Hubbard Springs Apartments

Construction is underway on a $21 million affordable housing development in Chili. Hubbard Springs Apartments is a project spearheaded by Rochester’s Cornerstone Group and Bishop Sheen Ecumenical Housing Foundation, Inc. The development will provide 72 energy-efficient homes for families, including 11 apartments reserved for individuals with physical disabilities or who are recovering from a traumatic brain injury. Hubbard Springs is part of New York’s $20 billion affordable housing plan that was established to ensure vulnerable New Yorkers have a home. “Supportive housing developments like the Hubbard Springs Apartments play a critical role in this effort as they not only ensure individuals have a roof over their head but are surrounded by the resources they need to thrive in their communities,” Gov. Andrew Cuomo said in a news release. The development will consist of seven buildings at two separate sites. Six buildings, each containing eight apartments, will be located at 165 Union Square Blvd. A two-story building with 24 apartments will be located at 154 Union Square Blvd.

All apartments will be affordable to households with incomes between 30 and 80 percent of the area median income or less. Eleven apartments will feature onsite supportive services and be reserved for individuals with physical disabilities or a traumatic brain injury. The two development sites will be linked by crosswalks and sidewalks. Outdoor amenities will include a fenced-in recreation area for children. There will be 145 parking spaces for the tenants, employees, and visitors.

SWBR is the architect, Parrone Engineering is providing civil engineering services, and LECESSE Construction is the general contractor. State support for Hubbard Springs Apartments includes the allocation of federal low-income housing tax credits that will generate about $10.9 million in equity and $6.4 million in subsidy from HCR. The New York State Energy Research and Development Authority is providing approximately $60,000 in grant funding to the project. In addition, the Community Preservation Corporation is providing a $2.8 million permanent loan through its partnership with the New York State Common Retirement Fund.

SEE IT IN THE NEWS! ny.gov

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