Daily Newsletter

14 June 2024

Daily Newsletter

14 June 2024

Work completes on Port Byron Apartments in New York

The project includes apartments catering to households earning up to 60% of the AMI.

Upasana Mukherjee June 14 2024

Construction has been completed on a new mixed-use affordable housing development, Port Byron Apartments, in Cayuga County, New York, US. 

It is part of state governor Kathy Hochul's $25bn Housing Plan to create or preserve 100,000 affordable homes across New York.  

Hochul said: “This development enhances Cayuga County’s existing housing stock and creates affordable homes that will increase housing opportunities for all and provide services that will allow older New Yorkers and those in need of support to live independently.” 

The project has replaced an outdated building with 69 apartments classed as affordable. 

It included the construction of a new three-storey building with all apartments catering to households earning up to 60% of the area median income (AMI). 

Among the apartments, 30 of them are equipped with services funded through the Empire State Supportive Housing Initiative, managed by the New York State Office of Mental Health. 

Additionally, all units provide free, high-speed internet service.  

The building is situated adjacent to the existing 39-unit Church Street Apartments. 

Upon the project's completion, residents from the older building were relocated to the new complex, allowing the former site to be redeveloped into a recreational space for residents.  

The Port Byron Apartments project aligns with the New York State Energy Research and Development Authority (NYSERDA) Low Rise New Construction - Housing programme. 

It features sustainable elements such as Energy Star appliances, water-conserving fixtures, and an electric vehicle charging station. 

The development further offers residents access to on-site transportation services, a pet park, walking paths, a community garden, and a playground.  

DePaul Properties served as the developer and service provider for the project. 

The state's financial contribution to the project included $16m in Low Income Housing Tax Credits and $8.7m in subsidies from New York State Homes and Community Renewal.  

NYSERDA has also provided $69,000 in incentives while the Office of Mental Health has allocated $235,250 in Program Development Grant funding to support the initial costs for the supportive housing units. 

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