Categories: Construction, Design & Real EstateHealth CareSubscriber Only

New housing development on Syracuse’s South Side offers homes to adults 55 and over

New York State Homes and Community Renewal has announced the completion of a $20 million project to convert St. Anthony of Padua Catholic School and Convent at 411 W. Colvin St. in Syracuse into a housing development. (PHOTO CREDIT: NYS HOMES AND COMMUNITY RENEWAL)

SYRACUSE, N.Y. — The Gardens at St. Anthony’s Apartments is a new housing development at 411 W. Colvin St. in Syracuse that offers 54 homes for adults ages 55 and older. Half of the apartments are reserved for seniors in “need of supportive services,” RuthAnne Visnauskas, commissioner of New York State Homes and Community Renewal […]

Already an Subcriber? Log in

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.

Learn More and Become a Subscriber

SYRACUSE, N.Y. — The Gardens at St. Anthony’s Apartments is a new housing development at 411 W. Colvin St. in Syracuse that offers 54 homes for adults ages 55 and older.

Half of the apartments are reserved for seniors in “need of supportive services,” RuthAnne Visnauskas, commissioner of New York State Homes and Community Renewal (HCR), said in announcing the completion of the project.

HCR held a formal-opening event at the venue on April 12.

The Gardens at St. Anthony’s is the result of a $20 million renovation project at St. Anthony of Padua Catholic School and Convent.

State financing for The Gardens at St. Anthony’s includes federal low-income housing tax credits that generated
$11.1 million in equity and $2.6 million in subsidies from New York State HCR.

The New York State Office of Parks, Recreation and Historic Preservation allocated federal and state historic tax credits that generated $5.9 million in equity and the New York State Energy Research and Development Authority provided $52,400 in support. The City of Syracuse contributed $700,000 in HOME funding, HCR noted.

Rochester–based Home Leasing is the developer and property manager, and Syracuse–based Nascentia Health is the service provider. Home Leasing Construction completed the renovations.

The renovated property includes 27 apartments for seniors who will have access to on-site services funded through the Empire State Supportive Housing Initiative and administered by the New York State Department of Health. Nascentia Health is coordinating and providing the supportive services. The remaining apartments are for adults ages 55 and older with incomes at or below 60 percent of the area median income.

The St. Anthony of Padua Catholic School and Convent building were originally constructed in 1926 and are listed on the National Register of Historic Places. After closing as a private school, the Syracuse City School District used the property until 2009.

Eric Reinhardt