Categories: Funding, New York State, Member News, Groundbreakings
08.05.2021
On July 22nd, DePaul joined development and government partners as well as elected officials to break ground on Veddersburg Apartments, a new affordable/supportive residence providing 62 homes to a mix of individuals with mental health diagnoses and local income-eligible households.
Located in the city of Amsterdam, the Apartments will feature a community room, lounges with computer access, laundry rooms on each floor, on-site parking and meeting spaces for tenant support services. The building features state-of-the-art sustainability features including Energy Star or equivalent heating and cooling equipment, appliances and light fixtures. DePaul will provide onsite support services funded by the State Office of Mental Health.
The residence is part of the state’s 20,000 unit/15 year supportive housing commitment, with services funded under the Empires State Supportive Housing Initiative. OMH Commissioner Dr. Ann Sullivan remarked, “The supportive housing units in the Veddersburg will allow people with mental illness to live and thrive in their own communities. Governor Cuomo’s Empire State Supportive Housing Initiative is giving vulnerable New Yorkers the resources needed to make their way on the road to recovery.”
Moreover, the Apartments were partially funded by the National Housing Trust Fund -- $1.43 million helped leverage financing from federal and state Low-Income Housing Tax Credits, New York State’s Homes and Community Renewal’s Supportive Housing Opportunity Program SHOP and NYS’s HOME program. The Community Preservation Corporation is providing the construction loan and the Capital Region Land Bank is assisting with a grant. The New York State Office of Mental Health is providing a Project Development Grant and the New York State Energy Research and Development Authority will be providing grant.
The building was designed by SWBR Architects, with general contracting services provided by Christa Construction and is expected to be open in14 months.
Read the coverage of the groundbreaking here and here and the press release here