The New York State Association for Affordable Housing recently called on state leaders to prioritize the development and preservation of affordable housing with sustained funding for the state’s affordable housing crisis, and highlighted the success of one local project in the process.
Among projects being lauded statewide is Rome’s Dewitt Clinton Apartments, developed by DePaul Properties. An 80-unit supportive and affordable development project, it revitalized the former DeWitt Clinton Elementary school site that had long sat vacant.
This is not the first time in recent weeks that the project has been recognized. The Rochester-based design firm SWBR secured Leadership in Energy and Environmental Design (LEED) certification, which is a green building rating system and the benchmark metric for energy-saving sustainable design.
“Now more than ever, we must enact smart housing policies that will protect vulnerable New Yorkers and address our state’s housing crisis head-on,” said Jolie Milstein, president of the New York State Association for Affordable Housing, in a statement.
“A commitment to fund the preservation and production of affordable housing over the course of the next five years will not only help to provide safe and secure homes for all New Yorkers but will also kickstart our state’s economy recovery by expanding job creation and stimulating local economies,” the association president added.
Milstein said that in the wake of the coronavirus pandemic, the demand for affordable housing is critical.
“We have families that are facing eviction,” she adds.
But, looking forward as funds supporting housing projects may be challenged, it is important to highlight the need which supports not only those who need housing, but stimulates the construction job sector.
A typical 100-unit affordable housing project in New York State that generates 175 construction jobs, an additional 20 permanent jobs, $29.6 million in economic spending during construction, and $3.6 million in sustained local economic activity, according to provided information.