SOURCES OF PUBLIC FINANCING The project received 85.8% of the construction cost from multiple sources of public funding including HFA ($18,750,000), HCR Shop Subsidy ($9,955,000), OMH ($185,500), City of Rochester ($1,000,000) and Federal Home Loan Bank ($620,000). The project is among the first in the State to be supported by HCR’s Green Bonds program, which issues tax-exempt bonds certified by The Climate Bond Initiative, an international organization supporting financing for projects that reduce the emissions of greenhouse gases.
SUBMITTED BY SWBR, Rochester, NY Photo Credits | © Park Avenue Photography | Gene Avallone and Elizabeth Brooks
New Construction | Honor Award DePaul Upper Falls Square Apartments | Rochester, New York
PROVIDING HOMES AND A RENEWED SENSE OF PRIDE
Once a Vacant Property, a New Affordable Development Creates a Safer, More Vibrant Neighborhood in Rochester, NY. building is named in honor of Ellen Stubbs, a well-respected nurse deeply committed to her community, who passed away in 2012. The Cleveland Street building is named for Minister Raymond and Maxine Scott whom together have a decades-long commitment to bettering the Rochester community. Each Studio, One Bedroom, and Two Bedroom apartment features a full kitchen, living area, full bath, and in-unit storage. Heat, air conditioning, basic cable, hot water and electric are included in the rent as are community laundry facilities. Resident spaces include lounges, fitness rooms, laundry, and computer areas at each floor. Each building has a large Community Room with kitchen for resident use and community functions.
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pper Falls Square Apartments is a new $48 million affordable development offering housing with support services to Rochester’s Northeast Quadrant-Upper Falls community. The 142,000 SF development features two buildings containing 150 apartments, 75 of which provide services to help people with special needs live independently. Upper Falls Square Apartments occupies three acres at Hudson Avenue and Cleveland Street that was once the site of condemned homes recently razed by the City. The Hudson Avenue
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What is the greater social value of the submission? Upper Falls Square is the single largest development undertaken in this neighborhood in decades and has become a catalyst for redevelopment of neighboring properties. This redevelopment has provided a renewed sense of pride in the community and those who call it home. Brick, natural stone, and traditional siding materials are contextual to their residential surroundings, while speaking to the area’s urban and commercial fabric. On Hudson Avenue, solid masonry corners re-establish the street edge and give way to a beautifully detailed South facing
