Home Community pharmacy budget Governor Hochul Announces Completion of $17 Million Housing Development in Onondaga County

Governor Hochul Announces Completion of $17 Million Housing Development in Onondaga County

0

Governor Kathy Hochul today announced the completion of a $17.2 million affordable housing development in the Town of Camillus, Onondaga County. The new complex offers 60 affordable, energy-efficient homes with family-friendly amenities. Camillus Heights is designated a Housing Opportunity Project because it is located in a well-resourced area with a high performing school district.

“My administration continues to be focused on revitalizing downtowns and increasing the supply of affordable housing for all New Yorkers,” Governor Hochul said. “By delivering new affordable housing to communities across the state, we can help ensure New York families have access to the tools they need to succeed today and in the future. Affordable housing developments like Camillus Heights are key to improving quality of life and providing a more affordable and secure future for generations of New Yorkers.”

Camillus Heights complements Governor Hochul’s extensive plans to make housing more affordable, equitable and stable. The Governor introduced and successfully secured, in the 2022-2023 State Budget, a new five-year, $25 billion comprehensive housing plan that will increase housing supply by creating or preserving 100,000 affordable homes in New York, including 10,000 with support services for vulnerable people. populations, as well as the electrification of 50,000 additional households.

The development consists of 16 two-storey residential buildings with a total of 60 apartments and a self-contained community building. The apartments are affordable for households earning between 30 and 80% of the region’s median income. The developer is Christopher Community, Inc.

Camillus Heights was designed to meet the requirements of the New York State Energy Research and Development Authority’s Low Rise New Construction program and is expected to achieve LEED silver certification. Energy efficient features include Energy Star appliances, LED lighting, high performance space conditioning equipment, windows, insulation and air sealing.

Camillus Heights is less than a mile from the village of Camillus where there is a grocery store, pharmacy, banks, restaurants and retail. The development has its own bus shelter on site. The development is located in the West Genesee Central School District.

State funding for Camillus Heights included federal low-income housing tax credits that generated $11.9 million in equity and $3.6 million in grants from New York State Homes and Community Renewal. NYSERDA provided $63,000 in support. The Community Preservation Corporation provided a permanent loan of $1.2 million insured by SONYMA.

Homes and Community Renewal Commissioner RuthAnne Visnauskas said: “Camillus Heights provides 60 families with affordable living in a community with well-performing schools and easy access to public transportation, grocery stores and restaurants. In addition to energy-efficient features and recreational spaces, the development provides a healthy and comfortable environment for families to grow and prosper in. Kudos to Christopher Community for making this project possible and helping us expand the housing supply in Onondaga County.

Doreen M. Harris, President and CEO of NYSERDA, said: “With the completion of the Camillus Heights project, residents of Onondaga County now have better access to safe, highly efficient and resilient affordable housing with many features, from heating and cooling equipment to state-of-the-art appliances, which provide a healthier, more comfortable living environment. This project and others like it will enable all New Yorkers to benefit from the transition to a clean energy economy and support Governor Hochul’s commitment to achieve 2 million climate-friendly homes in communities across the state by 2030.”

Senator Chuck Schumer said: “Every family and senior in Onondaga County deserves safe, affordable housing, and I’m proud that the Federal Low-Income Housing Tax Credit, which I fought so hard for, has provided the millions needed to revitalize this area with 60 new energy-efficient and affordable housing units. I commend Governor Hochul for this essential push for affordable housing, and I will continue to fight for every dollar of federal support needed to lay the foundation for a brighter future for downtown New York.

State Senator John W. Mannion said: “Affordable housing is the cornerstone of strong families and a strong Central New York City. Completion of the $17 million housing development in Camillus Heights means 60 new units – all energy efficient – ​​are now available to meet the needs of our community. I commend Governor Hochul for his commitment to expanding affordable housing options across the state and for working with the Legislature to make record investments to support New York’s comprehensive housing plan. .

Assemblyman William Magnarelli said: “Camillus Heights only adds to the value of our community by providing affordable, energy-efficient housing options close to the center of the village. Christopher Communities and New York State are coordinating efforts to increase economic growth and community development while developing affordable and safe places to live.

Camillus Town Supervisor John Fatcheric said: “The Town of Camillus is proud of its comprehensive planning to include the addition of Camillus Heights Affordable and Energy Efficient Homes in its well-balanced variety of housing for the community. The balance between affordable housing, senior housing and single-family dwellings; alongside apartments, condominiums and townhouses demonstrate the commitment the city seeks to meet the needs of all its residents. the city offers, are just a few of the reasons Camille is a great place to live, work and raise a family.”

Jaime Tuozzolo, vice president and mortgage officer of the Community Preservation Corporation, said: “As a nonprofit housing finance corporation, CPC is proud to invest in projects like Camillus Heights that help achieve the unique housing and development goals of the region and community. We are proud to be part of a project that will be a catalyst for bringing people together, providing stability for its tenants, and serving as a critical affordability resource for the Camillus community My thanks to Christopher Community for his vision and commitment to this project, to Governor Hochul, UNHCR Commissioner Visnauskas, NYSERDA and all of our partners and stakeholders.”

Justin Rudgick, President and CEO of Christopher Community, Inc., said: “We are extremely excited about the completion of the new $17 million construction project in Camillus Heights. This affordable housing initiative in the town of Camillus, offers families 60 beautiful units, in 16 two-story townhouses. We greatly appreciate the partnership with New Homes and Community Renewal of York State, Community Preservation Corporation and all who made this housing project possible. »

Acceleration of the rise of the CNY

Today’s announcement complements “CNY Rising,” the region’s comprehensive plan to generate robust economic growth and community development. The regionally designed plan focuses on capitalizing on global market opportunities, strengthening entrepreneurship and creating an inclusive economy. Today, the region is accelerating CNY Rising with a $500 million investment from the state through the Upstate Revitalization Initiative. The state’s $500 million investment will spur private businesses to invest well over $2.5 billion — and the region’s plan, as submitted, calls for up to 5,900 new jobs. More information is available here.