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Rome, Verona awarded $14.3 million to build affordable housing

Two central NY communities are getting a major increase in state funding – to help build affordable housing in the area.

Posted: May 10, 2018 5:05 PM
Updated: May 10, 2018 5:09 PM

UTICA - Two central NY communities are getting a major increase in state funding – to help build affordable housing in the area.

More than $14.3 million was awarded to two affordable housing developments in the Mohawk Valley, Gov. Andrew Cuomo announced Thursday.

The developments will create 130 affordable homes for local families, including the Jason Gwilt Memorial Senior Apartments in Verona, and DeWitt Clinton Apartments in Rome.

The Jason Gwilt Memorial Senior Apartments, will receive $4.1 million to create 50 homes for low-income residents over age 55, and 15 apartments for homeless citizens. The project will reuse a vacant elementary school for the mixed-use development.

MORE: Read the full list of funded projects (PDF)

The DeWitt Clinton Apartments will receive $10.2 million to create 80 affordable apartments that will anchor the city’s Waterfront village revitalization. The apartments will be built on the grounds of the DeWitt Clinton School, which is a blighted former elementary school that will be demolished as part of the project. Of the 80 apartments 40 will be set aside for homeless citizens.

"This investment is a significant milestone in New York's $20 billion housing and homelessness plan, and a giant step forward in our efforts to increase access to homes for families, seniors and our most vulnerable men and women across the state," Gov. Cuomo said in a release. "These resources will help the region build affordable, stronger, better neighborhoods for our residents for generations to come."

The funding is part of more than $200 million the state is awarding to build or preserve more than 2,800 affordable apartments around the state’s 10 regions, revitalize communities, and generate $1.1 billion in economic activity.

The full list of funding awarded statewide is below.

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