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Homes and Community Renewal

New York State Homes and Community Renewal Announces Ribbon Cutting Of $26.8 Million Ludlow Commons in Yonkers

Affordable Homes for 70 Senior Households Close to Transportation,
Shopping, and Services

 

 

New York State Homes and Community Renewal today announced the ribbon cutting for Ludlow Commons in Yonkers, a $26.8 million development with 70 affordable apartments for seniors close to public transportation, retail, and health services.

Commissioner of New York State Homes and Community Renewal RuthAnne Visnauskas said, “The combination of affordability and integration with the surrounding area makes Ludlow Commons a perfect fit for seniors who can continue to live in the community they love. We are proud partners in the revitalization of Yonkers where HCR has provided vital financing for more than 1,300 homes since 2011.  As we deliver Governor Cuomo’s housing plan, it is projects like this one that will strengthen the neighborhood and grow our economy.”

The Governor’s commitment to providing all New Yorkers with access to safe, affordable housing is reflected in the State’s unprecedented $20 billion, five-year Housing Plan. The plan makes housing accessible and combats homelessness by building or preserving 112,000 units of affordable housing, including 6,000 of supportive housing. The plan is a comprehensive approach to statewide housing issues and includes multifamily and single-family housing, community development, and rent stabilization.

Yonkers-based Westhab, Inc., developed Ludlow Commons. Built on a former Brownfield site near a Metro North station and three bus routes, the complex consists of 70 one-bedroom apartments, with eight accessible for tenants with mobility impairments and three adapted for the hearing or visually impaired. The building has a laundry room, community room, landscaped outdoor patio in the rear yard and on-site parking. It is within walking distance of retail, municipal, and health services, including a hospital.

Westhab, Westchester’s largest provider of housing and services for the homeless, has built or renovated 2,500 apartments of affordable housing and manages 1,500. Its commitment to energy efficiency and sustainability is reflected in its pursuit of a Leadership in Energy & Environmental Design (LEED) Gold rating and certification from the New York State Energy Research and Development Authority’s Multifamily Performance Program. Ludlow Commons has water efficient plumbing fixtures, highly insulated exterior walls and roof, double-pane windows and Energy Star appliances.

New York State Homes and Community Renewal provided more than $13 million in construction financing for the development through tax-exempt bonds. Additional sources include HCR’s federal tax credit allocation generating $10.5 million in tax credit equity; Governor’s Office of Storm Recovery awarded a Disaster Recovery Community Development Block Grant of $3.4 million; New York State Energy Research and Development Authority provided a Multifamily Performance grant and U.S. Department of Housing and Urban Development’s Section 202 Capital Advance Fund.

Since 2011, HCR has built or preserved 5,374 affordable homes in Westchester County with about $385 million in financing through HCR sources, leveraging more than $762 million in other public and private sources.

GOSR Executive Director of Housing Thehbia Hiwot said, “GOSR proudly supports Governor Cuomo’s mandate to restore housing stock in storm-impacted communities. Sustainably built and transit-friendly, Ludlow Commons represents a great opportunity to provide affordable housing for seniors outside the floodplain. GOSR is happy to have collaborated with the Housing Finance Agency and Westhab to make this development possible that will serve this community for years to come.”

Westhab President and CEO Richard Nightingale said, “The real joy has been seeing our tenants move in. They have been absolutely elated to move into new, bright apartments that they are proud to call home. Ludlow Commons allows seniors to live with dignity and comfort in their home community.”

NYSERDA President and CEO Alicia Barton said, “Under Governor’s nation-leading energy strategy, we are creating more sustainable communities and ensuring that New Yorkers have access to comfortable and energy efficient homes. Reducing greenhouse gases from the building sector is a critical component in advancing the State’s clean energy agenda and we’re proud to support this project.”

Westchester County Executive George Latimer said, "Congratulations on the completion of this project.  Ludlow Commons addresses a critical need for our seniors, who want to continue living a fulfilling life in the County they have always called home. Safe, affordable housing should be attainable for everyone living in Westchester, and this development provides not only housing, but also an economic boost to the downtown Yonkers community.”

Senator Andrea Stewart-Cousins said, “Westhab is an important community partner that provides much-needed affordable housing and support to families throughout Westchester,” said Senator Andrea Stewart-Cousins. “This latest complex, supported by state funds, will provide quality housing with full amenities and accommodations for senior residents with limited incomes. Every New Yorker deserves access to safe, clean, comfortable housing they can afford, and realizing this vision is one of my top priorities as a legislator. This is an ongoing effort, and I am committed, as I have always been, to working with local leaders and my partners in State government to ensure the needs of our communities are met.”

Assemblyman J. Gary Pretlow said, “I am excited to celebrate the ribbon-cutting for Ludlow Commons Development in Yonkers, New York.  This project truly recognizes the crucial need to increase affordable housing that helps families and communities thrive and provide a better way of life for many.”

Yonkers Mayor Mike Spano said, “Ludlow Commons symbolizes the transformative development occurring in Yonkers. This project allows for quality, affordable housing for residents who want nothing less than to be part of our thriving community. Thank you to our Governor, and to all our state and federal partners in making Ludlow Commons a reality.”

Yonkers City Council Member Corazon Pineda Isaac said, “We’re so happy to have Westhab here in Yonkers, always looking to lead the way in much-need development, from the Dayspring Community Center in Nodine Hill and now the Ludlow Commons Senior Housing Development off South Broadway.  They are always advocating for the city’s most vulnerable populations.  Yonkers needs more affordable senior housing, so I’m glad we’re moving in the right direction.  Not only is Ludlow Commons affordable, but it is high quality.  The community is very excited about this new property in their neighborhood.”

Westchester District 17 Legislator Virginia Perez said, “As the representative for the 17th District, southwest Yonkers, I represent one of the most financially challenging areas in all of Westchester County. Initiatives like this one provide seniors an opportunity to stay in the community they love while enjoying the safety and comfort of quality and affordable housing. The partnership between Westhab, Inc. and New York State Homes and Community Renewal to build Ludlow Commons is greatly appreciated. I would like to thank all those involved in making this project possible and I look forward to seeing more initiatives like this for Yonkers residents.”

 

For more information: nyshcr.org

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