Part of the First Ward Council’s mission is providing affordable housing.
Development projects the council has undertaken have created more than 200 apartments for low-and-moderate-income tenants.
Crandall North Streets Revitalization Project
Renovating severely deteriorated buildings, the $11 million Crandall/North Street Revitalization Project is creating 37 attractive rental units in one of Binghamton’s oldest neighborhoods. Working together with the City of Binghamton and NYS Homes and Community Renewal, the Crandall/North Street Revitalization project is the latest part of an effort to rebuild some of Binghamton’s more distressed areas block by block. A critical mass of 10 buildings on Crandall Street is being rebuilt to maximize the impact. An eleventh home at 47 North Street, the historic Sturdevant House, was added to the project at the urging of neighborhood residents. Visitors to Crandall Street and 47 North Street are amazed by the transformation: new homes, responsible tenants, a new future!
Financing for the project was provided by New York State Homes and Community Renewal, the City of Binghamton and the Broome County Land Bank.
E.J. Apartments for Seniors
A $6.3 million project that converted the historic Endicott-Johnson Workers Hospital at 305 Clinton St. into 20 units of housing for seniors 55 and older. Financing came from federal housing tax credits, the New York State Housing Trust Fund and the New York State Office for Persons with Developmental Disabilities.
Binghamton Gateway Apartments
The $12.3 million Binghamton Gateway Apartment Project that included the renovation of nine buildings on Front Street, one building on Spring Forest Street and one building on Meadow Street as 27 units of affordable housing. Six of the units are for people with physical disabilities. The project also included the construction of a new mixed-use building with two commercial storefronts and 10 residential units, called the Lincoln Apartments on the site of the former Lincoln Hotel at 168 Clinton St. Fire had destroyed the local landmark.
In addition to providing affordable housing, the Gateway Apartment project removed blight from one of the main routes into the City of Binghamton. Financing sources included federal housing tax credits, Community Development Block Grant-Disaster Recovery funds and a loan from the NYS Housing Trust Fund.