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NetNews
A project spearheaded by Roger W. Brandt Jr. '80 has been chosen as the
"Best Family Project" in Affordable Housing Finance magazine's 2007
Readers Choice Awards for the Nation's Best Affordable Housing Developments.
Rochester's Cornerstone Group, Ltd., of which Brandt is president, and
Providence Housing Development Corporation won the award for Plymouth Manor
and Carlson Commons, a joint venture project developed in conjunction with
the Rochester Housing Authority between 2003 and 2007. Plymouth Manor and
Carlson Commons was one of 36 developments selected as finalists from
nearly 150 nominations that came in from all regions of the United States;
it is the first project in New York State to win the award.
The 144-unit, $31-million project was a challenging and unique undertaking
on several levels, according to Brandt, who said, "Making a difference
in the lives of so many people by providing quality housing leaves us with
great satisfaction. To be recognized by our peers from across the country
is very nice; however, it is the families we have assisted that really
continue to drive us." The development encompassed 70 sites throughout the
southwest part of Rochester.
According to the magazine, the project was selected based on several
characteristics including its impact on the community by improving the
immediate social or economic fabric; its role in overall community
revitalization or social change; its receiving broad community support,
including state and local government financial assistance; demonstrated
creative problem-solving; and innovative financing.
Rochester's Cornerstone Group, Ltd. is a real estate development firm
specializing in affordable housing development, while also providing
real estate brokerage and environmental consulting services.
Providence Housing Development Corporation is a not-for profit
corporation affiliated with the Diocese of Rochester that specializes
in creating and providing access to quality affordable housing enriched
by the availability of supportive services.
Brandt earned his St. Lawrence degree in
environmental studies/economics,
and has been active as an alumnus, in admissions, fund-raising and
as a past member of the Alumni Executive
Council.
Posted: November 21, 2007
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