BLD Properties Honored for Excellence in Green Building Practices Published Date: Tue Oct 7

Introduction

BLD Properties, in collaboration with Jubilee Homes, is proud to announce the advancement of the 680 South Ave development—a project that represents more than just new construction. It is a promise to deliver affordable, high-quality housing while strengthening the economic and cultural fabric of Syracuse’s South Ave community.

The 680 South Ave initiative will bring 51 new units of mixed-income housing, designed to meet the needs of families and individuals across different income levels. This development is located in the heart of the South Ave Economic Development Corridor, an area that is undergoing thoughtful revitalization.

With an anticipated investment of $28 million, including $17.5 million in equity, the project is positioned to become a cornerstone of community transformation. Applications for Low-Income Housing Tax Credits (LIHTC) are planned for Summer 2025 through the New York State Office of Homes and Community Renewal.

Community Impact

• This project is not simply about providing housing; it’s about building opportunity and stability:
• Affordable Housing Access: Expanding options for residents who might otherwise struggle with rising housing costs.
• Economic Growth: Stimulating the local economy by creating construction jobs and attracting new investment.
• Partnership-Driven: Developed alongside Jubilee Homes, a respected nonprofit that supports workforce, business, and youth training initiatives.

Together, these efforts will contribute to lasting community wealth building and stronger neighborhood connections.

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James Smith is a passionate advocate for sustainable living and a lifestyle expert with a focus on eco-friendly products. With over 8 years of experience in the green product industry, he is dedicated to helping others make mindful choices that benefit both their health and the planet.