(BINGHAMTON, N.Y.) — Mayor Richard C. David joined Opportunities For Broome/Chenango Executive Director Mark Silvanic on Monday to announce a $7.7 million project to renovate four vacant and severely blighted buildings on the North Side into 27 units of affordable housing.
“This project will transform some of the worst eyesores on the North Side into much-needed safe, quality housing for low-income and homeless families and individuals,” said Mayor Richard C. David. “Vacant, blighted properties like these attract criminal activity, hurt property values and frustrate neighbors. These properties weren’t auctioned off to the highest bidder, continuing a cycle of blight and neglect. Instead, we’re turning them into community assets and creating more affordable housing.”
OFB will renovate the following City-owned properties: 39-49 Munsell St., 22 Moffatt Ave., 22 Way St. and 4 Sturges St.
The construction will include gutting the building interiors including new electrical, plumbing and heating systems; asbestos abatement, windows, exterior demolition and reconstruction for twenty-seven (27) apartments. The four identified properties have been vacant for several years and are currently uninhabitable at this time.
“We are very thankful that our project was chosen as one of the funded projects through NYS OTDA Homeless Housing Assistance Program,” said Mark Silvanic, CEO of Opportunities for Broome/Chenango. “Mayor David had reached out and asked if we were willing to work with the City on a project to provide housing for those less fortunate and experiencing homelessness. We worked diligently for the last year and half to make this happen for our community.”
The project will create larger apartments, including two four-bedroom units and seven three-bedroom units, to accommodate the need for more affordable housing for larger families in Broome County. It will also create smaller units and accessible units.
The New York State Office of Temporary and Disability Assistance (OTDA) is providing approximately $7.5 million for the project through its Homeless Housing and Assistance Program.
The City of Binghamton has committed $100,000 in HOME Partnership funding for the project.
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