So far, the state has committed $100.2 million for 15 projects approved by the state’s Homes and Community Renewal agency, which runs the program. Home HeadQuarters, a Syracuse non-profit that promotes home ownership, is approved to build 40 houses in Syracuse and is part of that $100 million.
Read MoreThe county is providing $280,000 for the Home HeadQuarters projects through the Onondaga County Housing Initiative Program, known as O-CHIP, which McMahon initiated last year with approval from the legislature. The nonprofit expects the new housing to cost $22.7 million.
Read MoreKerry Quaglia, the CEO of Home HeadQuarters, said his agency targets minority and low-income borrowers in the city because those groups are consistently under-served by most banks, mortgage companies and other traditional lenders.
Read MoreThe Otisco Street home represents the first complete of seven new, eight total, single-family, all-electric, net zero homes slated for the neighborhood.
Read MoreWe last reported on the five planned single-family, new construction houses on Syracuse's Westside earlier this past summer when we broke ground on the first property.
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