NORWICH – A special meeting was called by the Norwich Common Council Tuesday to hear a residential management company present plans to build affordable housing in the State Street neighborhood.
Two Plus Four Management Inc. of Syracuse is teaming up with the city and Chenango County ARC to build an affordable housing complex with a total 34 apartments comprised of 20 two-bedrooms, eight three-bedrooms, two one-bedrooms, and four town houses to that area.
The $7 million multi-faceted community development project calls for the purchase and demolition of four adjacent dilapidated properties at addresses 5, 5a, 7 and 7a on State Street. In July, the ARC plans to submit an application to New York’s Office of Community Renewal for grant funding through the state agency’s Rural Area Revitalization Program. This funding would be used for the purchase and demolition of the four properties – three of which the city owns.
Negotiations for acquisition are currently underway between the ARC and the holder of the fourth property, which is privately owned.