Governor Kathy Hochul today announced the completion of construction on a $21 million affordable housing development in the Monroe County town of Chili. Hubbard Springs Apartments provides 72 energy-efficient homes, including 11 apartments reserved for individuals with physical disabilities or who are recovering from a traumatic brain injury. The development offers affordable family homes in a vibrant community in the high performing Churchville-Chili Central School District.
"Housing is a human right, and in New York we are taking bold action to ensure everyone has a safe, affordable place to call home," Governor Hochul said. "Our investment here in Chili not only expands access to housing, but it helps us build more diverse and accessible communities where everyone can thrive. We will continue to confront the housing crisis with projects like Hubbard Springs that help ensure high-quality affordable housing, improve the lives of residents, and strengthen neighborhoods."
Hubbard Springs Apartments is part of Governor Hochul's sweeping plans to make housing more affordable, equitable, and stable. The Governor has introduced and successfully secured, in the recently enacted State Budget, a new $25 billion, five-year, comprehensive housing plan that will increase housing supply by creating or preserving 100,000 affordable homes across New York including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes.
Hubbard Springs Apartments consists of a single two-story building with 24 apartments and six two-story buildings, each containing eight apartments. All seven newly constructed buildings are located on Union Square Boulevard in the town of Chili and are linked by crosswalks and sidewalks.
The town of Chili and hamlet of North Chili are considered higher opportunity neighborhoods due to their access to a high-performing school district and lower poverty rates. The development is conveniently located a half-mile from the hamlet center of North Chili with pharmacies, a post office, grocery store, gas station and other retail shopping, and the town's Hubbard Park is only a quarter mile away.
Energy-efficient features include Energy Star appliances and LED lighting, windows, insulation, air sealing and additional measures to improve indoor air quality, maximize resident comfort and reduce overall energy consumption and costs.
There are 11 apartments reserved for individuals with physical disabilities or traumatic brain injuries who have access to on-site services provided by the Center for Disability Rights, Inc. An additional 11 apartments are designed to be accessible to individuals with a mobility impairment or hearing/visual impairment.
The rest of the homes are for households with incomes at or below 70 percent of the Area Median Income. There are 24 one-bedroom apartments, 24 two-bedroom apartments and 24 three-bedroom apartments.
Residential amenities include a 24/7 laundry and fitness area, a community room with kitchenette, a computer room, and office space for the supportive service provider. Outdoor amenities include a fenced-in playground.
The development team includes Rochester's Cornerstone Group, Ltd., and Bishop Sheen Ecumenical Housing Foundation, Inc.
State financing for Hubbard Springs Apartments includes Federal Low-Income Housing Tax Credits that generated about $10.9 million in equity and $6.4 million in subsidy from New York State Homes and Community Renewal. The New York State Energy Research and Development Authority has committed more than $63,000 in support. In addition, the Community Preservation Corporation is providing a $2.8 million permanent loan through its partnership with the New York State Common Retirement Fund.
Homes and Community Renewal Commissioner RuthAnne Visnauskas said, "Hubbard Spring Apartments provides an opportunity for low- and moderate-income individuals and families to live affordably in an economically thriving and resource-rich community. With 72 energy-efficient apartments and excellent amenities, the new residents of Hubbard Springs will benefit from a strong school district, nearby recreation, and easy access to retail and other services. In addition, eleven individuals with physical disabilities will have the support they need to live independently in a comfortable setting. In partnership with Rochester's Cornerstone Group and Sheen Housing, we are making Chili a more inclusive, affordable and even better place to live."
New York State Energy Research and Development Authority President and CEO Doreen M. Harris said, "Hubbard Springs Apartments will provide vulnerable families in Monroe County with increased access to affordable housing that includes critical support services and the energy cost savings and comfort provided by a highly energy efficient home. The state is committed to reducing harmful emissions while ensuring that all New Yorkers benefit equitably in the transition to a clean energy economy."
State Comptroller Thomas P. DiNapoli said, "The Hubbard Springs development is a welcome addition to the Rochester community, providing much needed affordable and supportive housing for New Yorkers with disabilities. I'm grateful that our state pension fund can invest in projects like this that provide a secure return for its members, but also benefit New York's communities. I look forward to our continued collaboration with the Community Preservation Corporation and Gov. Hochul's administration in creating new and affordable housing for New Yorkers."
State Senator Edward Rath III said, "Providing quality housing options for all, in our community, is critical. I am pleased to see these developments happening in Chili."
Assemblymember Harry Bronson said, "Housing is a basic human right and we must do all we can to ensure safe, stable housing for our families. Housing is health care, housing is economic opportunity. Hubbard Springs will provide our families with all of these things and more - including 11 apartments reserved for individuals with physical disabilities or who are recovering from a traumatic brain injury. I'm proud to see this development in the Town of Chili. Thank you, Rochester's Cornerstone Group, Ltd., and Bishop Sheen Ecumenical Housing Foundation, Inc. for leading the way on this important project."
Monroe County Executive Adam Bello said, "Access to a safe, secure, high-quality and affordable place to call home is a cornerstone of stability and quality of life for individuals and families. Projects like Hubbard Springs help make our communities stronger. I thank Governor Hochul and New York State Homes and Community Renewal for making this project possible, and Rochester's Cornerstone Group and Bishop Sheen Ecumenical Housing Foundation for investing here in Monroe County."
Town of Chili Supervisor David Dunning said, "Quality affordable housing is a key element to a strong community. Having a safe and affordable place to call home is a fundamental right for all. We welcome those who will soon call Chili home."
Mortgage Officer at The Community Preservation Corporation Miriam Zinter said, "It's amazing to see the transformation of this site and to know that the housing we're celebrating today will be an anchor for the community for decades to come. The 72 affordable apartments will provide residents, including those recovering from traumatic brain injuries, with the stability and opportunity to build better futures for themselves. We are also proud to have helped finance a property that is affordable and energy efficient, bringing healthy, sustainable homes to the Chili community. My thanks to Rochester's Cornerstone Group, Bishop Sheen Ecumenical Housing Foundation the Center for Disability Rights, and Comptroller DiNapoli and our partners at the State Pension Fund."
Bishop Sheen Ecumenical Housing Foundation, Inc.'s Board Chair Kevin LoCicero said, "Sheen Housing is honored for the continued partnership with Rochester's Cornerstone Group to provide safe, affordable housing for our community. Our deep commitment and investment in expanding safe, affordable housing options is never more evident than here at Hubbard Springs where residents have access to quality, stable housing."
Rochester's Cornerstone Group President Roger W. Brandt, Jr. said, "Rochester's Cornerstone Group is proud to have developed, along with our co-developers at Sheen Housing, Hubbard Springs Apartments in the Town of Chili. The Town has been the site for numerous Cornerstone developments over the years and Hubbard Springs will add to Chili's diverse housing options. Cornerstone is excited to celebrate with our partners and funders who helped complete this development."
Managing Director at Community Development Banking, Chase, David Walsh said, "It's exciting for us to see the Hubbard Springs Apartments opening to provide Chili residents with safe, stable and affordable housing. We're proud to have worked with local leaders like Rochester's Cornerstone Group and Bishop Sheen Ecumenical Housing Foundation, Inc., who are committed to community development and the creation of affordable housing in areas where it's needed."
Accelerating Finger Lakes Forward
Today's announcement complements "Finger Lakes Forward," the region's comprehensive blueprint to generate robust economic growth and community development. The regionally designed plan focuses on investing in key industries including photonics, agriculture and food production, and advanced manufacturing. Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative. The State's $500 million investment will incentivize private business to invest well over $2.5 billion - and the region's plan, as submitted, projects up to 8,200 new jobs. More information is available here.