ACTION-Housing, Inc. Board of Directors Treasurer, Ricardo G. Savido, who is also the President of BNY-Mellon’s Community Development Corporation, spoke briefly at the ceremonial wall-busting to kick off construction activity on the Shanahan Apartments.

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A Downtown nonprofit group will become a landlord to a commercial enterprise in Forest Hills, three years after the property's previous owners defaulted on a publicly funded loan to help buy and renovate the property.ACTION Housing, which generally focuses on providing housing for low-income residents, mostly the elderly and disabled, bought the building at 2104 Ardmore Blvd. at a sheriff's sale for $3,111 in March 2011.

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