The housing in Lowville and Gouverneur is part of Governor Kathleen C. Hochul’s recent announcement of $991 million in bonds and grants awarded to create or preserve 3,242 affordable, sustainable and supportive housing units across the state.
According to a press release, the developments will leverage an additional $379 million in private funding to create an overall investment of nearly $1.4 billion to continue local economic development efforts, reduce homelessness and advancing New York’s commitment to expanding safe, secure, and healthy housing options for individuals and families.
“The need for affordable, supportive housing has been exacerbated by the pandemic across New York City and it is critical that we take the necessary steps to ensure every New Yorker has a roof over their head,” Governor Hochul said. . “These awards address this problem at the grassroots by supporting the creation of high-quality housing that keeps people safe, brings new businesses and jobs to our communities, and improves access to essential services that give people a chance. to build a more fulfilling life. .”
Bateman Apartments in Lowville and Woodcreek Apartments in Gouverneur, both managed by Baldwin Real Estate Development Corp., will receive funding.
Originally built as a hotel in 1869, the Bateman Space was converted to affordable housing in 1991 and offers 24 apartments and four storefront commercial spaces. All apartments are for households with incomes at or below 60% of average income with some units below 50%.
Woodcreek Apartments, originally built as Section 801 military housing, contains 96 apartments in 30 buildings. Woodcreek, which had unregulated apartments, is now converted to regulated affordable housing with income restrictions with corresponding rents. This conversion of large family units, with two, three or four bedrooms, will create new affordable housing options for Gouverneur and the surrounding area. Woodcreek will have units targeted for 50%, 60% and 80% AMI households.
According to Gregg L. Firster, vice president of affordable housing development for the management company, the upgrades will make the buildings more energy efficient. The project will include upgrades to heating, ventilation, air conditioning and lighting fixtures; building envelope requirements, including all windows; and upgrades to outdated finishes.
The company offers capital improvements for the replacement of all windows and flat roofs; improvement of the exterior brick facade and replacement of the facing; kitchen cabinets, bath vanities and medicine cabinets; apartment entrance doors; asphalt surface repairs and resurfacing; elevator upgrades and modifications; replacement of appliances with Energy Star compliant equipment; replace plumbing fixtures with water-efficient models; upgrades to common areas, including accessibility under the Americans with Disabilities Act, and more.
Fully accessible ADA apartments will also be created at Woodcreek Apartments.
Additional funding is provided by the North Country Development Authority, equity investment from the Historic Rehabilitation Tax Credit and other Housing Finance Agency loans.
Although no contract has yet been awarded, the company plans to use local contractors whenever possible. The renovations are expected to be completed by the end of this year.