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Affordable apartments in Farmington under construction
Affordable apartments in Farmington under construction
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Construction is underway in Farmington on a $22 million affordable housing development.
Beaver Creek Apartments will consist of 13 residential buildings with a total of 104 affordable homes, the state Homes and Community Renewal (HCR) said Thursday. Residents will have access to the Victor Central School District and nearby commercial corridors along Route 332 and Route 96 for jobs and services.
“When we build affordable housing in fast-growing areas with high-performing schools and access to good jobs, we provide families with new opportunities and strengthen the local economy,” said HCR commissioner RuthAnne Visnauskas in a statement. “This development will create the safe, affordable homes that will help guarantee, as the Finger Lakes Region keeps moving forward, all New Yorkers are moving forward with it.”
HCR provided $16.3 million in financing for the development in the form of tax-exempt bonds and subsidy loans.
Beaver Creek Apartments is being developed by Rochester’s Home Leasing LLC. The 13 new buildings on 15 acres will contain eight apartments each. The complex will have 32 one-bedroom, 40 two-bedroom and 32 three-bedroom apartments.
The apartments will be available to households earning between 60 and 90 percent of the area median income.
“Home Leasing is delighted to be underway with the construction of Beaver Creek Apartments in Farmington,” Home Leasing Chairman and CEO Nelson Leenhouts said. “In collaboration with NYS Homes and Community Renewal, the Town of Farmington, and many others, we will soon provide high-quality workforce housing in a community experiencing economic growth served by an excellent school district. The location is beautiful and will provide an environment that the future residents will enjoy.”
The location is on the west side of state Route 332 and adjacent to Home Leasing’s 88-unit affordable senior housing development, Farmington Gardens I, which was financed by HCR in 2010.
“This is great news for both the Town of Farmington and Ontario County. These 104 affordable apartments will provide housing opportunities for many existing and new residents. This location is surrounded by high performing school districts and many employment opportunities,” said John Marren, chairman of Ontario County’s board of supervisors. “We thank Home Leasing for bringing this much-needed resource to the Town of Farmington.”
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