Goldman Sachs’ Urban Investment Group will provide $270 million in financing for a 385-unit affordable housing development in Brooklyn’s East New York neighborhood, Governor Kathy Hochul’s office said. The project marks the first phase of the Christian Cultural Center’s Innovative Urban Village, a multi-building redevelopment aimed at easing New York City’s housing shortage. The initial complex will reserve all apartments for households earning between 30% and 80% of the area median income, with 94 units set aside for residents who will receive on-site supportive services such as case management and legal assistance. Plans also call for a supermarket and other commercial space designed to improve access to everyday services. When complete, the Innovative Urban Village is expected to deliver about 2,000 affordable homes across 10 buildings, three acres of public open space and newly cut streets to better connect the 10-acre campus to the surrounding neighborhood. Developer Gotham Organization and contractor Monadnock Development are partnering with the megachurch on the effort. Asahi Pompey, chair of Goldman’s Urban Investment Group, said the investment is a “down payment on East New York’s potential.” The bank has directed nearly $11 billion to affordable housing and related projects across New York State since 2001, including about $9 billion within New York City.