This phase is comprised of 240 units of low-income rental housing in 30 eight-unit buildings and is the final portion of Phase 4. Closing on construction financing occurred in December 2022 and is currently under construction.  Construction will last approximately two years.

The project is financed under the New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) Extremely Low & Low Income Affordability (ELLA) Program.  Units are affordable to households ranging from 30% of Area Median Income (AMI) to 80% AMI.  Like the prior phases 4B-1 and 4B-2, the design of these octets maintains the low to mid-rise character of the Spring Creek neighborhood.