$24 Million Housing Project Planned for Downtown Binghamton
Several dozen affordable housing units and an expanded childcare facility are included in an ambitious proposal unveiled for downtown Binghamton.
The YWCA of Binghamton and Broome County is developing the project, which calls for the construction of a four-story building on Lisle Avenue.
A new childcare center is to be developed in the former Broome County Urban League building on Carroll Street.
YWCA executive director Carole Coppens said the agency has acquired the old Urban League structure from Isaac Anzaroot. The YWCA also has purchased two nearby properties on Lisle Avenue and will buy two adjacent parcels now owned by the city.
The new Lisle Avenue building is expected to have 60 units of affordable housing, some of which will be allocated for low-income seniors.
Renovation of the old Urban League building is expected to cost $4 million. The city is providing $500,000 in federal American Rescue Plan Act funds for the project. A $250,000 state grant also will support the planned work.
Coppens said the YWCA will seek other grants to cover most of the cost of the housing project.
Contact WNBF News reporter Bob Joseph: firstname.lastname@example.org.
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