• Glens Falls, NY
• 313 units
• Completed 2023
• WBP Development

Duvernay + Brooks partnered with the Glens Falls Housing Authority (GFHA) and WBP Development to redevelop a 306-unit public housing portfolio into 313 units across four sites in Glens Falls and Hudson Falls, New York.

This project marked the first instance in New York State in which an entire housing authority portfolio was financed as a single RAD/LIHTC/tax-exempt bond transaction.

Key components include the rehabilitation and RAD conversion of three senior housing buildings (259 units) and demolition and replacement of Larose Gardens with 54 new family units

The rehabilitated senior towers were 40–50 year old, fully-occupied buildings. Renovation work included:

• Full replacement of building systems (plumbing, heating, and electrical)
• Asbestos abatement while maintaining occupied units
• Façade replacement for one building, and façade and structural rehabilitation for the others
• Complete apartment upgrades (all new kitchens and bathrooms, new flooring, baseboards, lighting, doors and trim)
• Community spaces modernized to include kitchens, fitness areas, and computer rooms.
• All units were designed to meet NYSERDA and ENERGY STAR standards.

The project was completed in 2023 and financed through HFA bonds, 4% LIHTC, and HCR subsidies. Citi Community Capital provided the construction period letter of credit and Regions Bank is the Housing Tax Credit investor. The Washington/ Warren Counties Industrial Development Agency aided through a sales tax exemption and NYS Energy Research & Development provided incentives to support energy efficient design. All work was completed in accordance with Davis-Bacon wage requirements.

<< St. James Terrace

Prospect Plaza >>