Proposed apartment complex in Town of Batavia receives state grants

The office of Gov. Andrew Cuomo announced today funding of $16.5 million for 240 units of new affordable housing across the state, including more than $2 million for Big Tree Glen, a project being planned for West Main Street Road, Batavia.

From the press release:

This $12.2 million project is being co-developed by Conifer LLC and United Memorial Medical Center to consist of 56 affordable rental units in seven two-story buildings. The project meets the Early Award Housing Opportunity Project goal in that the project will be served by Pembroke School District, one of the highest-performing districts in Western New York. The project is also in close proximity to jobs, shopping and services. The Town of Batavia supports the project, as evidenced by the approval of a Special Use Permit, approval of the preliminary site plans, and the issuance of a negative SEQRA declaration.

HCR funding for this project will be provided through a Housing Trust Fund award of $1,382,135 and through a $775,583 award of Federal Low-Income Housing Credit, which will leverage Bank of America and CPC loans of $2.2 million and $1,050,000 respectively, $120,000 of NYSERDA funds, and a deferred developer fee of $208,612.

Previously:

• County planners reject proposed apartment complex on West Main Street Road, Batavia
• Developers make case for 136-unit apartment complex in Town of Batavia
• Town planners give initial nod of approval to apartment complex on West Main Street