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IDA extends option agreement for 1205 Plymouth Ave Arbor senior housing project
Summary
The Chemung County IDA approved a 12-month extension of an option agreement for the Arbor development at the former Brookside Trailer Park to allow the developer to reapply for low-income housing tax credits and amend its site plan.
The Chemung County Industrial Development Agency on Aug. 14 approved a 12-month extension of an option agreement for the Arbor development at 1205 Plymouth Ave, the site of the former Brookside Trailer Park.
Staff reported the developer's first application for New York State low-income housing tax credits was not approved this cycle; the developer ranked fourth and three awards were made. The…
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