Governor Hochul Announces Completion of Parliament-Fairfield Development in Rochester

Strategic Insights -

Governor Kathy Hochul today announced the completion of Parliament-Fairfield, a $54 million project that included both renovations and new construction of apartments at two nearby Rochester Housing Authority developments, Parliament Arms and Fairfield Village. The project substantially rehabilitated 88 units and constructed an additional 15 apartments, a total of 103 modern, energy-efficient, and affordable homes. This development is part of Governor Hochul's commitment to addressing New York's housing crisis and making the state more affordable and more livable for all New Yorkers.

Key Takeaways:

  • The Parliament-Fairfield development is a $54 million project that includes both renovations and new construction of apartments at two nearby Rochester Housing Authority developments, Parliament Arms and Fairfield Village.
  • The project substantially rehabilitated 88 units and constructed an additional 15 apartments, a total of 103 modern, energy-efficient, and affordable homes.
  • All units have Section 8 Project Based Vouchers under HUD's Rental Assistance Demonstration Program.
  • The development is all-electric and designed to meet 2020 Enterprise Green Communities Plus criteria, with energy efficiency features including heat pumps, appliances, and air duct replacement.
  • Ninety-nine units are affordable to households earning up to 80 percent of the Area Median Income, with the remaining four units having no income restrictions.
  • The project was developed by the Rochester Housing Authority and Edgemere Development, with support from New York State Homes and Community Renewal's (HCR) Federal Low-Income Housing Tax Credit Programs.
  • The development also benefits from over $1.2 million in Clean Energy Initiative funding, a partnership between HCR and the New York State Energy Research and Development Authority (NYSERDA).
  • The City of Rochester provided $750,000 in HOME funding.
  • Governor Hochul's leadership has financed over 4,000 affordable homes in Rochester, and this project is part of her $25 billion five-year housing plan to create or preserve 100,000 affordable homes statewide.
  • The project is also part of Governor Hochul's commitment to ensuring that the State's supply of public housing is safe, modern, and affordable.

Statistics:

  • The total cost of the project is $54 million.
  • The project rehabilitated 88 units and constructed an additional 15 apartments, for a total of 103 modern, energy-efficient, and affordable homes.
  • Ninety-nine units are affordable to households earning up to 80 percent of the Area Median Income, with the remaining four units having no income restrictions.
  • The project was developed with a total of $31 million in federal and state funding.
  • The development benefits from over $1.2 million in Clean Energy Initiative funding and $750,000 in HOME funding from the City of Rochester.
  • Governor Hochul's leadership has financed over 4,000 affordable homes in Rochester.

Sources:

  • The office of the Governor of New York
  • New York State Homes and Community Renewal (HCR)
  • The Rochester Housing Authority
  • Edgemere Development
  • The City of Rochester
  • The New York State Energy Research and Development Authority (NYSERDA)
  • The Federal Housing Administration (FHA)
  • The Housing and Urban Development (HUD)