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 | Permanent 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 quality affordable rental
housing in a critical mass that were substantially rehabilitated and newly
constructed along the City of Cortland's South Main Street gateway. The
project was part of the City of Cortland's comprehensive revitalization plan to
respond to a priority need for providing quality affordable housing. The
Cortland Crown Homes development continues to have a lasting positive impact on
the city.
Six substandard buildings were substantially rehabilitated and 4 buildings were demolished with 2 additional newly constructed buildings. This neighborhood revitalization effort has and will continue to change the streetscape of the western side of the South Main Street neighborhood. This project provided the South Main Street Gateway in the City of Cortland a much needed facelift, reversed deteriorating economic conditions and provided economic stability for the neighborhood.
Six substandard buildings were substantially rehabilitated and 4 buildings were demolished with 2 additional newly constructed buildings. This neighborhood revitalization effort has and will continue to change the streetscape of the western side of the South Main Street neighborhood. This project provided the South Main Street Gateway in the City of Cortland a much needed facelift, reversed deteriorating economic conditions and provided economic stability for the neighborhood.
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. Construction of the project was completed in fall
2008 and each of the buildings are fully occupied.
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