Construction is underway on Dayspring Campus, a new development in Yonkers that will bring 63 affordable and supportive homes and a community center to the Nodine Hill neighborhood.
Governor Andrew M. Cuomo announced the start of construction on the $39 million development, which will icnlude the covnersion of a former church into a state-of-the-art 27,400 s/f community facility called the Dayspring Community Center.
The center will provide childcare, recreation, employment and counseling services for neighborhood residents.
“The Dayspring Campus is a strategic investment in the city of Yonkers that will create more affordable housing, reduce homelessness and further economic development in the city’s downtown,” Governor Cuomo said.
The six-story Dayspring Campus, located at 227 Elm Street, will include a mix of one, two and three bedroom apartments. Most of the apartments will be affordable to households earning at or below 50 percent of the Area Median Income, with 15 apartments for households earning at or below 30 percent of the Area Median Income.
Building amenities will include a community room, exercise room, laundry room, covered parking garage, security office and an outdoor landscaped seating area.
Thirty-seven apartments will be reserved for homeless families, including young parents with children and families with special needs.
Originally constructed at 320 Walnut Street in the late 19th century, the Dayspring Presbyterian Church, later known as the Good Shepherd Presbyterian Church, will undergo extensive renovations to creat the community center.
State financing for the project includes $7.1 million in permanent tax-exempt bonds, federal Low-Income Housing Tax Credits that will generate $15.2 million in equity, and $13.5 million in subsidy from HCR.
OTDA will provide rental subsidies and funding for onsite supportive services for the ESSHI units. The city of Yonkers previously provided $1 million in funding to the project.