Search
Wednesday 7 December 2022
  • :
  • :
[adrotate group="1"]
[adrotate group="4"]

Housing Visions to Receive $11.5 Million State Grant for Affordable Housing in Syracuse

By Staff

 

housing visionsAffordable housing developer Housing Visions Consultants Inc. has been awarded $11.5 million by New York State’s Office of Homes and Community Renewal to support three affordable housing projects, including two in Syracuse and one in Elmira, New York, officials from the organization stated.

According to officials, the three projects will add 114 affordable housing units to the areas.

“There’s a tremendous need for high-quality affordable housing in these communities, as well as a tremendous need for investment to remove blight, and stabilize these neighborhoods,” Kenyon Craig, president and CEO of Housing Visions, stated. “We are proud of each of these projects, and the impact they will make, and the families and individuals they will serve.”

According to officials, the Ethel T. Chamberlain House in Syracuse will be an $8 million supportive housing development that completely rehabilitates a vacant four-story, 26,000 sq. ft., former Greater Syracuse Land Bank property, in partnership with the Salvation Army, on Onondaga Blvd.

The project will provide a 15-bed women’s shelter on the first floor featuring communal living, dining and bathroom facilities, and the upper three floors will house 16 permanent supportive housing rental units for homeless women and their families, with resident referrals from the Salvation Army.

In addition, the development will have on-site case managers, and a resident manager to coordinate services for its residents, officials said.

The Ethel T. Chamberlain House project will receive $2.19 million from Homes and Community Renewal, with additional funds from HHAP, State and Federal History Credits and HTFC.

Additionally, Butternut Crossing will be a $15.5 million mixed income, mixed-use revitalization project on Syracuse’s Northside.

Officials said the development will be part of a larger neighborhood revitalization project, as the result of a community collaboration between the Greater Syracuse Land Bank, the Northeast Hawley Development Association (NEHDA), the Syracuse Northeast Community Center, Home Headquarters, and Housing Visions.

The development will feature 53 housing rental units for low- and moderate- income households, and transform 16 currently vacant and abandoned properties into five new construction multi-family homes, as well as a single complete rehab, officials stated.

In addition, the project will feature 3,870 sq. ft. of commercial space.

Butternut Crossing will receive $5.4 million from Homes and Community Renewal, including $1.03 million in annual Low income Housing Tax Credits, with additional funds from the Housing Trust Fund, HOME funds, and Community Investment Funds, Housing Visions stated.

Chemung Crossing, the third project, will be a $15 million mixed-use revitalization project in downtown Elmira.

The project will include the development of 10 vacant and abandoned properties into six new construction multi-family homes and two complete rehab properties.

Housing Visions said the agency plans to develop a total of 45 rental housing units, as well as 1,823 sq. ft of commercial space to cater to local professionals and residents.

The project will receive $3.8 million from Homes and Community Renewal, including $989,000 in annual low-income housing tax credits, and additional funds from HOME funds and Community Investment Funds.

The three grants will increase Housing Visions’ total community investments to almost $340 million over 26 years, according to officials from the organization.

Click here to comment on this article on our Facebook page.