
Petoff
Garden Apartments I |
The Fulton County
Community Heritage Corp. (FCCHC) began as a committee of the
Fulton County Economic Development Corp. in the 1980's, and
was incorporated as a separate, private, not-for-profit corporation in
December of 1988.
Over the years, FCCHC
has had a pronounced positive impact upon Fulton County through a
variety of programs and projects which have brought more than $8
million into the local economy and improved housing conditions for
over 400 households.
FCCHC activities have
included programs providing financial assistance for housing
rehabilitation and home repair, a program of down payment and closing
cost assistance for first-time home buyers, a loan program to promote
downtown revitalization, the new construction and management of 64
apartments for occupancy by senior citizens and technical assistance
to local municipalities.
FCCHC is one of more
than 50 rural preservation companies in the state funded through the
Rural Preservation Program administered by the New York State Division
of Housing and Community Renewal.
Since 1988, housing
rehabilitation and home repair activities have been the
corporation's primary focus. FCCHC has administered and completed a
number of programs providing housing rehabilitation assistance in
Fulton County. These programs include: two programs totaling $800,000 in the Town of
Mayfield, three programs in the town of Ephratah totaling $1,60,60, one
program in the Town of Johnstown for $140,000, two programs in the Town of Stratford
for $800,000, three countywide programs totaling over
$1,000,000, two programs totaling $1,200,000 in the Town of Caroga, two
programs in the Town of Oppenheim for $860,660 and a program in the
Town of Bleecker for $370,000.
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These programs have
resulted in improvements to more than 400 housing units. In addition, FCCHC has administered more than $300,000 in funds under the
NYS RESTORE
Program that
resulted in emergency repair to 107 units occupied by lower-income
elderly households.
Another area where FCCHC
has had a local impact is in the development of housing for
lower-income elderly households. The Petoff Garden Apartments I and
II projects sit in a picturesque campus-like setting in the Town of
Mayfield. Petoff I contains 41 units and was completed in 1992 at a
cost of $2.1 million. Petoff II contains 24 units and was completed in
early 2000 at a cost approaching $2 million. Both projects are managed
by FCCHC.
FCCHC has also administered
both
the Fulton County and City of Gloversville Affordable Home Ownership Programs, which have helped
18 families to become first-time homeowners through the provision of
down payment and closing cost assistance.
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