{"id":7197,"date":"2018-12-12T10:17:19","date_gmt":"2018-12-12T15:17:19","guid":{"rendered":"http:\/\/videonewsservice.net\/?p=7197"},"modified":"2018-12-12T10:17:26","modified_gmt":"2018-12-12T15:17:26","slug":"orleans-county-holley-keybank-provides-funding-for-holley-gardens-project","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2018\/12\/12\/orleans-county-holley-keybank-provides-funding-for-holley-gardens-project\/","title":{"rendered":"ORLEANS COUNTY\/Holley\/KeyBank provides funding for Holley Gardens project"},"content":{"rendered":"\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"900\" height=\"507\" src=\"https:\/\/www.youtube.com\/embed\/MU6VoBSMKvA?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Press release<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">(Cleveland, Dec. 11, 2018)\u2014 KeyBank Community Development Lending &amp; Investment (CDLI) has provided $21.9 million in total financing to Home Leasing, LLC for the historic preservation and creation of affordable housing in the former Holley High School in Holley, NY. KeyBank provided a $9.9 million construction loan, plus $6.8 million in Low-Income Housing Tax Credit (LIHTC) equity and $5.1 million in Historic Tax Credit (HTC) equity.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Holley Gardens is an adaptive re-use project that will preserve the former Holley High School and transform it into a mixed-use and mixed-income property offering 41 units of housing for low- to moderate-income seniors. There is also 6,080 square feet of planned commercial space leased to the Village of Holley.  The community is located within steps of the local library, restaurants and services. The project breaks ground today in a preservation celebration. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cKeyBank is proud to partner with Home Leasing and Edgemere Development to preserve and transform Holley High School into this mixed-use space,\u201d said Rob Likes, national manager of the CDLI team. \u201cImportantly, the preservation celebration today demonstrates our commitment to making safe and decent affordable housing available in the communities we serve.\u201d <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur mission at Home Leasing is to improve the lives of residents in the communities in which we work,\u201d said Nelson Leenhouts, Chairman &amp; CEO of Home Leasing. \u201cKeyBank\u2019s partnership, along with broad community support will establish Holley Gardens as a welcoming, thriving senior community in the heart of the Village of Holley.\u201d <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Upon completion, there will be a total of 41 multi-family units ranging from studio, one- and two-bedroom apartments targeting seniors at rent levels at or below 30%, 50%, 60% and 80% area median income (AMI) levels. Seven of the units will be available for households where at least one member is a person with a physical disability who will have access to supportive services through the Orleans County Office on Aging. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cKeyBank\u2019s CDLI team is committed to making more affordable housing options available across the country,\u201d said Jaime Tuozzolo, vice president and senior relationship manager on KeyBank\u2019s CDLI team. \u201cThe preservation of local space like the former Holley High School is critically important to this effort. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The local support for this development was impressive. We are honored to celebrate the commencement of Holley Gardens with our partners today.\u201d   <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tuozzolo worked on the financing with Ryan Olman, vice president and senior relationship manager on KeyBank\u2019s CDLI team. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, New York State Homes and Community Renewal has provided a $3.1 million Housing Trust Fund loan, a $1 million Community Investment Fund loan and a total of $668,515 in annual tax credits to support the Holley Gardens project. New York State Empire State Development has provided a $1 million RestoreNY grant. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About Home Leasing, LLC <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rochester-based Home Leasing, LLC specializes in the development, construction and management of apartment communities. Founded in 2006 by veteran real estate developer and former co-CEO and co-Chairman of Home Properties Nelson Leenhouts, the company is owned and operated by three generations of the Leenhouts Family. Home Leasing today employs over 120 people who provide support to or are directly involved in the day-to-day operations of affordable, mixed-income and market rate residential communities across New York, Pennsylvania and Maryland. Home Leasing and Home Leasing Construction became Certified Benefit Corporations (\u201cB Corps\u201d) by the non-profit B Lab in 2017.  B Corps are companies that use the power of business to solve social and environmental problems. B Corp. certification is to business what Fair Trade certification is to coffee or USDA Organic certification is to milk. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About Key Community Development Lending\/Investment <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KeyBank Community Development Lending and Investment (CDLI) helps fulfill Key\u2019s purpose to help clients and communities thrive by financing projects that stabilize and revitalize communities. Experts in complex tax credit lending and investing, Key is one of a handful of affordable housing lenders in the country with a platform that brings together balance sheet, equity, and permanent loan offerings. For its ability to lend to, invest in, and serve its communities \u2013 especially low-to-moderate income communities \u2013 KeyBank has earned nine consecutive \u201cOutstanding\u201d ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Press release (Cleveland, Dec. 11, 2018)\u2014 KeyBank Community Development Lending &amp; Investment (CDLI) has provided $21.9 million in total financing to Home Leasing, LLC for the historic preservation and creation of affordable housing in the former Holley High School in Holley, NY. KeyBank provided a $9.9 million construction loan, plus \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"https:\/\/videonewsservice.net\/index.php\/2018\/12\/12\/orleans-county-holley-keybank-provides-funding-for-holley-gardens-project\/\">Continue reading<i class=\"crycon-right-dir\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":7198,"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":[205,6],"tags":[1394],"class_list":["post-7197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-holley","category-orleans-county","tag-holley-gardens"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-1S5","jetpack-related-posts":[{"id":19591,"url":"https:\/\/videonewsservice.net\/index.php\/2020\/09\/22\/orleans-county-homeless-man-facing-charges-in-holley\/","url_meta":{"origin":7197,"position":0},"title":"ORLEANS COUNTY\/Homeless man facing charges in Holley","author":"aka","date":"September 22, 2020","format":false,"excerpt":"The Orleans County Sheriff\u2019s Office was dispatched to Ogden road in Holley for a reported larceny of a cash box along a roadside stand on September 21, 2020. Approximately five minutes later, deputies were notified of an individual going through vehicles at the Holley Cold Storage. Deputies were at the\u2026","rel":"","context":"In &quot;Orleans County&quot;","block_context":{"text":"Orleans County","link":"https:\/\/videonewsservice.net\/index.php\/category\/orleans-county\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2016\/12\/FB_IMG_1482764165430.jpg?fit=200%2C200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1154,"url":"https:\/\/videonewsservice.net\/index.php\/2017\/05\/08\/orleans-countyholleyparents-arrested-after-allowing-children-to-fight\/","url_meta":{"origin":7197,"position":1},"title":"ORLEANS COUNTY\/Holley\/Parents arrested after allowing children to fight","author":"aka","date":"May 8, 2017","format":false,"excerpt":"Press release The Holley Police Department has made arrests resulting from an investigation involving endangering the welfare of several children. It was determined that several 13 and 14 year old children were involved in a fight and that the fight was supervised and allowed to take place by parents of\u2026","rel":"","context":"In &quot;Holley&quot;","block_context":{"text":"Holley","link":"https:\/\/videonewsservice.net\/index.php\/category\/holley\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2017\/05\/Tina-M.-Krueger.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51178,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/03\/01\/orleans-county-update-partial-building-collapse-in-holley\/","url_meta":{"origin":7197,"position":2},"title":"ORLEANS COUNTY\/Update\/Partial building collapse in Holley","author":"aka","date":"March 1, 2024","format":false,"excerpt":"https:\/\/youtu.be\/5MeszW_h2F8 Video-Interview with Fire Chief Rick Cary with Murray Joint Fire District","rel":"","context":"In &quot;Holley&quot;","block_context":{"text":"Holley","link":"https:\/\/videonewsservice.net\/index.php\/category\/holley\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/snapshot_001.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/snapshot_001.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/snapshot_001.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/snapshot_001.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/snapshot_001.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":755,"url":"https:\/\/videonewsservice.net\/index.php\/2017\/03\/03\/orleans-countysecurity-officer-at-holley-high-school-charged-with-rape-of-teen\/","url_meta":{"origin":7197,"position":3},"title":"ORLEANS COUNTY\/Security officer at Holley High School charged with rape of teen","author":"aka","date":"March 3, 2017","format":false,"excerpt":"Press release On March 3rd, 2017, The Orleans County Sheriff\u2019s Office arrested a Brockport man on multiple charges related to alleged sexual conduct with a female under the age of 17 at the Holley High School. Undersheriff Christopher M. Bourke announced that ADAM C. MESITI, 46, of Brockport, N.Y., was\u2026","rel":"","context":"In &quot;Holley&quot;","block_context":{"text":"Holley","link":"https:\/\/videonewsservice.net\/index.php\/category\/holley\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2017\/03\/3-3-2017-Mug-Mesiti.jpg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2017\/03\/3-3-2017-Mug-Mesiti.jpg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2017\/03\/3-3-2017-Mug-Mesiti.jpg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2017\/03\/3-3-2017-Mug-Mesiti.jpg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2017\/03\/3-3-2017-Mug-Mesiti.jpg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14895,"url":"https:\/\/videonewsservice.net\/index.php\/2020\/03\/16\/orleans-county-albion-holley-police-operational-changes\/","url_meta":{"origin":7197,"position":4},"title":"ORLEANS COUNTY\/Albion\/Holley Police operational changes","author":"aka","date":"March 16, 2020","format":false,"excerpt":"Press release The Albion and Holley Police Departments are changing some of our operations as how we normally function because of the Covid-19 coronavirus. As per the guidelines being implemented by the Center for Disease Control and other federal, state and local authorities, the Albion and Holley Police Departments have\u2026","rel":"","context":"In &quot;Albion&quot;","block_context":{"text":"Albion","link":"https:\/\/videonewsservice.net\/index.php\/category\/albion\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7498,"url":"https:\/\/videonewsservice.net\/index.php\/2019\/01\/15\/orleans-county-holley-retiring-wrestling-coach-john-grillo-honored-on-senior-night\/","url_meta":{"origin":7197,"position":5},"title":"ORLEANS COUNTY\/Holley\/Retiring wrestling Coach John Grillo honored on Senior night","author":"aka","date":"January 15, 2019","format":false,"excerpt":"Coach John Grillo will be retiring as the Kendall-Holley High School Wrestling coach after this year. On Tuesday night the school and community honored Coach Grillo after his 44 years as a wrestling coach, 12 years at Pavilion and 30 years at the Holley School District. Coach Grillo with his\u2026","rel":"","context":"In &quot;Holley&quot;","block_context":{"text":"Holley","link":"https:\/\/videonewsservice.net\/index.php\/category\/holley\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2019\/01\/grillo-still-pic.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2019\/01\/grillo-still-pic.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2019\/01\/grillo-still-pic.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2019\/01\/grillo-still-pic.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2019\/01\/grillo-still-pic.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2018\/12\/Holley-Gardens-still-pic.jpg?fit=640%2C360&ssl=1","_links":{"self":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/7197","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=7197"}],"version-history":[{"count":2,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/7197\/revisions"}],"predecessor-version":[{"id":7200,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/7197\/revisions\/7200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/media\/7198"}],"wp:attachment":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/media?parent=7197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/categories?post=7197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/tags?post=7197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}