A fire-damaged Auburn apartment house could soon get new life as affordable housing, according to The Citizen. The owners want tax abatements to help finance a $4.3 million rehabilitation at 40–42 South St.
The Auburn Industrial Development Authority will consider $81,510 in tax breaks tied to sales, use, and mortgage recording taxes. The project would create 22 apartments for workers earning up to 60% of the area’s median income, with rents under $1,000.
The building has stood condemned since a 2022 fire that forced rescues of five tenants. AIDA officials will weigh the request despite noting past tax delinquencies and code violations linked to the owners.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to news@fingerlakes1.com.
