Twelve developments will create or preserve 2,233 affordable and supportive homes, including 549 apartments in Syracuse and projects serving seniors, young people leaving foster care and residents with disabilities. These initiatives are part of the New York affordable housing awards aimed at enhancing community living standards.
New York affordable housing investments totaling $872 million will support 12 developments across New York City, the Mid-Hudson Valley, Central New York, the Capital Region and the Finger Lakes, part of the New York affordable housing awards announced by Gov. Kathy Hochul on October 30.
The package includes $460 million in housing bonds and $412 million in subsidies through New York State Homes and Community Renewal. The projects are expected to attract other public and private financing and produce more than $1.5 billion in total investment.
Together, the developments will create or preserve 2,233 homes. They include new construction, rehabilitation of aging public and senior housing, supportive apartments and the conversion of a historic convent campus. The announcement does not mean the apartments are ready for immediate occupancy. Construction schedules and application dates were not included.
Every project in the $872 million housing package
New York City
ICL-Variety Residences at Astoria, Queens, $103 million: A new 165-apartment development for households earning up to 80 percent of area median income, or AMI. Seventy-one apartments will provide supportive housing for young people aging out of foster care. Mega, ICL and Variety Boys and Girls Club of Queens are the developers.
Findlay House, Bronx, $98.6 million: Rehabilitation of 227 apartments and creation of 12 more at a Mitchell-Lama senior development. The 239 homes will serve households earning up to 60 percent of AMI. Twenty-five apartments are reserved for residents receiving on-site services supported by the Office for People With Developmental Disabilities. Lemle & Wolff is the developer.
Bridge Inwood, Manhattan, $70.3 million: A new 14-story building with 190 apartments for households earning up to 60 percent of AMI. The plan includes 121 supportive apartments for vulnerable residents. The Bridge, Inc. and Radson Development are leading the project.
Concourse Village, Bronx, $14.2 million: Structural repairs to the middle podium and a connecting access way at a six-building Mitchell-Lama cooperative. The work is intended to protect housing for more than 5,000 residents and improve the development’s long-term stability.
Franklin Lafayette, Brooklyn, $3 million: Acquisition and preservation of four buildings containing 57 apartments for households earning up to 100 percent of AMI. IMPACCT Brooklyn, the business name of Pratt Area Community Council, is the developer.
Mid-Hudson Valley
Brookfield Commons Phase III, White Plains, $120.3 million: A new 11-story building with 168 apartments for households earning up to 90 percent of AMI. Trinity Financial and the White Plains Housing Authority are the developers.
Franklin Courts, Tarrytown, $58.2 million: Replacement of 70 obsolete public-housing apartments with 90 units serving households earning up to 60 percent of AMI. Existing residents retain the right to return regardless of income. WBP Development and Duvernay + Brooks are working with the Tarrytown Municipal Housing Authority.
The Green, Newburgh, $49.9 million: Two new buildings with 122 apartments for households earning up to 100 percent of AMI. Four commercial spaces are expected to support uses such as small grocery stores, coffee shops, restaurants or other retail. Kearney Realty & Development Group is the developer.
North White Plains Workforce Transit Hub, White Plains, $18 million: A 296-apartment mixed-income development near the North White Plains Metro-North station. Ninety homes will be income-restricted for households earning between 50 and 110 percent of AMI. BRP Companies is the developer.
Central New York, Capital Region and Finger Lakes
Parkside Commons Phase I, Syracuse, $160 million: Rehabilitation of 200 apartments and construction of 194 apartments. The 394 homes will serve households earning up to 60 percent of AMI. BFC Partners and SAA|EVI are the developers.
Maria Regina Gardens, Syracuse, $69.1 million: Conversion of a historic convent campus into 155 senior apartments for households earning up to 80 percent of AMI. Twenty-four supportive apartments will serve frail older adults, and 12 will serve older adults with intellectual and developmental disabilities. Home Leasing and Pennrose are the developers.
Liberty at Saratoga, Saratoga Springs, $98.3 million: Two connected buildings with 216 apartments for households earning up to 80 percent of AMI. Ten supportive apartments will serve young people aging out of foster care. Liberty Affordable Housing is the developer.
CDS Meadowside Apartments, Fairport, $9.4 million: Acquisition and rehabilitation of a vacant building to create 69 senior apartments for households earning up to 60 percent of AMI, including supportive housing for older adults. CDS Monarch is the developer.
What area median income means
Affordable-housing announcements often use a percentage of AMI instead of a dollar figure. The federal government calculates the median income for a metropolitan area or county and adjusts eligibility by household size. A limit of 60 percent of AMI is not the same dollar amount in Syracuse, New York City or Saratoga Springs.
AMI is usually a maximum eligibility level, not a promise that every applicant below that level can afford the rent. Each property’s marketing plan should list income ranges, rents, household sizes and any preference or supportive-service requirements. Some developments contain several income bands.
Why the Syracuse projects matter to Mohawk Valley readers
No Mohawk Valley development was included in this funding round. The two Syracuse projects, however, bring $229.1 million to Central New York and account for 549 of the 2,233 homes in the statewide package. They show how state financing is being used both to preserve existing apartments and turn an older institutional property into senior housing.
Utica faces many of the same needs: aging apartment buildings, demand for senior housing, the need for accessible homes and pressure on lower-income renters. Phoenix previously reported on the $76 million rehabilitation of affordable housing in Utica. Other state rounds have included $270 million for 1,800 affordable homes and the revitalization of 341 public-housing apartments in Troy.
For Utica residents, the important question is not only how many units are announced statewide. It is whether local projects move from financing to construction, whether current tenants can remain during rehabilitation and whether rents stay within reach after work is completed.
How to look for an affordable apartment
New York’s Find Affordable Housing page connects applicants to lotteries, waitlists and rental listings. The NYS Housing Search portal lists state-financed housing and allows people to create an account, apply to open lotteries and follow available waitlists. The support number listed by the portal is 877-652-4167.
Homes and Community Renewal does not directly run building lotteries or keep property waiting lists. Building owners handle marketing and applications under program rules. New York City applicants should also check NYC Housing Connect.
- Read the income range, household-size rules and required documents before applying.
- Apply only through the official portal or contact listed for the property. Do not pay anyone who promises to improve your lottery position.
- Keep copies of applications, confirmation numbers and requests for additional documents.
- Request a reasonable accommodation if a disability affects the application process.
- Remember that an award announcement can come well before construction, marketing or move-in.
Housing-plan progress and questions to watch
The state says its $25 billion, five-year housing plan is approaching 90,000 homes created or preserved toward a goal of 100,000, including 10,000 supportive homes. The current budget also includes $250 million intended to speed construction of additional affordable housing.
All 12 projects in this round are expected to meet high sustainability standards, according to the governor’s office. The release did not identify the specific standard for each building, projected utility savings, construction start dates or expected completion dates.
Other questions will matter as the developments advance: How many residents will be temporarily relocated? What return rights and moving help will they receive? Which supportive services are funded beyond construction? How long will affordability restrictions last? Those details can determine whether a well-financed development delivers lasting stability.
Readers can review the full October 30 housing announcement and monitor the official housing-search tools for applications.
Useful share: Send this article and the official housing-search link to someone looking for an affordable apartment, senior housing or an accessible home. Which housing need should Utica and Mohawk Valley officials prioritize in the next state funding round?
