Company

RiseBoro Community Partnership

Bushwick-based nonprofit community development organization · Serving Brooklyn for 50+ years

Websiteriseboro.org

Phone(718) 366-3800

Headquarters555 Bushwick Avenue, Brooklyn, NY 11206

Founded1973

4 Recorded Transactions

Not separately quantified Combined Transaction Value

Overview

RiseBoro Community Partnership is a Bushwick-based nonprofit that has served Brooklyn communities for more than 50 years, expanding from senior services into a holistic organization covering housing, health, education, and legal assistance. Its Housing Development division reports managing 147 buildings and 3,123 affordable housing units, with more than 6,000 New Yorkers living in RiseBoro-managed buildings. RiseBoro both develops new affordable housing and operates supportive-services programs within projects led by other developers.

Source: RiseBoro Community Partnership (official website)

Transactions Tracked

Alafia (Former Brooklyn Developmental Center) — Co-Development

co-developer

One of four co-developer partners (with L+M Development Partners, Apex Building Company, and Services for the UnderServed) on the state-funded Vital Brooklyn Initiative redevelopment of the former Brooklyn Developmental Center, East New York. No individual RiseBoro dollar amount is documented.

Bethany Senior Terraces — Developer

Developer

Developer of a completed 57-unit affordable senior (55+) Passive House building at 610 East 40th Street, Brooklyn, with on-site supportive services. Ribbon-cutting held mid-May 2026. No dollar amount disclosed in Hush Street's sourcing.

Completed project.

1601 DeKalb Avenue — Developer

Developer

Developer of a 100% affordable new-construction project at 1601 DeKalb Avenue through to Hart Street, Bushwick -- a contested spot-rezoning. Building topped out December 2024; housing lottery launched September 2025 with rents from ~$788/month. No dollar amount disclosed in Hush Street's sourcing.

Completed project (certificate of occupancy targeted January 2026 as of Hush Street's last verification).

NYCHA Hope Gardens — Social-Services Partner

Other

Social-services partner (not developer) on the completed $391 million PACT renovation of 1,315 units at the Wyckoff Avenue/Linden Street NYCHA campus, Bushwick; a separate $3 million New York State capital grant for the Hope Gardens Youth Center was announced June 2026. The $391M PACT figure is the overall renovation's total, not a RiseBoro-specific amount.

Role is social-services partner, not developer -- distinct from RiseBoro's developer role on the other three Projects.

Related Properties

Sources

RiseBoro | In the community for good. — RiseBoro Community Partnership
Affordable Housing Development - Brooklyn — RiseBoro Community Partnership

None of RiseBoro's 4 documented Brooklyn Projects carries a dollar figure specifically attributable to RiseBoro's own share -- each is either a multi-partner JV, a project-wide total not broken out by partner, or has no disclosed financing amount in Hush Street's sourcing.