{"id":47511,"date":"2023-10-06T11:39:02","date_gmt":"2023-10-06T15:39:02","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=47511"},"modified":"2023-10-06T11:39:02","modified_gmt":"2023-10-06T15:39:02","slug":"genesee-county-gcedc-board-of-directors-advance-proposed-market-rate-housing-development-in-pembroke","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2023\/10\/06\/genesee-county-gcedc-board-of-directors-advance-proposed-market-rate-housing-development-in-pembroke\/","title":{"rendered":"GENESEE COUNTY\/GCEDC Board of Directors advance proposed market-rate housing development in Pembroke"},"content":{"rendered":"\n

Countryside Apartments LLC proposes $15.65 million development with 96 market-rate apartments planned over four phases
<\/strong><\/p>\n\n\n\n

Press release<\/p>\n\n\n\n

BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors
advanced an initial resolution for Countryside Apartments LLC\u2019s proposed development adding
96 market-rate apartments across four phases at its board meeting on Thursday, October 5th,
2023.
<\/p>\n\n\n\n

The $15.65 million project will be located at 8900 Alleghany Road in the town of Pembroke,
with each of the four planned buildings having eight 1-bedroom and 16 2-bedroom units.
The project aligns with Genesee County\u2019s recognized demand for market-rate housing. A
housing study identified that 4,800 units are needed in the next 20 years across single-family
homes and rental units to support population and business growth in Genesee County,
including over $1 billion of investment and over 600 careers announced by projects at the
nearby Western New York Science & Technology Advanced Manufacturing Park
<\/p>\n\n\n\n

Countryside Apartments, LLC has requested assistance through a sales tax exemption estimated
at $739,200, a property tax abatement estimated at $2,020,688, and a mortgage tax exemption
estimated at $130,000. For every $1 of public benefit, the company is investing $5 into the local
economy.
<\/p>\n\n\n\n

A public hearing for the proposed project agreements will be scheduled in the town of
Pembroke.<\/p>\n","protected":false},"excerpt":{"rendered":"

Countryside Apartments LLC proposes $15.65 million development with 96 market-rate apartments planned over four phases Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directorsadvanced an initial resolution for Countryside Apartments LLC\u2019s proposed development adding96 market-rate apartments across four phases at its board meeting on \u2026<\/p>\n

Continue 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