Community Capital NY has an impressive record creating 2200 affordable housing units since out 1989 inception, all under the guidance of the same woman: Kim Jacobs. Three cheers from a grateful county and a $3500 check came her way on June 13 when she accepted the Stanley Schear Leadership Award, named for the now-deceased Westchester Senior Housing and Services Coalition chairman.
Community Capital NY under Jacobs’ leadership last year teamed with Westhab to convert the former homeless shelter site at 22 Tarrytown Road in Greenburgh into 28 rental units for working families. Other CCNY projects include assisting Grace Church in White Plains with financing of a homeless shelter and the Croton Housing Network on Symphony Knoll on Mount Airy Road, a senior-restricted residence, with 11 one-bedroom apartments. In April, CCNY completed renovations on a formerly abandoned 1880s Victorian home in Peekskill. “A first-time home buyer, who would not have been able to afford to live in Westchester or own a home, will be moving in shortly.” The Victorian is one of 12 affordable homes renovated as part of Westchester County’s neighborhood stabilization program.
“We cannot think of a more appropriate recipient of the Stanley Schear Award than Kim Jacobs and Community Capital NY,” said Jane Lindau, chairwoman of the senior housing coalition and director of senior housing with HUD-certified Westchester Residential Opportunities Inc. “As a Community Development Financial Institution, CCNY has been an irreplaceable player in the construction of thousands of units of affordable housing in our region.”