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Yonkers, County, State and Federal Governments Join Mulford Corporation to Celebrate Grand Opening of La Mora Affordable Senior Home

Yonkers, County, State and Federal Governments Join Mulford Corporation to Celebrate Grand Opening of La Mora Affordable Senior Home

The project is one of the few affordable housing projects A nation that uses energy-efficient passive house designs

YONKERS, New York– (July 9, 2024) – Representatives from the City of Yonkers, New York State, Westchester County, the U.S. Department of Housing and Urban Development, and NYS Homes and Community Renewal gathered today with Mulford Corporation to celebrate the grand opening of La Mora Senior Housing, one of the few social housing projects in the country to utilize an energy-efficient Passive House design in a modular construction format.

Located at 23 Mulberry Street in the Hollow neighborhood of South Yonkers, the four-story, $48 million building has 60 energy-efficient, affordable apartments for seniors. La Mora Senior Housing was built by the nonprofit Mulford Corporation.

Passive house design is a voluntary energy efficiency standard that results in very low-energy buildings that require little energy to heat or cool their spaces. It is estimated to achieve energy savings of 40 to 60 percent compared to conventional building design.

“The grand opening of this beautiful new senior community is another example of how the City of Yonkers and Mulford Corporation are working together to revitalize our neighborhoods with affordable, high-quality housing. We applaud the sustainable Passive House design incorporated into the construction, which aligns with the City’s Climate Action Plan for Sustainable Growth,” said Mayor Mike Spano.

“Mulford Corporation is incredibly grateful for the financial support La Mora has received at every level of government from the city, county, state and federal governments. Enabling Yonkers seniors to age in place in the most resilient housing possible was clearly a shared vision,” said Wilson Kimball, president of Mulford Corporation.

Commissioner of Homes and Community Renewal RuthAnne Visnauskas said, “It is very gratifying to see this $48 million project up and running, just two years after groundbreaking. This project brings 60 affordable, energy-efficient homes to Yonkers and is a testament to how we value and respect our seniors. Our thanks to Governor Hochul, the City of Yonkers, Mulford Corporation and our many partners and trade representatives who worked with HCR to make this a reality and help us provide the types of housing options that allow more New Yorkers to remain in the communities and neighborhoods they love.”

“La Mora Senior Apartments will ensure that more low-income seniors in Yonkers will have safe, sustainable, and affordable housing options with the services they need. This investment not only addresses the housing needs of our aging population, but also sets the standard for energy efficiency and environmental responsibility. By integrating advanced design and construction standards, we are ensuring that our seniors can enjoy comfortable, safe, and modern homes while contributing to a greener future. I am proud to lead a State Senate dedicated to creating more affordable housing, from approving over $26 million in state funding for this project to the historic housing plan enacted in the 2025 State Budget,” said NYS Senate Majority Leader Andrea Stewart Cousins.

“HUD’s core mission is to improve lives and strengthen communities. La Mora Senior Apartments accomplishes both goals. It will provide seniors with safe, comfortable, and sustainable housing while also revitalizing the Yonkers Hollow neighborhood. I am thrilled and proud of HUD’s contribution to funding this project and congratulate our partners for helping to make this much-needed and important housing development a reality,” said Alicka Ampry-Samuel, HUD Regional Administrator.

“We are proud to support Mulford Corporation in delivering 60 new affordable senior housing units in Yonkers. This project will be life-changing for tenants who now have access to sustainable housing with the essential amenities and resources they need to grow and thrive,” said Sharmi Sobhan, Managing Director, Chase Community Development Banking.

Financing for La Mora Senior Housing includes $17 million in permanent tax-exempt bonds, federal low-income housing tax credits that will generate $17.7 million in equity, and a $9.1 million grant from New York State Homes and Community Renewal. NYSERDA provided $240,000, Westchester County provided $3.4 million from the Housing Implementation Fund, and the City of Yonkers provided $1,615,000 in HOME funds. Mulford Corporation provided a $2.6 million loan.

Designed by Perkins Eastman, the apartments feature low-flow plumbing fixtures, Energy Star appliances, individual high-efficiency electric heating and cooling, and LED lighting. The building has a high-efficiency shell, double-pane insulated windows, and a central heating and hot water system. A backup generator will ensure that the building’s systems remain operational in the event of a power outage.

In addition to energy-saving features, other amenities include a common room with kitchen, two business rooms, a fitness center, central laundry, WIFI throughout the building, storage lockers, a landscaped courtyard and a rooftop terrace.

La Mora Senior Housing was featured at a national panel discussion in Washington, D.C. on June 7 to raise awareness of innovative and affordable housing designs and technologies. The program was attended by more than 4,000 people, including policymakers, housing industry representatives, media and the general public.