Syracuse, NY – April 30, 2009 – (RealEstateRama) — The construction of new housing on the near East Side has officially begun, as Housing Visions breaks ground on its 28 unit housing development. Loguen Homes is a continuation of the revitalization efforts undertaken by Housing Visions. Loguen Homes accomplishes two major goals; developing high quality, attractive housing units, and offering well-managed and affordable housing in the neighborhood. 11 properties along Lexington Ave., Columbus Ave., S. Beech St., Pine St. and E. Fayette Street will be included.
Deborah VanAmerongen, Commissioner of the Division of Housing and Community Renewal (DHCR) said, “Loguen Homes is part of Housing Visions’ continuous efforts to revitalize neighborhoods throughout Syracuse. DHCR is proud to be a part of this preservation effort that will result in 28 units of quality, energy-efficient affordable housing for Syracuse residents.”
Priscilla Almodovar, “nyhomes” President and Chief Executive Officer said “Loguen Homes will not only bring 28 much-needed affordable housing units to the Eastside of Syracuse, but will also create homes that exceed the state’s Green Building Initiative and Energy Efficiency requirements,” “‘nyhomes’ is proud to be working with Housing Visions, a leading provider of affordable housing in Central New York, to help finance Loguen Homes. This development reinforces Governor David A. Paterson’s mission of making New York State a better place to live and work.”
Mayor Matthew J. Driscoll said, “The Loguen Homes project stands as part of a larger vision of neighborhood revitalization throughout our City. It is an example of community partners working together to make critical improvements in all of our neighborhoods.”
Kenyon Craig, President of Housing Visions Unlimited, Inc. said, “Housing Visions continues to support the revitalization of Syracuse’s near East Side. The combined work of many state and local agencies is just another example of how collaborative efforts can achieve the desired results to move this neighborhood in yet another positive step forward.”
Special thanks to the cooperative efforts of NYS Housing Finance Agency, the New York State Division of Housing and Community Renewal (DHCR), NYS Housing Trust Fund Corporation, the Syracuse Industrial Development Agency, ARISE, the City of Syracuse and the support of Mayor Matthew Driscoll, State Senator David Valesky, Assemblywoman Joan Christensen, Key Community and Development Corporation (KCDC), and KeyBank National Association.
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