The Village of Waterloo plans to reapply for the Restore NY grant to renovate buildings at 3, 5, and 7 W. Main St. after an unsuccessful attempt last year.
The Village Board voted on May 13 to hold a public hearing on May 20 at 6 p.m. in Village Hall regarding the application to the Empire State Development Corp. for up to $2 million in funding.
The grant would be used to refurbish three vacant, connected buildings for mixed commercial and residential uses. The properties, owned by Howard Friedman of New York City, will require a financial contribution from Friedman, with the amount determined by the state.
In addition to the grant application, the Village Board adopted the Pro-Housing Communities Pledge. This resolution outlines several steps to enhance housing availability, including streamlining the permitting process for various housing types such as multi-family, affordable, and accessible housing, as well as accessory dwelling units and supportive housing.
The pledge also commits the village to adopting policies that promote fair housing, incorporating regional housing needs into planning, increasing residential development capacity, and encouraging a diverse range of housing developments.
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