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Construction Watch: Club Utica Renovation

PUSH Buffalo’s Buffalo Neighborhood Stabilization Company is starting work on an aggressive plan to renovate and/or building 46 new units of affordable housing in its Green Development Zone centered along Massachusetts Avenue.

First up is a renovation of the former Club Utica building at 527 W. Utica Street at Brayton.  Work is underway.

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The two-story building will contain a community room, laundry room and several offices behind two commercial spaces fronting W. Utica.  A pair of one-bedroom apartments and a two-bedroom unit will be constructed on the second floor.

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Buffalo Neighborhood Stabilization Company purchased the 6,600 sq.ft. building in April 2012 for $33,000.

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Work on the other affordable housing, the Massachusetts Avenue Community Homes project, will start shortly.  It involves new construction of 28 rental units and rehabilitation of 18 rental units in 16 buildings along Hampshire, Massachusetts, Vermont, Chenango, Sherwood, Normal, 14th, 19th, and W. Utica streets.

The funding will come from three different programs within HCR, and was announced as part of the united funding application process. The Low-Income Housing Trust Fund Program will provide loans totaling $2,332,189. $849,052 will come from Federal Low-Income Housing Tax Credits, and $333,511 will come from State Low-Income Housing Tax Credits.

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Written by WCPerspective

WCPerspective

Buffalo and development junkie currently exiled in California.

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