Governor Andrew M. Cuomo today announced that more than $22 million has been awarded to seven affordable housing developments in Western New York that will create or preserve 213 affordable homes. The funding is part of more than $200 million the state is awarding to build or preserve more than 2,800 affordable apartments across New York’s 10 regions, revitalize communities, and generate $1.1 billion in economic activity.
“This investment is a significant milestone in New York’s $20 billion housing and homelessness plan, and a giant step forward in our efforts to increase access to homes for families, seniors and our most vulnerable men and women across the state,” Governor Cuomo said. “These resources will help the region build affordable, stronger, better neighborhoods for our residents for generations to come.”
The Governor’s commitment to providing all New Yorkers with access to safe, affordable housing is reflected in the state’s unprecedented $20 billion, five-year Housing Plan. The plan makes housing accessible and combats homelessness by building and preserving 112,000 affordable homes – enough to house every resident of the City of Buffalo – and 6,000 units of supportive housing. The plan is a comprehensive approach to statewide housing issues and includes multifamily and single-family housing, community development, and rent stabilization.
The funds were available through New York State Homes & Community Renewal’s 2017 Unified Funding Application, a streamlined process to apply for Low Income Housing Tax Credits and low-interest loans for affordable, multifamily developments. Projects are funded in every region of the state.
RuthAnne Visnauskas, Commissioner of New York State Homes and Community Renewal said, “Today’s announcement is another concrete example of Governor Cuomo’s commitment to investing in affordable housing that not only provides quality homes to people who need them, but addresses the crisis of homelessness, makes downtowns come alive with opportunity, and improves quality of life throughout the state. By delivering affordable homes to Western New York, we continue to grow the region’s economy.“
The awards announced today for Western New York will:
Continue Buffalo’s Transformation
$1.7 Million for Cigar Factory Apartments, City of Buffalo. The mixed-use development involves the new reconstruction and adaptive reuse of a historic former cigar factory site and historic garage into 4 workforce apartments and the new construction of a 7-unit residential and commercial building. Cigar Factory Apartments is located on the East Site of Buffalo in the Broadway-Fillmore neighborhood.
$3.9 Million for ELIM Townhouses, City of Buffalo. The development will construct 5 townhouse buildings for a total of 30 homes on vacant industrial land adjacent to the mixed-use and mixed-income Highland Park Development Project. Residents of ELIM Townhouses will have easy access to several public transportation routes with direct access to downtown, health care facilities, municipal services, schools, retail, a library and parks.
$4.5 Million for Westminster Commons, City of Buffalo. The newly constructed mixed-use development will create 84 apartments for seniors 55 and up alongside a treatment center for the residents and community in the existing historic Westminster Settlement House. The treatment center will include a medical clinic, pharmacy, rehab services and a senior social adult day program.
$858,000 for Trinity One Apartments, City of Buffalo. The development will convert a vacant 2-story mixed-use garage into 8 workforce apartments and demolish another dilapidated structure to create surface parking for residents.
Tackle Homelessness with Supportive Housing in North Tonawanda
$1.7 Million for Tremont Street Apartments, City of North Tonawanda. The adaptive reuse of the 2-story YWCA office building will create 12 apartments for formerly homeless individuals who will receive services and support through Governor Cuomo’s Empire Sate Supportive Housing Initiative. The development also includes administrative offices for the YWCA and a social enterprise coffee shop.
$4.9 Million for Grant Street Apartments, City of North Tonawanda. The development will transform an existing former school building into 52 workforce apartments with 12 for homeless individuals with intellectual or developmental disabilities. Grant Street Apartments is in a predominately residential neighborhood with easy access to public transportation, the North Tonawanda Farmers Market, and commercial and retail amenities.
Turn the Historic Burros Furniture Building into Quality Homes for Wellsville Seniors
$4.5 Million for 23 North, Village of Wellsville. The adaptive reuse of the historic Burros Furniture Building will create 16 affordable homes and commercial space for seniors.