New York Governor Andrew Cuomo has announced the commencement of construction on a $18m affordable and supportive housing development in Troy.
The project, named Hillside Views Neighborhood Revitalization project, will redevelop 17 vacant, underutilised or blighted parcels across Troy’s North Central area.
It will have 51 energy-efficient, affordable and supportive homes, of which 26 apartments will be reserved for formerly homeless.
The new development will include a four-storey building comprising 28 apartments and seven townhouse-style buildings at different locations.
Governor Cuomo noted that all apartments of the project will be affordable to individuals earning at or below 60% of the Area Median Income.
The buildings will feature high-efficiency furnace for heating and cooling in each apartment and common areas.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
As part of the project, four blighted buildings will be demolished and will be combined into eight sites located in Ingalls Avenue (North), Eleventh Street (East), 5th Avenue (West), and Hoosick Road (South).
It is said to be part of Governor Cuomo’s $20bn, five-year affordable housing plan to provide safe, affordable housing to all New Yorkers by building and preserving over 100,000 units of affordable housing and 6,000 units of supportive housing.
New York State Office of Mental Health commissioner Ann Marie T. Sullivan said: “The Hillside Views apartments will beautify the surrounding neighborhood, and more importantly provide safe and stable housing for formerly homeless people living with mental illness.
“They will now be able to receive the support services they need right in their own homes, allowing them to become independent, productive and successful members of their community.
“I am so proud to be part of the team implementing Governor Cuomo’s Empire State Supportive Housing Initiative, which has provided new opportunities for thousands of families and individuals.”
Construction begins on $18m affordable and supportive housing development in New York. Credit: Hands off my tags! Michael Gaida from Pixabay.