A few local housing projects will see significant funds stemming from an affordable housing initiative led by the state.
Altogether more than $98 million has been awarded to create 1,054 affordable homes in 20 separate developments across New York, according to an announcement by Gov. Andrew Cuomo.
“As we rebuild from the pandemic, these awards are further proof of our unwavering commitment to ensuring all New Yorkers have a safe, stable and affordable place to live,” Governor Cuomo said. “By continuing to make these important investments in affordable and supportive housing across the state, we can improve the lives of families while building stronger, more diverse, and more equitable communities.”
In the Finger Lakes and Central New York the following projects were funded:
– $6.1 million for Lafayette Apartments in the village of Waterloo in Seneca County. The project will convert a vacant historic school building into 33 affordable apartments for seniors 62 and older with six supportive homes for senior households who require assistance to live independently.
– $5.1 million for Huntington Apartments in the town of Seneca Falls in Seneca County. Located in the town’s downtown district, the adaptive reuse project will transform an historic vacant factory into 53 apartments with 27 units reserved for veterans experiencing homelessness.
– $4.9 million for Sennett Meadows Senior Housing in the town of Sennett in Cayuga County. The development will include 60 apartments for seniors age 55 and older with 18 apartments set aside for seniors and veterans in need of supportive services.
– $3.3 million for Carpenter Park Apartments in the city of Ithaca in Tompkins County. The 42-unit mixed-income development will be constructed on underutilized land adjacent to the farmers market and will have access to the Cayuga waterfront trail.
“These 20 new developments will expand access to high-quality, energy-efficient, affordable housing opportunities and further local revitalization efforts in neighborhoods across the state. Our $98 million investment will build over 1,000 homes, including those for seniors, veterans, adults with special needs, and households experiencing homelessness or housing insecurity. As we emerge from the pandemic, we know that it is more important than ever that we continue to create healthy, economically thriving and inclusive communities and ensure that all New Yorkers have a safe place to call home,” HCR Commissioner RuthAnne Visnauskas said.
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