December 16, 2021
Albany, NY

Governor Hochul Announces $145 Million Awarded to 21 Developments Across New York to Provide Nearly 1,200 Affordable Homes

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Governor Hochul Announces $145 Million Awarded to 21 Developments Across New York to Provide Nearly 1,200 Affordable Homes
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Awards Will Inject More Than $500 Million into Local Economies, Further State’s Efforts to Combat Homelessness, Advance Clean Energy Goals

Four Developments Part of State Initiative to Promote All-Electric Affordable Homes

Two Developments Under the Vital Brooklyn Initiative Designed to Address Disparities in Access to Health and Housing in Central Brooklyn

Governor Kathy Hochul today announced more than $145 million has been awarded to create or preserve 1,178 affordable homes in 21 separate developments across New York. The funding announced today will further pandemic recovery efforts, fight homelessness, help close the digital divide for lower income households, and expand access to safe and sustainable affordable housing opportunities that advance the state’s clean energy goals. 

“This $145 million investment renews our commitment to creating and preserving the safe, healthy and affordable homes that New Yorkers deserve,” Governor Hochul said. “Our best strategy for recovery from the pandemic is ensuring that everyone has a solid roof over their head and access to the services they need to remain securely housed. With the inclusion of additional resources for clean energy development and requiring free broadband access, we are building back better than before by creating housing that promises a stronger, greener and more equitable New York today and for the future.”

The awards announced today are provided through New York State Homes and Community Renewal's Multifamily Finance RFP, a competitive process used to award federal Low-Income Housing Tax Credits and subsidy financing for affordable and supportive multifamily housing developments. Together with an additional $394 million in public and private sources, the 21 new developments will inject $511 million in total development costs into local economies. 

All 21 projects are required to meet green building standards as part of HCR’s efforts to achieve the goals set by the New York State Climate Leadership and Community Protection Act. The CLCPA, the most ambitious climate and energy plan in the nation, requires an 85 percent reduction of greenhouse gas emissions from 1990 levels by 2050 and eventually net zero emissions across all sectors of the economy.

Four of the awarded projects are supported by additional funding from the Clean Energy Initiative, a $7.5 million pilot program launched earlier this year by HCR and the New York State Energy Research and Development Authority. The Clean Energy Initiative is designed to allow more New York families to live in healthier, clean energy homes, while providing housing developers with streamlined access to technical assistance and affordable housing finance opportunities. These four projects will be all-electric and/or carbon neutral.

In addition, the developments will provide free or low-cost broadband services as part of the state’s efforts to close the digital divide in lower-income communities. 

An additional $34.7 million in coordinated funding from the Homeless Housing Assistance Program, administered by the New York State Office of Temporary and Disability Assistance, has been awarded to seven of the projects to aid in the development of supportive housing.

Today's awards include:

New York City 

$15.8 million for The Rise in Brownsville, Brooklyn. As part of the state’s Vital Brooklyn Initiative, Xenolith Partners, LLC and the Women’s Prison Association were selected to redevelop a property owned by One Brooklyn Health System. The building will include 72 affordable and supportive apartments on the upper floors and commercial space on the ground floor use by OBHS, Interfaith Medical Center’s Alternative Housing Program, and the Community Capacity Development nonprofit organization.

$10.8 million for Park Place in Brooklyn’s Crown Heights neighborhood. The Vital Brooklyn initiative project will be constructed by winning development team H.E.L.P Development Corp on a surface parking lot owned by One Brooklyn Health System. The building will include 43 affordable apartments, including eight homes reserved for homeless families, and ground floor community facility space for the Women and Children Annex and other service providers.

$1.8 million for Homee in the Crotona/ Morrisania neighborhood of the Bronx. The existing 24-bed transitional housing project, operated by Urban Pathways, will be converted and expanded to a 79-apartment development. There are 55 supportive homes for seniors and adults, including individuals reentering the community following incarceration, and 20 apartments for low-income seniors. The remaining nine apartments are for low-income households.

Capital Region 

$9.1 million for Steamboat Square in Albany. The development by Pearl Overlook Corporation will include the rehabilitation of 51 Albany Housing Authority apartments and create an additional 37 homes in Albany’s Capital South neighborhood. Fourteen apartments will be reserved for homeless adults who will have access to on-site supportive services provided by CARES NY. Empire State Development is providing funding to renovate two commercial spaces currently occupied by nonprofit service organizations. Additional funding from the Clean Energy Initiative will help the project achieve significant decarbonization by providing heating/cooling and domestic hot water from ground source heat pumps, a renewable source of energy.

$7 million for the Clinton Avenue Historic Apartments II in Albany. The project includes the redevelopment of six historic rowhouses, a former school and a three-story mixed-use building to create 62 affordable homes and continue revitalization efforts in Albany’s Clinton Avenue area. Co-developed by Home Leasing and the Albany Center for Economic Success, the project will include space for a new business incubator funded in part by Empire State Development. The Clinton Avenue Historic Apartments II also received funding from the Clean Energy Initiative to support the new construction of 32 all-electric apartments.

Central New York 

$10.6 million for Port Byron Apartments in the town of Port Byron in Cayuga County. The project will redevelop and replace an existing multifamily property by constructing an adjacent building consisting of 69 affordable homes. Thirty of the apartments will be reserved for adults and seniors in need of supportive services. The developer is DePaul Properties.

$6.9 million for The Landing at Burke Meadows in the village of Cazenovia in Madison County. The newly constructed multifamily development will have 33 homes for adults aged 55 and older, and four townhome buildings with 16 apartments. Ten of the townhome units will be set aside for individuals and families in need of supportive services. Developed by Housing Visions, the project complements ongoing revitalization efforts in downtown Cazenovia.

Finger Lakes 

$8.3 million for the Federal Street scattered-site development in Rochester. The Rochester Housing Authority and Edgemere Development will demolish eight vacant or blighted buildings along Federal Street and replace them with two low-rise buildings and a single-family building to create 18 new homes. In addition, 24 other properties at scattered locations will be rehabilitated or replaced to yield an additional 35 apartments. Nine of the homes will be reserved for homeless individuals, including those reentering the community from incarceration.

$1.5 million for Silver Lake Meadows in the village of Perry in Wyoming County. Rochester’s Cornerstone Group and Wyoming County Community Action, Inc. will rehabilitate an existing affordable development originally constructed through the USDA-Rural Development Section 515 program. The project will preserve affordability for the 52 apartments and enhance quality of life for existing residents.

Long Island 

$11.9 million for Sterling Green at Farmingdale in the Nassau Count village of Farmingdale. Six residential buildings will be demolished and replaced with a three-story building with 71 mixed-income homes near the Farmingdale Long Island Railroad station. The development is in an area defined as a higher opportunity neighborhood with access to high-performing schools. The developer is D&F Development.

$5 million for 206 Smith in the village of Freeport in Nassau County. The two-story building will be constructed on vacant land and feature 31 mixed-income apartments. Ten of the homes will be reserved for individuals in need of supportive services. The developer is Regan Development Corporation.

Mid-Hudson 

$9.4 million for Mount Hope Plaza in White Plains, Westchester County. The Mount Hope Community Development Corporation is developing the project on a parcel acquired from the Mount Hope AME Zion Church. The new apartments will include 35 homes for seniors aged 62 and older, and 20 apartments for individuals in need of supportive services. The development will also include a new parking garage for use by residents and the adjacent Mount Hope church.

$6 million for Dromore Apartments in the Westchester County town of Greenburgh. The 45-unit apartment building will be constructed on vacant land by Wilder Balter Partners and the Housing Action Council. With funding from the Clean Energy Initiative, the all-electric design will feature heat pump water heater systems for domestic hot water and an ultra-high performance building envelope, dramatically reducing the building's energy use.

$5.2 million for the Hamlet at Carmel in the Putnam County village of Carmel. The project will include 75 homes across five newly constructed buildings. The apartments will be affordable to a range of incomes in an area defined as a higher opportunity neighborhood with access to high-performing schools. The developer is Kearney Realty.

North Country

$4.7 million for Harison Place in the Franklin County village of Malone. The project will redevelop a row of blighted, fire-damaged buildings in the downtown area, replacing them with a new four-story, 40-apartment building. Half of the apartments will be reserved for adults in need of supportive services. The ground floor will also include commercial storefronts. The developer is Citizens Advocates.

Southern Tier 

$4.8 million for Reynolds Way Apartments in Elmira, Chemung County. The scattered-site development spans four historic properties in downtown Elmira and will create 42 apartments, including eight with supportive services. Developed by Arbor Housing & Development, the project will advance state-funded revitalization efforts already underway in downtown Elmira.

$4.6 million for the Bryant School in the Steuben County city of Hornell. The project is the adaptive reuse and expansion of the former Bryant Elementary School into 39 affordable apartments. The redevelopment complements the state’s ongoing efforts to revitalize Hornell’s downtown district. The developers are Park Grove Realty and Providence Housing.

$3.5 million for Vestal Chateau in the town of Vestal in Broome County. The development includes a newly constructed building with 24 homes for seniors and a townhouse-style building with six apartments for individuals and families. The developer is the First Ward Action Council. 

Western New York  

$7.9 million for Blocher Homes Apartments in the Erie County town of Williamsville. The project involves the rehabilitation of an existing multifamily building and construction of three additional buildings to create 93 affordable homes. Twenty apartments will be reserved for individuals with intellectual or developmental disabilities who will have access to services provided by People Community Housing Development Corp., also the project’s developer.

$6.3 million for the Apartments at the Lyceum in Buffalo. A vacant, historic school will be converted into 42 homes with 12 apartments reserved for homeless families. Developed by Edgemere and Community Services for Every1, the project was also awarded Federal and State Historic Tax Credits. With funding from the Clean Energy Initiative, the all-electric project will include high-efficiency VRF systems for heating and cooling, an air to water heat pump for domestic hot water, and advanced envelope performance.

$4 million for State Street Apartments in the city of Olean in Cattaraugus County. The development will convert a vacant warehouse into 46 apartments. Fourteen homes will be reserved for homeless families who will have access to services provided by Cattaraugus Community Action, Inc. CDS Monarch, Inc. is the developer.

HCR Commissioner RuthAnne Visnauskas said, "Today’s announcement of $145 million in funding will deliver nearly 1,200 apartments in environmentally sustainable buildings and expand New Yorkers’ access to essential services including broadband and supportive care. These 21 awards demonstrate that we remain focused on fighting homelessness and housing insecurity and improving the economic health of our communities through the development of quality affordable housing. Across the state, our investments are creating new opportunities for New Yorkers to succeed and thrive in affordable homes to call their own, regardless of their age, ability, or income. We are grateful to have so many talented development partners and we congratulate all of our awardees on their hard work.” 

Empire State Development Acting Commissioner and President & CEO-designate Hope Knight said, “Empire State Development is proud to partner with HCR and other state agencies to support these important initiatives. Housing stability and supportive services are key to economic success. These projects provide New Yorkers with the tools they need to thrive and will help grow stronger communities across the state.”

Doreen M. Harris, President and CEO at NYSERDA, said, “These projects represent the State’s commitment to and a significant milestone in addressing the dual priorities of affordable housing and the climate crisis for all New Yorkers. These investments are prioritizing comfortable and highly-efficient homes for low-to-moderate income and homeless families, including all-electric construction at four locations, that will foster significate economic development opportunities and cleaner, healthier communities across the state.”

Office of Temporary and Disability Assistance Executive Deputy Commissioner Barbara C. Guinn said, “Providing access to affordable homes and supportive services are effective methods to curb homelessness and housing instability. This funding will help provide the permanent housing and assistance vulnerable New Yorkers can rely on to turnover a new leaf and live in independent settings. I applaud Governor Hochul for her continued support for projects like these and embracing a common sense approach toward addressing homelessness throughout our state.”

Senator Brian Kavanagh, Chair of the Senate Housing Committee, said, “I applaud Governor Kathy Hochul and Commissioner RuthAnne Visnauskas for getting this critical funding out to our communities. As we continue to work toward recovering from the COVID-19 pandemic, these awards will provide an immediate economic boost and will soon add more affordable housing and help revitalize neighborhoods. It’s important also that all 21 projects will be required to meet green building standards. Environmental sustainability requirements should be part of all publicly funded development going forward.”

Assemblyman Steven Cymbrowitz, Chair of the Assembly's Housing Committee, said, "At a time when so many New Yorkers are struggling under the weight of financial difficulties caused by the COVID crisis, it is especially important that New York State Homes and Community Renewal is making it possible for hardworking families across the State to have access to safe and affordable housing, while at the same time further stabilizing communities and moving forward New York’s commitment to clean energy.”

For more details on the awards, visit HCR’s website.

Contact the Governor's Press Office

Contact us by phone:

Albany: (518) 474-8418
New York City: (212) 681-4640

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