AND believes that historic preservation is an indispensable component of a holistic community development strategy. Most of the buildings in our portfolio date to the early 20th century. These buildings, with regular investment and renewal, have entered the 21st century continuing to provide affordable housing to low- and moderate-income Northern Manhattan residents. As we proceed with our Ascendant Heritage Apartments project, we are faithfully restoring these buildings and replacing lost architectural details. When the project is complete, residents and the community will experience both beautiful new homes and revitalized streetscapes.
Beyond the rehabilitation of our own portfolio, we have expanded our historic preservation work through our participation in the East Harlem Neighborhood Plan, the 126th Street Bus Depot Task Force (Harlem African Burial Ground Memorial and Mixed-Use Project), and Landmark East Harlem. We have also increased our advocacy on behalf of threatened historic properties across Northern Manhattan.
With our partners in Landmark East Harlem, we have had significant success in raising awareness about the rich tapestry of historic resources in East Harlem. We have also worked with the Landmarks Preservation Commission (LPC) and the State Historic Preservation Office (SHPO) to bring long-overdue protections to several properties throughout the neighborhood. Since late 2017, LPC has designated three new individual landmarks in East Harlem and calendared a fourth potential individual landmark. SHPO has issued a Determination of Eligibility for a proposed East Harlem Historic district, which is the first step listing the district on the State and National Registers of Historic Places. The proposed East Harlem Historic District would encompass over 650 properties. Once the district is listed, property owners within it would become eligible for federal and state historic rehabilitation tax credits.