Madison – Putnam

Madison–Putnam, located at 924 and 926 Madison Street in Bedford-Stuyvesant, is a 48-unit affordable housing development completed in 2012. Developed in partnership with CPC Resources, the project spans seven residential buildings totaling approximately 60,000 square feet and reflects Nehemiah’s commitment to high-quality, community-focused housing. The $15 million development was financed through a combination of public and private sources, including PNC Bank, the New York State Pension Fund, New York City HPD, and Low-Income Housing Tax Credits, ensuring long-term affordability and neighborhood stability.