A proposed senior apartment complex in Silver Creek is one step closer.

Today, Gov. Kathy Hochul announced a $6.9 million for Silver Creek Senior Housing. The project includes the demolition of the dilapidated Silver Creek High School and the new construction of a 54-unit senior housing development.

Fifteen of the development’s apartments will be set aside for seniors experiencing homelessness.

The developers are Park Grove Development, LLC, and Southern Tier Environments for Living, Inc. The project will receive $297,000 in Clean Energy Initiative funds to pursue stretch certification goals.

In February, the Chautauqua County Industrial Development Agency approved a Payment In Lieu Of Taxes agreement for the project, after speaking with Allen Handelman, Vice President of Park Grove Development.

County IDA President and Chief Executive Officer Mark Geise was excited for the announcement. “I wouldn’t conclude that the project is a done deal. There are always other circumstances that come into play; however, it is looking good,” he said.

The money for the Silver Creek Apartment project was part of more than $260 million awarded through tax credits and subsidies to create or preserve 1,852 affordable, supportive, and sustainable homes in 29 developments across New York State.

According to Hochul, the projects will expand or protect the housing supply in every region, upgrade and modernize public housing, further local economic development initiatives, and include sustainable features that advance the State’s climate goals. This funding also builds on the governor’s comprehensive agenda to address New York’s housing crisis and reduce housing costs for New Yorkers by increasing the housing supply.