$37 Million Homesteads at Dunkirk Landing Will Include 16 Apartments With Supportive Services for Veterans
Development Advances Downtown Revitalization Efforts and Transforms Blighted Brownfield Properties Into Sustainable Housing and Community Space
Governor Kathy Hochul today announced construction on Homesteads at Dunkirk Landing has started, a 78-unit affordable and supportive housing development that will create new homes in the city of Dunkirk, Chautauqua County. The $37 million development will include 16 apartments with supportive services for veterans who have experienced homelessness and approximately 5,900 square feet of commercial space planned for a childcare center. Under Governor Hochul's leadership, New York State Homes and Community Renewal (HCR) has created or preserved more than 600 affordable homes in Chautauqua County. Homesteads at Dunkirk Landing continues this progress and is part of Governor Hochul's $25 billion five-year Housing Plan, which is on track to create or preserve 100,000 affordable homes statewide.
“Making New York more affordable starts with creating more homes in communities across our state,” Governor Hochul said. “With Homesteads at Dunkirk Landing, we are turning underutilized properties into 78 new affordable homes while supporting veterans, families and the continued revitalization of downtown Dunkirk. This investment is another example of how we are working with local communities to increase housing supply, strengthen neighborhoods and create new opportunities for New Yorkers to build their futures.”
Homesteads at Dunkirk Landing will be affordable to households earning up to 70 percent of the Area Median Income. There will be 16 supportive apartments reserved for eligible veterans with disabilities who have experienced homelessness, with on-site services provided by Soldier On, a nonprofit organization that offers housing and support services to veterans. Units will be supported by an Empire State Supportive Housing Initiative award administered by the New York Office of Temporary Disability Assistance. There will be eight units to accommodate residents with mobility impairments, and four units to accommodate residents with sensory disabilities.
Developed by Regan Development Corporation, the project will consist of two new buildings located within two blocks of one another on Washington Avenue and on East Fourth Street. The Washington Avenue building will contain 48 apartments, while the East Fourth Street building will contain 30 apartments. Both sites are located within Dunkirk’s Brownfield Opportunity and Downtown Revitalization Initiative areas, replacing vacant and blighted properties.
The development will appeal to families of varying sizes. There will be a mix of one-, two- and three-bedroom units. The East Fourth Street building will include approximately 5,900 square feet of commercial space planned for a childcare center. The project will also feature community rooms and a playground.
Homesteads at Dunkirk Landing is designed to meet 2020 Enterprise Green Communities Plus standards, EPA Energy Star Multifamily New Construction, EPA Indoor airPLUS, and U.S. Department of Energy Zero Energy Ready Homes criteria. The buildings will be all-electric, feature on-site solar panels and electric vehicle charging.
Financing for Homesteads at Dunkirk Landing includes a mix of public and private sources, including Federal and State Low-Income Housing Tax Credits from HCR expected to generate $19 million in equity, $9 million in HCR subsidy, and $200,000 in infrastructure funding from Empire State Development. The project is receiving a $1 million award from the Department of State’s Downtown Revitalization Initiative.
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