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09 Oct 2023

Governor Hochul Announces Completion of 184-unit Affordable Housing Development in Utica

Governor Hochul Announces Completion of 184-unit Affordable Housing Development in Utica

Governor Kathy Hochul today announced renovations are complete on Parkedge Townhomes in Utica, a 184-unit Mitchell Lama development for families. Each unit at the 50-year-old complex received major upgrades and the project also funded a new community building, two playground areas, and sustainable infrastructure improvements.

“By rehabilitating Parkedge Townhomes, we are continuing our investment in Utica’s future and furthering the State’s efforts to protect Mitchell-Lama housing which has been a valuable source of affordable, secure housing for families for generations,” Governor Hochul said. “Preserving New York’s existing housing stock is a vital component of my administration's commitment to ensuring every community can provide the types of homes that will help more our communities thrive.”

In the last five years, HCR has created or preserved over 1,000 affordable homes in Utica. Parkedge Townhomes continues this effort and complements Governor Hochul's $25 billion comprehensive Housing Plan that will create or preserve 100,000 affordable homes across New York, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes.

Read More at The Official Website of New York State


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