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Homes and Community Renewal

Housing Visions and New York State Homes and Community Renewal Break Ground on Salina Crossing

49 Affordable Apartments and Commercial Space in Syracuse’s North and South Side Neighborhoods

SYRACUSE, NY –Housing Visions Consultants, Inc. and New York State Homes and Community Renewal (HCR) joined other state and local partners today to celebrate the groundbreaking of Salina Crossing, a mixed-used development that will create 49 modern, safe and affordable housing units for low-income households and nearly 6,000 square feet of commercial space to serve the residents of two distinct neighborhoods connected by Salina Street, a main thoroughfare that spans the Northside and Southside of Syracuse.

Darryl C. Towns, HCR Commissioner/CEO said, “Mixed-use developments such as Salina Crossing re-energize neighborhoods, and enrich quality of life – benefits that will last for years to come. We are proud to meet the challenge that Governor Cuomo has laid out for HCR: investing resources in projects like this that create or preserve affordable housing, and create jobs and opportunity by bringing life and commerce back to the community. Congratulations to Housing Visions, the City of Syracuse, and all our partners whose efforts are making Syracuse a better place to live, work, play, and grow.”

“We are excited to start construction on this project that continues Syracuse’s residential and commercial revival,” said Kenyon Craig, President and CEO of Housing Visions Unlimited, Inc. “Salina Crossing will provide much-needed affordable housing in the neighborhood, an opportunity to improve its economic sustainability and offers a safe environment for many families. This would not be possible without the commitment and investment of the development partners with us today. Thank you to all our partners and funders.”

The $14.8 million Salina Crossing development will substantially rehabilitate four existing buildings and construct six new buildings to remove blight and catalyze further investment in Syracuse’s Northside and Southside neighborhoods. The 10 dilapidated properties and vacant lots will be transformed into 49 high-quality, affordable housing units and 5,895 square feet of commercial space. The completed development will provide a mix of 27 one-bedroom, 11 two-bedroom, six three-bedroom, and five four-bedroom units. Five units will be designed to accommodate persons with mobility impairments, and two additional units will be adapted for persons with hearing and/or vision impairment. Eight units in Salina Crossing will be available through priority leasing to persons with traumatic brain injury (TBI). The development is designed to meet LEED and NYSERDA Energy Star certification.

In 2014, New York State Homes and Community Renewal awarded $900,000 in annual Low Income Housing Tax Credits to Salina Crossing as part of Governor Cuomo’s $1 billion House NY initiative to build and preserve affordable housing and revitalize communities. The City of Syracuse provided $800, 000 in City HOME to help fund Salina Crossing. Other funding partners include NY Housing Trust Fund Corporation, NY Community Investment Fund, National Equity Fund, Inc, and KeyBank, N.A.

“The Salina Crossing project is an important development for the City of Syracuse as we look to increase quality housing for all our residents,” said Syracuse Mayor Stephanie A. Miner. “I’m pleased the City was able to support this development. It will make a difference in our continuing efforts to revitalize the North Side.”

“Affordable housing and job creation are two critical needs for Syracuse’s Northside residents,” Sen. Valesky said. “The Salina Crossing development project will help to meet those needs and begin to revitalize a struggling neighborhood.”

“Today’s groundbreaking on Salina Crossing, a mixed-use development project, marks the beginning of important revitalization in both the Southside and Northside neighborhoods of Syracuse. I was pleased to help support this project that will provide safe and affordable housing and promote economic stability in our community,” said Senator DeFrancisco.

Assemblyman Bill Magnarelli said, “Transforming the former Otisca site is, indeed, cause for celebration. Providing affordable, quality and safe housing is exactly what this Northside neighborhood needs. Along with the housing component, this new mixed-use complex continues the re-development of this section of the Northside. I applaud the work of Housing Visions and NYS Homes and Community Renewal for investing much needed resources for the betterment of our neighborhood families.”

About Housing Visions

Founded in 1990, Housing Visions is a community-based nonprofit organization revitalizing and sustaining neighborhoods through a comprehensive approach that improves quality of life. It offers managed affordable housing in 11 cities across New York. Additional information may be found at www.housingvisions.org.
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Housing Visions Media Contact
Jennifer Creighton
jcreighton@housingvisions.org
315.472.3820
www.housingvisions.org

NYS Homes and Community Media Contact
Nancy Peters
pressoffice@nyshcr.org 518.473.2526 www.nyshcr.org

 

Last Updated: 05/04/15