Redevelopment of Meadows at Middle Settlement in Town of New Hartford Provides 93 Units For Seniors
Funding Agreement Ensures Rent Remains Affordable For Next 50 Years
Governor Andrew M. Cuomo today announced the construction of Meadows at Middle Settlement, a $28.5 million redevelopment of affordable senior housing in Oneida County. The project is replacing 14 buildings containing 93 units of dilapidated, flood-damaged senior Mitchell-Lama rental housing originally constructed in 1974, with the new construction of 93 units in three, three-story elevator buildings, 89 of which will be affordable to households earning no more than 60 percent of the Area Media Income. A fourth building will contain a community room and wellness center. The funding agreement assures the rents at Meadows will remain affordable for 50 more years. Construction is expected to be completed in the spring of 2019.
"This project will help ensure some of our most vulnerable New Yorkers have a safe, decent and affordable place to call home in the Mohawk Valley," Governor Cuomo said. "By investing in affordable housing across the state, we are supporting communities and economic development across the state and helping to build a stronger New York for all."
The development, located at 4310 Middle Settlement Road in the Town of New Hartford, is part of Governor Cuomo's unprecedented commitment to affordable housing which includes $20 billion to build or preserve 100,000 units of affordable, and 6,000 units of supportive housing across the State.
New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, "The shortage of affordable housing for our seniors is felt in the Mohawk Valley and across the state. The redevelopment of Meadows at Middle Settlement is a concrete example of Governor Cuomo delivering on his commitment to build and preserve this essential housing stock. The new construction of these 93 units, which will be larger than the ones being replaced, will enhance the quality of life for its residents so they can stay in the community they love, while the financing agreement with Beacon Communities will keep this complex truly affordable for the next half-century."
Governor's Office of Storm Recovery Executive Director Lisa Bova-Hiattsaid, "New Hartford is well aware that damage from extreme weather events is not confined to the state's coastal areas. GOSR proudly supports the Meadows at Middle Settlement which will preserve much-needed affordable senior housing. It is being constructed outside the 100-year flood plain and incorporates resilient features to build back better than before. While we cannot control the forces of nature, we can take prudent steps to minimize future effects."
Partners involved in the project are Beacon Communities, New York State Homes and Community Renewal and the Governor's Office of Storm Recovery. Representing a $28.5 million investment in New Hartford and Oneida County, Meadows and Middle Settlement receives funding through HCR's Housing Finance Agency's $13 million of tax-exempt bonds; $9.3 million from the Mitchell-Lama Loan Program and State Low Income Housing Tax Credits which will leverage $3,250,000 in tax credit equity and GOSR's award of a Community Development Block Grant Disaster Recovery loan of $7 million.
Beacon Communities Development President Duncan Barrett said, "Beacon Communities is proud to partner with NYS Homes and Community Renewal and the Governor's Office of Storm Recovery; US Bank and the Community Wellness Partners (CWP) in the re-creation of this important senior citizen housing facility in Oneida County. Sound, energy efficient, sustainable and resilient housing designed to meet the specific needs of our senior citizens is critical to the health and well-being of communities across New York. And this facility with its emphasis on wellness builds on the great work of Presbyterian Homes, and now CWP, over the last four decades."
The new buildings are being constructed outside the 100-year flood plain as 18 units were rendered uninhabitable after the Mud Creek Stream overflowed in 2013. The new buildings are being built to the National Green Buildings Council's standard for sustainable, energy efficient construction. They being constructed with fortified vapor barrier foundations. Building facades will be constructed with fiber cement board lap siding and roofs will be constructed with ice and water shield underlays with a 30-year minimum warranties. Studio apartments are being replaced with one-bedroom units. Electric baseboard heating and individual air-conditioning units in the existing buildings will be replaced with natural gas heating and central air conditioning in the new buildings. The new apartments will feature energy-efficient appliances and water conserving plumbing fixtures. Nine units will be fully accessible for handicapped persons and six will be equipped for tenants with vision or hearing impairments.
Senator Joseph Griffosaid, "Everyone deserves access to good quality and affordable housing, especially senior citizens. This project will provide area seniors with a newer, updated and more energy-efficient housing option while replacing units that were previously damaged by flooding and constructed more than four decades ago. I am hopeful that this project will allow the area's senior citizens to continue to call the Mohawk Valley home."
Oneida County Executive Anthony J. Picente, Jr. said, "This project will preserve and provide much-needed affordable housing for the seniors of Oneida County. I would like to thank Governor Cuomo for providing this funding that will help guard against flooding and upgrade the accommodations for those residing at the Meadows."
The entire Meadows complex consists of 149 units. During the phased construction of the 93 units, residents will be temporarily relocated to unoccupied apartments. Beacon Communities plans to complete redevelopment of the remaining 56 apartments after this phase is completed.