UPDATE Yonkers: Michigan Developer Gets $56.8M in Incentives to Build Affordable Housing for Low-Income Seniors

Michigan-based Verus Development, will receive a $56.8 million incentives package to facilitate the completion of a new, affordable, rental property for low-income seniors at 345 McLean Avenue in Yonkers, New York, as reported by YIMBY.   The 12-story building will feature 105 apartments in studio, one-bedroom and two-bedroom layouts, all reserved for seniors of 62 years and older with an income at or below 60 percent of the area median income, according to YIMBY.   Amenity spaces will include a community room equipped with computers, a library, recreational space, a shared laundry room, and bike storage. Residents will also have


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