Borrello announces HUD grant for old Silver Creek school
SILVER CREEK – State Sen. George Borrello has announced a $4.6 million grant Friday for an affordable senior housing project at the former high school on Main Street.
The award is from the Department of housing and Urban Development (HUD) and the project is only one of 30 nationwide to get the grant. It’s part of HUD’s section 202: Supportive Housing for the Elderly Program. The initiative provides capital advances to private, nonprofit sponsors to finance the development of housing for very low-income elderly residents.
The proposed Silver Creek Senior Apartments project, led by Region 9 UAW Housing Corporation, would transform the former school into a 47-unit apartment building for those 55 and over. All units in the complex would serve seniors with incomes at or below 60 percent of the area median income. Fifteen apartments would be set aside for the frail elderly.
“From the start, I saw the potential to transform this former school into critically-needed housing for our area’s seniors, despite the deterioration that has occurred during the 40 years it has stood vacant,” Botrello said. “Ideally situated in a wonderful, walkable community with services nearby, this project would serve a need that has gone unmet for decades and allow many seniors to access supportive housing in their own community, close to family and friends.”