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May 2023

The Homes and Community Renewal Connection

 

Top News

$875 Million in HCR Financing at Work to Create or Preserve 3,100 Homes 


Governor Hochul recently announced $875 million in HCR bonds, tax credits, and subsidies to create or preserve 3,100 affordable, sustainable, and supportive homes in 27 developments across New York State. The awards will increase housing supply in every region, assist local economic development efforts, fight homelessness with onsite services that keep vulnerable populations safely housed, include sustainable features that advance the State's climate goals, and offer free broadband to help close the digital divide.

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Fair Housing Matters NY  


Fair Housing Matters NY is a comprehensive report drafted by HCR’s Fair and Equitable Housing Office and Office of Research and Strategic Analysis that examines housing segregation and discrimination in New York State. The report reveals the extent of New York's housing segregation and outlines eight primary goals aimed at eliminating the barriers that prevent too many New Yorkers from moving into the homes and neighborhoods of their choice. Read Report Here


The public can comment until June 8, 2023 by emailing fairhousingmattersny@hcr.ny.gov.

Building A Greener New York

HCR Joins New York’s Interagency Climate Smart Communities Program 


HCR is the newest participant in New York’s interagency Climate Smart Communities effort to encourage and assist local governments in taking action to reduce greenhouse gas emissions and prepare for the effects of climate change. The Governor made the announcement in April during Earth Week when she also announced the latest round of communities to achieve certification as part of New York State's Climate Smart Communities program, which supports local efforts to meet the economic, social, and environmental challenges posed by climate change.

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Recent News from HCR’s Office of Resilient Homes and Communities


HCR announces start of construction on $4 million resiliency project at the Joseph P. Addabbo Family Health Center


HCR and Home Headquarters team up to help Erie County homeowners at risk of flooding

 

Development Highlights

 

Ellicott Town Center in Buffalo


Construction has begun on the $71 million rehabilitation of the Ellicott Town Center, a decades-old housing development near downtown Buffalo featuring 281 homes located among four high-rise towers and 12 townhomes. The project supports the State's ongoing efforts to address the immediate needs of the East Buffalo community in the wake of the racially motivated mass shooting at Tops Supermarket on May 14, 2022. 

405-407 West 206th Street in Manhattan



Commissioner Visnauskas celebrated the start of construction of two interconnected, mixed-income, mixed-use residential buildings with nearly 700 apartments, including 281 affordable units, is underway in the Inwood neighborhood of Upper Manhattan. The $416 million Inwood development will feature all-electric heating and cooling and other sustainable features that advance the State's climate goals and offer free broadband internet to residents. 

 

Taylor Apartments in Troy


Construction has started on the new John P. Taylor Apartments in the city of Troy, replacing a vacant public housing complex with a new $67 million downtown waterfront development. The new seven-story mixed-use building will feature 141 affordable apartments and ground floor retail space, and replaces the complex's two original towers, which were demolished in 2022 after having been vacant for more than a decade. 

Huntington Apartments in Seneca Falls


Construction is underway on Huntington Apartments, a $24 million adaptive re-use of the 19th-century era Huntington Building in Seneca Falls. The development will feature 53 affordable apartments in an energy-efficient building, including 27 with supportive services for veterans. 

 
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