Social Return on Investment Profile: CAMBA Gardens

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Summary
A look at how CAMBA Housing Ventures (CHV) and New York Health+Hospitals partnered on an innovative model that reduces the cost of developing affordable homes for a vulnerable low-income population.
Description

CAMBA Housing Ventures (CHV) and New York Health + Hospitals partnered on an innovative model that reduces the cost of developing affordable homes for a vulnerable low-income population. This partnership resulted in a 99-year land-lease on the Kings County Hospital Center campus to CHV for the construction of supportive housing. Leveraging over $26 million in investment from Enterprise Community Partners, CHV was able to build CAMBA Gardens I on the Kings County Hospital Center campus, providing 209 new affordable homes with supportive services (permanent supportive housing, or PSH) for low-income and chronically homeless people.

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