CICERO, N.Y. — Crews have completed work on the $15 million Monarch Commons, a 50-unit housing development for seniors at 8701 Knowledge Lane (formerly 8697 Brewerton Road) in the town of Cicero.
The energy-efficient development includes 15 supportive homes for veterans dealing with homelessness, the office of Gov. Kathy Hochul announced.
The development consists of a single, two-story building with 48 one-bedroom apartments and two two-bedroom apartments. All apartments are affordable to households earning at or below 60 percent of the area median income, per Hochul’s office.
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State financing for the $15 million Monarch Commons included $12 million in federal low-income housing tax credits and $2.5 million in subsidy from New York State Homes and Community Renewal. NYSERDA provided $175,000 in support as well. Additional financing has been provided by the CDS Wolf Foundation and the Central New York Community Foundation. CDS Monarch of Rochester is the developer and operator.
New York State Assemblymember Al Stirpe (D–Cicero) was among those attending the Wednesday afternoon ceremony.
“This new housing not only expands access to shelter for our seniors and veterans in Onondaga County but also provides them with the supportive services they need to thrive in their new homes,” Stirpe said in a release. “This project is a bold step forward in our commitment to ensure that all New Yorkers have a roof over their heads, and I thank Governor Hochul for supporting this vital development.”
Monarch Commons complements Hochul’s $25 billion housing plan that will create or preserve 100,000 affordable homes across New York, the governor’s office said. They include 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes, it added.
