{"id":33916,"date":"2022-07-05T12:55:29","date_gmt":"2022-07-05T16:55:29","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=33916"},"modified":"2022-07-05T12:55:29","modified_gmt":"2022-07-05T16:55:29","slug":"genesee-county-gcedc-board-to-consider-application-for-market-rate-senior-housing-in-the-village-of-leroy","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2022\/07\/05\/genesee-county-gcedc-board-to-consider-application-for-market-rate-senior-housing-in-the-village-of-leroy\/","title":{"rendered":"GENESEE COUNTY\/GCEDC Board to consider application for market rate senior housing in the Village of LeRoy"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>$3.72 million investment would create 60 units over various phases of development; board will meet in person for first time post COVID<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Press release<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider an application from Ivy Village Corp. for a $3.72 million investment that would create 20 units of market-rate senior housing in the village of Le Roy at its board meeting on Thursday, July 7, 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To be constructed in three phases, the proposed project is located on 16 acres off Lake Street with easy access to village amenities and is a twenty-minute drive to downtown Rochester.&nbsp; Each phase calls for the construction of 10 duplex residences for a total of 20 units.&nbsp; The first phase building will be approximately 35,312 square feet and the project will create 2 new jobs<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The GCEDC has proactively pursued new housing developments to meet the significant long-term demand for 4,800 new units identified in a 2018 study by LaBella Associates. This effort has been matched by developer interest in growing rental units and single-family homes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHousing is a critical element to our continued economic success and growth for Genesee County,\u201d said GCEDC President and CEO Steve Hyde.&nbsp; \u201cProjects like the proposal from Ivy Village Corp support active seniors who want to transition from their current homes without having to worry about maintenance is in strong demand. This movement has the added benefit of generating single-family housing availability for our workforce.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ivy Village Corp. is seeking approximately $805,000 in mortgage, property and sales tax incentives. The project&#8217;s fiscal impacts (indirect payroll and tax revenues) are estimated at over $3.5 million over the PILOT&#8217;s term, with $6 of local benefits from the project for every $1 of public investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the application is accepted, a public hearing will be scheduled on the proposed financial assistance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The July 7, 2022, GCEDC Board meeting will be held at the MedTech Center\u2019s Innovation Zone, 99 MedTech Drive across the street from Genesee Community College.&nbsp; On-demand recording of the meeting also will be available at&nbsp;<a href=\"http:\/\/www.gcedc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.gcedc.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>$3.72 million investment would create 60 units over various phases of development; board will meet in person for first time post COVID Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider an application from Ivy Village Corp. for a $3.72 million investment \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"https:\/\/videonewsservice.net\/index.php\/2022\/07\/05\/genesee-county-gcedc-board-to-consider-application-for-market-rate-senior-housing-in-the-village-of-leroy\/\">Continue reading<i class=\"crycon-right-dir\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[23,40],"tags":[3157,3158,3159],"class_list":["post-33916","post","type-post","status-publish","format-standard","hentry","category-genesee-county","category-leroy","tag-ivy-village-corp","tag-senior-housing","tag-village-of-leroy"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-8P2","jetpack-related-posts":[{"id":34006,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/07\/08\/genesee-county-gcedc-board-accepts-application-for-market-rate-senior-housing-in-the-village-of-leroy\/","url_meta":{"origin":33916,"position":0},"title":"GENESEE COUNTY\/GCEDC Board accepts application for market rate senior housing in the Village of LeRoy","author":"aka","date":"July 8, 2022","format":false,"excerpt":"$3.72 million investment to build 60 units of market-rate senior housing in three phases Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors accepted an application from Ivy Village Corp. for a $3.72 million investment that would create 20 units of market-rate senior housing\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34797,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/08\/02\/genesee-county-gcedc-board-to-consider-incentives-for-market-rate-senior-housing-in-village-of-leroy\/","url_meta":{"origin":33916,"position":1},"title":"GENESEE COUNTY\/GCEDC Board to consider incentives for market rate Senior Housing in Village of LeRoy","author":"aka","date":"August 2, 2022","format":false,"excerpt":"Press release Board to consider initial application for $17.6 million office & warehouse distribution center in Pembroke BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider final approval for a $3.72 million financial investment by Ivy Village Corp. that would create 20 units of\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34898,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/08\/05\/genesee-county-market-rate-senior-housing-project-in-village-of-leroy-approved-for-incentives\/","url_meta":{"origin":33916,"position":2},"title":"GENESEE COUNTY\/Market rate senior housing project in Village of LeRoy approved for incentives","author":"aka","date":"August 5, 2022","format":false,"excerpt":"Board accepts initial application for $17.6 million office and warehouse distribution center in Pembroke Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors approved incentives for a $3.72 million financial investment by Ivy Village Corp. that would create 20 units of market-rate senior housing\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64263,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/04\/29\/genesee-county-20-new-housing-units-proposed-in-le-roy\/","url_meta":{"origin":33916,"position":3},"title":"GENESEE COUNTY\/20 new housing units proposed in Le Roy","author":"aka","date":"April 29, 2025","format":false,"excerpt":"GCEDC Board to consider residential, logistics projects Press release BATAVIA, NY \u2013 Two projects submitted to the Genesee County Economic Development Center are projected to generate $5.8 million in community benefits. The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution at its May 1\u2026","rel":"","context":"In &quot;LeRoy&quot;","block_context":{"text":"LeRoy","link":"https:\/\/videonewsservice.net\/index.php\/category\/leroy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64321,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/05\/01\/gcedc-board-accepts-application-for-20-more-housing-units-at-le-roys-ivy-village\/","url_meta":{"origin":33916,"position":4},"title":"GCEDC board accepts application for 20 more housing units at Le Roy\u2019s Ivy Village","author":"aka","date":"May 1, 2025","format":false,"excerpt":"By Mike PettinellaFor Video News Service The Genesee County Economic Development Center on Thursday afternoon voted to accept an application from a Batavia developer\u2019s company that is seeking to construct 20 more adult housing units on Lake Street (Route 19) in the Village of Le Roy. The board, which threw\u2026","rel":"","context":"In &quot;LeRoy&quot;","block_context":{"text":"LeRoy","link":"https:\/\/videonewsservice.net\/index.php\/category\/leroy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2025\/05\/20250501_110350-scaled.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2025\/05\/20250501_110350-scaled.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2025\/05\/20250501_110350-scaled.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2025\/05\/20250501_110350-scaled.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2025\/05\/20250501_110350-scaled.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":65040,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/06\/03\/genesee-county-hp-hood-proposes-expansion-at-ag-park\/","url_meta":{"origin":33916,"position":5},"title":"GENESEE COUNTY\/HP Hood proposes expansion at Ag Park","author":"aka","date":"June 3, 2025","format":false,"excerpt":"GCEDC to consider Ivy Village Corp.\u2019s 20-unit housing project Press release BATAVIA, NY \u2013 Two projects submitted to the Genesee County Economic Development Center are projected to generate $9 million in community benefits. The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution at its\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/33916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/comments?post=33916"}],"version-history":[{"count":2,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/33916\/revisions"}],"predecessor-version":[{"id":33918,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/33916\/revisions\/33918"}],"wp:attachment":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/media?parent=33916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/categories?post=33916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/tags?post=33916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}