SENNETT, N.Y. — Construction on the Sennett Meadows Senior Apartments, a new $15 million housing development in Cayuga County is now complete. It includes 60 energy-efficient homes for New Yorkers aged 55 and older, including 18 with supportive services for seniors and veterans with physical disabilities, the office of Gov. Kathy Hochul announced March 2 […]
Get Instant Access to This Article
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
Click here to purchase a paywall bypass link for this article.
SENNETT, N.Y. — Construction on the Sennett Meadows Senior Apartments, a new $15 million housing development in Cayuga County is now complete.
It includes 60 energy-efficient homes for New Yorkers aged 55 and older, including 18 with supportive services for seniors and veterans with physical disabilities, the office of Gov. Kathy Hochul announced March 2
Sennett Meadows Senior Apartments was constructed using green building practices, and the development meets the criteria for the New York State Energy Research and Development Authority (NYSERDA) new construction - housing program.
The project is seeking certification paths through LEED (Leadership in Energy and Environmental Design) and ENERGY STAR multifamily new construction.
The development utilizes Energy Star-rated central air conditioning and appliances.
State financing includes federal and state low-income housing tax credits that generated $10.4 million in equity and $3.6 million in subsidies from New York State Homes and Community Renewal. NYSERDA contributed $60,000 in support. The Federal Home Loan Bank provided $571,000, Hochul’s office said.
Rochester’s Cornerstone Group, Ltd. and Genesis Housing Development Corporation co-developed Sennett Meadows Senior Apartments.
“With 60 units of affordable, energy-efficient housing and wraparound services for seniors and New Yorkers with disabilities, Sennett Meadows will provide exactly the kind of housing New York needs,” Hochul contended in the announcement.
Located on a previously vacant parcel on East Genesee Street Road in the town of Sennett, the development provides 56 one-bedroom apartments and four two-bedroom units in a newly constructed two-story building. All apartments are affordable to residents aged 55 and older with incomes at or below 60 percent of the area median income.
The development includes 18 apartments that are reserved for seniors and veterans with physical disabilities who will have access to rental subsidies and services funded through the Empire State Supportive Housing Initiative (ESSHI) administered by the New York State Department of Health.
ARISE is the service provider for the 18 ESSHI apartments. Support services include technological literacy support, financial and benefits advisors, care coordination, peer counseling, employment services, and crisis management.