New York Construction Report staff writer
More than $240 million in tax credits and subsidies has been awarded to create and preserve nearly 1,800 affordable homes across 27 housing developments statewide, New York officials announced.
The funding will support projects that include supportive services, enhanced accessibility features and sustainability measures designed to lower utility costs for residents and reduce carbon emissions. The developments will serve people of all ages, including working families, seniors and individuals living with disabilities.
“The housing crisis won’t solve itself,” said Gov. Kathy Hochul. “If we want New York to remain a place people can afford to call home, we have to act with urgency.
“That means building more housing in every region and making targeted investments to expand affordable homes for people of all ages and phases of life including working families, seniors, and people living with disabilities.”
The awards were issued through New York State Homes and Community Renewal’s annual Low-Income Housing Tax Credit competitive funding round. Financing includes $66 million from federal and state Low-Income Housing Tax Credit programs and $176 million in subsidy loans.
When combined with private investment, the projects are expected to generate approximately $1 billion in total development activity.
More than half of the awarded projects will also receive support from other state agencies, including New York State Energy Research and Development Authority, Empire State Development, the New York State Office of Temporary and Disability Assistance, the New York State Office for People With Developmental Disabilities and the New York State Office of Mental Health.
State officials said the cross-agency support reflects a coordinated effort to address housing affordability while strengthening local economies.
New this year, Homes and Community Renewal updated its design guidelines and scoring incentives to increase accessibility in funded projects. The changes prioritized developments with a higher proportion of accessible units, resulting in a 33 per cent increase in fully accessible apartments for residents with mobility, hearing or visual impairments.
All of the projects are expected to achieve high levels of carbon reduction.
The awarded projects are:
Capital Region
$6.8 million for SCAP Campus Apartments in Schenectady – Construction of a 60-unit affordable and supportive housing development. The project is planned to be co-located with a separate childcare and family resource center. Developed by DePaul.
$7.5 million for Excelsior Apartments in Saratoga Springs – Construction of a 50-unit affordable and supportive housing project. The project will include on-site solar funded through the Multifamily Solar Program. Developed by Beacon Communities.
$9.6 million for The Finley in Saratoga Springs – Construction of a 71-unit affordable and supportive housing development. The project includes a community building with amenities and offices for on-site services. Developed by Rise Housing and Support Services.
Central New York
$9.3 million for Cortlandville Commons in the Town of Cortlandville, Cortland County – Construction of a 68-unit affordable and supportive housing project that also includes commercial space intended for a childcare provider. Developed by Regan Development Corporation.
$9.6 million for Jordan Landing in the Village of Jordan, Onondaga County – Construction of a 65-unit affordable and supportive housing project spread across nine buildings. Developed by Eagle Star Housing.
$8.6 million for Marcellus Manor in the Town of Marcellus, Onondaga County – A 72-unit affordable senior housing project that includes preservation of the Nine Mile Landing and Upper Crown developments, as well as new construction of a third site. This project includes funding from the Clean Energy Initiative. Developed by Lakewood Development / Southern Hills Preservation Corp.
Finger Lakes
$4.5 million for Midvale Commons Phase 2 in the Town of Perinton, Monroe County – The second phase of a multi-phase Midvale Commons development. This phase includes the new construction of 28 bungalow-style affordable housing units for seniors. The project is spread across eight buildings. Developed by Pathstone Development Corp.
Long Island
$19.2 million for Dogwood Terrace in the Town of Hempstead, Nassau County – Redevelopment of a 104-unit public housing development which will include a new 3,700 square foot community facility. Developed by Georgica Green Ventures and the Town of Hempstead Housing Authority.
$12.2 million for Northville Commons in Town of Riverhead, Suffolk County – The first phase of a larger plan to redevelop vacant land owned by the First Baptist Church of Riverhead. This phase includes construction of an 80-unit affordable and supportive housing project. Developed by Georgica Green Ventures.
$13.2 million for Alegria South in the Town of Brookhaven, Suffolk County – Construction of a 96-unit affordable and supportive housing project. The development will include townhomes as well as a community facility. Developed by D&F Development Group.
$12.3 million for Bishop Ronald H. Carter Manor in the Village Freeport, Nassau County – Construction of an 80-unit senior and supportive affordable housing project. The project includes a parking facility to be shared by the adjacent Refuge Church of Christ of Roosevelt. Developed by D&F Development Group.
Mid-Hudson
$5.8 million for Ridgeview Apartments in the Town of Crawford, Orange County – Construction of 42-unit affordable and supportive housing project. Developed by Access: Supports for Living.
$6.3 million for Stone Creek Commons in Town of Saugerties, Ulster County – Construction of 47-unit affordable and supportive housing project. The development will also include a community facility for support services. Developed by Rehabilitation Support Services.
$7.2 million for Hallstead Farms in the Town of LaGrange, Dutchess County – Construction of a 72-unit affordable housing project. Developed by Parkview Development.
Mohawk Valley
$7.8 million for Solstice Commons in the City of Oneonta, Otsego County – Construction of 61-unit affordable and supportive housing project. The project will include onsite solar funded through the Multifamily Solar Program. Developed by Rehabilitation Support Services.
$9 million for Columbia Square Apartments in the City of Utica, Oneida County – Construction of a 66-unit affordable and supportive housing project. The development will include a mix of apartments and single‐family residences. Developed by DePaul.
$5.9 million for Rockton Plaza in City of Little Falls, Herkimer County – The first phase of a two-phase redevelopment of the Little Falls Housing Authority’s public housing portfolio. This phase includes the new construction of a 44-unit affordable housing development for seniors. The project will include onsite solar funded through the Multifamily Solar Program. Developed by Little Falls Housing Authority.
New York City
$11.1 million for 2863 Atlantic in Brooklyn – Construction of a 70-unit affordable and supportive housing project in Brooklyn’s East New York neighborhood. The development will include units reserved for young adults aged 18-25 who are aging out of foster care. Developed by United Cerebral Palsy Associations of NYS (Constructive Partnerships Unlimited).
$9.3 million for 1848 Vyse in the Bronx – Construction of 119-unit affordable and supportive housing development in the Bronx’s East Crotona Park neighborhood. Co-developed by Goddard Riverside Community Center and Fish Plate Development.
$15.3 million for Archer Avenue Apartments in Queens – Construction of a 127-unit affordable and supportive housing development in Queens’ Jamaica neighborhood. Developed by Transitional Services for New York.
North Country
$9.7 million for Fireman’s Field Apartments in Town of Ticonderoga, Essex County – Construction of a 60-unit affordable and supportive mixed-use project. The development will include space for a childcare facility. Developed by Regan Development Corporation.
Southern Tier
$11.8 million for YWCA Intergenerational Campus in the City of Binghamton, Broome County – A 68-unit affordable and supportive mixed-use project that includes both new construction and preservation of a building that will be transformed into a childcare facility. The project will include onsite solar funded through the Multifamily SolarProgram. Developed by YWCA of Binghamton and Broome County.
$8.4 million for Southport Corners in the Town of Southport, Chemung County – Construction of a 60-unit affordable senior housing project. The development will be located on the site of a vacant mobile home park. Developed by SCAP.
$5.8 million for Parish Heights in City of Corning, Steuben County – An adaptive reuse project that will transform the vacant historic St. Vincent de Paul Church and school complex into 45 affordable units for seniors and families. This project includes funding from the Clean Energy Initiative. Developed by Housing Visions.
Western New York
$5.5 million for McCoy-Young Commons in Buffalo – Construction of a 49-unit affordable housing project built on the site of the McCoy Convention Center building. The development will include both apartments and townhomes located on two sites across the street from one another. Developed by Belmont Housing Resources for WNY.
$4.2 million for Blooming Gardens in the City of Jamestown, Chautauqua County – A 34-unit affordable and supportive housing project that includes both preservation and new construction. The units will be located across several sites. This project includes funding from the Clean Energy Initiative. Developed by Citizens Opportunity for Development & Equality Inc. And Southern Tier Environments for Living.
$6.2 million for Sanborn Square in the Town of Lewiston, Niagara County – Construction of a 50-unit garden-style affordable housing project. Developed by Park Grove Development, LLC.
