Under
Construction
Cortland Crown Homes
Construction
Cortland Crown Homes
housingvisions.org
Funding
Sources
| Source | Purpose |
| Keybank National Association | Construction Loan |
| Key Community Development Corp. | Equity for Low Income Housing Tax Credit |
| NYS HOME Loan | CDBG loanPermanent Financing |
| NYS HTF Loan | Permanent Financing |
| City of Cortland | CDBG Funds |
| Housing Visions Consultants, Inc. | Equity |
Development
Team
Housing Visions Consultants, Inc.
Alestalo & Etzel Architects, P.C.
Housing Visions Construction Co.
Cortland Housing Assistance Council, Inc.
Green & Seifter Attorneys, PLLC
Green & Seifter Certified Public Accountants, PLLC
Key Bank National Association
Key Community Development Corp.
Housing Visions Consultants, Inc.
Alestalo & Etzel Architects, P.C.
Housing Visions Construction Co.
Cortland Housing Assistance Council, Inc.
Green & Seifter Attorneys, PLLC
Green & Seifter Certified Public Accountants, PLLC
Key Bank National Association
Key Community Development Corp.
Cortland
Crown Homes consists of 30 units of scattered site rental housing in a critical
mass to be rehabilitated or newly constructed along the City of Cortland’s South
Main Street gateway. This project is part of the City of Cortland’s
comprehensive revitalization plan and responds to a priority need for quality
affordable housing.
Six substandard buildings will be substantially rehabilitated and the demolition of 4 buildings with 2 respective new builds will significantly change the streetscape of the neighborhood on the western side of South Main Street. In total, 30 high quality affordable units will be created through the Cortland Crown Homes project, giving the city a needed facelift, reversing deteriorating economic and social conditions and providing economic stability for households.
Six substandard buildings will be substantially rehabilitated and the demolition of 4 buildings with 2 respective new builds will significantly change the streetscape of the neighborhood on the western side of South Main Street. In total, 30 high quality affordable units will be created through the Cortland Crown Homes project, giving the city a needed facelift, reversing deteriorating economic and social conditions and providing economic stability for households.
About The
Project
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An application
for funding was submitted in early 2006 to the Department of Housing and
Community Renewal (DHCR) for this neighborhood revitalization project and the
award was announced in August. Property closings are currently in process.
Artist
Concept
Property
Address
Scattered sites along South Main Street in Cortland, NY
Scattered sites along South Main Street in Cortland, NY
Individually designed homes
- Multi-family houses for 2 to 5 families.
- Unique designs, flats and townhouse styling.
- off street parking.
Quality units
- Use of durable materials, bright floor plans.
Convenient location
- The neighborhood is essentially an older, low-income residential
neighborhood.
- Walking distance to stores and businesses, professional offices and
the post office.
Laundry facilities
- Washer/dryer hook-ups within apartments
Maintenance service
- Multi-family houses for 2 to 5 families.
- Unique designs, flats and townhouse styling.
- off street parking.
Quality units
- Use of durable materials, bright floor plans.
Convenient location
- The neighborhood is essentially an older, low-income residential
neighborhood.
- Walking distance to stores and businesses, professional offices and
the post office.
Laundry facilities
- Washer/dryer hook-ups within apartments
Maintenance service
Features
Cortland
Crown
Homes
Crown
Homes