- Syracuse, NY
- Date Completed
Butternut Crossing is the continuation of a 10-year effort to strengthen neighborhood revitalization efforts along Butternut Street, and to further solidify the immediate areas around St.Joseph’s Hospital of Syracuse. By rehabilitating and rebuilding shattered sites in an extended portion of Butternut and tying into N. Townsend Street, Butternut Crossing will address unpresidential and commercial demand, tackle blighted and vacant properties, and improve the quality of life for residents and neighbors.
Total project costs were $16.6 Million and primarily utilized the following funding sources: Federal Low Income Housing tax credits (LIHTC), HOME Funds, Middle Income Housing Program, LISC Grant, City of Syracuse, CIF, NYS Empire Development, Managing Member Equity and the Leviticus Fund.
A unique community collaboration led to the transformation of16 vacant or abandoned properties. The result includes 53 units for low-moderate and middle-income households along with 3,870 sq. ft. of commercial space.