Construction of Genesee Crossing Injected $8.9 Million into Local Economy, Creating 33 State-of-the Art Affordable Apartments
Albany, NY (July 31, 2014)
Governor Andrew M. Cuomo today announced the opening of Genesee Crossing, a revitalization project that will spur economic activity, provide 33 quality affordable apartments for families and seniors, and revitalize deteriorated properties in central Utica.
“Every New Yorker deserves to live in a safe, affordable community, and through Genesee Crossing we are providing more families with a place to call home,” Governor Cuomo said. “This development has replaced vacant or neglected lots around Utica with quality housing for low income families. We have made it a priority over the past several years to fund projects that support affordable housing alternatives, and this is another step forward in ensuring that every New Yorker has the home they deserve.”
Genesee Crossing, an $8.9 million development, features 13 new buildings including a nine-unit senior citizen residence. The facility was created in partnership through New York State Homes and Community Renewal (HCR), Housing Visions Consultants, Inc., and the City of Utica. It was awarded through the federal Low Income Housing Tax program as well as $1.9 million from the New York State HOME Program, which together will generate more than $6.2 million in equity.
Genesee Crossing meets HCR’s Energy Efficiency initiative by participating in New York State Research and Development Authority’s (NYSERDA) Energy Star Labeled Homes Program. All units have Energy Star heating, air conditioning, appliances, and light fixtures. Managed by Housing Visions, a local provider, these apartments are available to low-income residents.
Darryl C. Towns, Commissioner & CEO of HCR, said “We are proud to be part of Genesee Crossing and to partner with Housing Visions and the City of Utica. Under Governor Cuomo’s leadership, we are investing resources in developments like this across the State that not only result in sustainable, affordable homes, but stronger, healthier communities for families and the future.”
Kenyon Craig, President of Housing Visions, said, “Housing Visions is proud to celebrate the completion of Genesee Crossing. We want to thank Governor Cuomo and our partners at New York State Homes and Community Renewal for their ongoing commitment to affordable housing and neighborhood revitalization. The City of Utica has become our second home over the years and we are always pleased when we have the opportunity to work together with the city, the state, and our partners at Key Bank to bring developments to life. Genesee Crossing adds 33 units of quality affordable housing to the City of Utica helping to further our mission of sustainable neighborhood revitalization. We at Housing Visions look forward to working in Utica again soon.”
NYSERDA President and CEO John Rhodes said, "Genesee Crossing represents a great example of how working with public and private partners the State is supporting smart, new ways to provide affordable, energy efficient housing in a variety of housing types. This project highlights Governor Cuomo’s commitment to making New York's building stock more energy efficient and economic by reducing overall energy costs."
U.S. Representative Richard Hanna said, “I am pleased to see this investment in our community to replace old and dangerous housing units with new, energy-efficient and safe apartments for Utica families and seniors. These are the kinds of projects that can renew neighborhoods and expand affordable housing options for Mohawk Valley residents.”
Senator Joseph Griffo said, “Genesee Crossing is a terrific example of what we can achieve when we work together and invest in neighborhoods block by block. Seniors will be able to stay in the communities that they call home, and families will have safe, affordable places to live. Families in Utica will benefit greatly from this development, and I thank Governor Cuomo for investing in this type of housing that has the potential to change communities from the ground up.”
Assemblyman Anthony Brindisi said, “Utica for years has had a serious need for more affordable housing, and today we are seeing a new development aimed at just that. With all units aimed to house working families and five of those designated for low income individuals, this is what Utica needs. Governor Cuomo has understood this and I thank him for his leadership and targeted investments to ensure that every family has a place to call home.”
County Executive Anthony Picente said, “Genesee Crossing will bring key Utica neighborhoods back to life. Through Governor Cuomo, who has been an outstanding friend to the Mohawk Valley, we are seeing once-deteriorated lots and buildings become new, shining examples of affordable housing for residents across the county. I thank everyone involved for their hard work on this partnership and look forward to seeing families move in and enjoy this new development.”
Utica Mayor Robert Palmieri said, “With support from Governor Cuomo communities in Utica are receiving investment and undergoing much-needed revitalization. Every family deserves a quality home, and with today’s announcement we are one step closer to that goal. On behalf of the City of Utica, I thank the Governor and everyone who has worked so hard to transform a deteriorating eye sore into a vision of momentum and opportunity for our great City.”
New York State Homes and Community Renewal (HCR) consists of all the State's major housing and community renewal agencies, including the Affordable Housing Corporation, the Division of Housing and Community Renewal, the Housing Finance Agency, State of New York Mortgage Agency, Housing Trust Fund Corporation and others. HCR is in the second year of Governor Cuomo’s $1 billion House New York program, which creates thousands of new units over five years, and is the largest investment in affordable housing in at least 15 years.