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Wells Fargo Offers $360 Million Financing to Major New York Affordable Housing Project

First Phase of 2,500-Unit Housing Development Breaks Ground in Queens
Wells Fargo has provided $360 million in financing for part of a Queens, New York, project depicted here in a rendering. (S9 Architecture)
Wells Fargo has provided $360 million in financing for part of a Queens, New York, project depicted here in a rendering. (S9 Architecture)
CoStar News
December 22, 2023 | 9:53 P.M.

Wells Fargo has provided $360 million in total financing for the first phase of what New York has billed as the city’s largest 100% affordable housing development in 40 years.

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