A nonprofit housing group has proposed building a 500-unit affordable housing complex on a vacant lot and former industrial site in the South Bronx.

Phipps Houses, which describes itself as the city’s largest nonprofit housing provider, submitted an application on Monday with the Department of City Planning seeking a rezoning of 893-895 East 167th St. in the Foxhurst neighborhood of the Bronx, at a former brownfield site.

The project, named Rosa del Monte, would include 75 units for formerly homeless New Yorkers and 174 units considered affordable for people at 50% of the average median income for the area, which is $72,900 for a family of three. It would also include 99 units considered affordable for people at 60% of AMI, 99 units for people at 80% of AMI and 50 units for people at 1

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