11/03/2025
On Wednesday, October 29, Acacia Network celebrated a ribbon-cutting ceremony at its newest housing development, Virginia House, a senior affordable / supportive housing development at 128 East 112th Street in East Harlem. The $33.4 million development is home to 56 units of affordable housing dedicated to low-income seniors (62+), with 23 units reserved for formerly homeless individuals.
The ribbon cutting was attended by Acacia Network leadership, government partners including the New York City Department of Housing Preservation and Development (HPD) and the Dormitory Authority of the State of New York (DASNY), project funders and contractors, as well as community and nonprofit partners.
“Acacia Network is incredibly grateful to our many partners for their support in opening Virginia House,” said Raul Russi, President of Acacia Network. “This building has an incredible history serving those in our community who often have nowhere else to turn. As a nonprofit housing developer, Acacia Network works hard to ensure that our most vulnerable neighbors have safe, permanent homes where they can live with dignity and pride. We’re honored to continue stewarding a legacy of community service that began a century ago on East 112th Street, allowing El Barrio’s seniors to age in place in the community they love.”