home has increased faster than local wages.