On March 27th, the New York City Housing Authority (NYCHA) secured financing for a significant $391 million renovation project at Eastchester Gardens, a public housing complex in the Bronx. The project, part of the Permanent Affordability Commitment Together (PACT) program, will bring comprehensive upgrades to 877 apartments, as well as shared spaces, grounds, and building infrastructure, improving the quality of life for over 1,850 residents.
This financing milestone allows the PACT partner team—comprising MDG Design + Construction, Infinite Horizons, and Wavecrest Management—to begin work on modernizing the complex, which has now transitioned to Project-Based Section 8 through the federal Rental Assistance Demonstration (RAD) program. This funding will address capital needs while preserving affordable rents and resident rights.
“Bronxites in Eastchester, a working-class neighborhood with a rich history spanning generations, deserve modern, updated homes where they can raise their families and age gracefully in place,” said Deputy Mayor for Housing, Economic Development, and Workforce Adolfo Carrión. “Through this PACT project, residents played a key role in designing their future homes where generations of New Yorkers will live. With this collaboration between residents, NYCHA, and the PACT partner team, units will receive a suite of new upgrades, such as new radiators, air conditioning, appliances, windows, and other building improvements, delivering residents the quality of life they deserve.”
“This milestone is the result of years of collaboration, resident leadership, and thoughtful planning,” said MDG Design + Construction CEO Matthew Rooney. “We are excited to begin the work of delivering modernized homes and revitalized community spaces and ensuring a transformation that not only preserves and enhances the campus but also reflects the voices and priorities of the residents who call Eastchester Gardens home.”
Renovations will include new windows, flooring, appliances, hydronic radiators, updated kitchens and bathrooms, and a new centralized laundry room. Residents will also benefit from improved security, modernized elevators, energy-efficient lighting, and free high-speed internet access. Additionally, community spaces like the senior center and outdoor courtyards will receive significant upgrades.
“We are honored to serve as the property management team for Eastchester Gardens and are committed to delivering responsive, high-quality management that prioritizes resident needs,” said Wavecrest Management CFO Susan Camerata.
This extensive renovation project is expected to take approximately four years to complete, and the PACT program aims to bring similar improvements to many more NYCHA developments.
About NYCHA
The New York City Housing Authority (NYCHA) is the largest public housing authority in North America, providing affordable housing to over 520,000 residents across New York City. NYCHA’s mission is to create a city within a city by ensuring the well-being of its residents while offering critical services and resources to help improve their quality of life.
Originally reported by NYC Housing Authority.