Preservation group to manage new apartments in Saratoga Springs
SARATOGA SPRINGS Saratoga County Rural Preservation Co. has been selected by the Saratoga Affordable Housing Group to manage the group’s apartments on Allen Drive in Saratoga Springs.
Until Nov. 1, the Saratoga Springs Housing Authority had managed the group of 15 new apartments and the complex of 25 older apartments.
A.C. “Budd” Mazurek, executive director of the Saratoga County Rural Preservation Co., said his not-for-profit organization based in Ballston Spa will be involved in all aspects of the affordable housing complex.
“We will collect rent, prepare apartments, take care of the grounds and do the maintenance,” he said.
The Rural Preservation Co. and the Affordable Housing Group have agreed on a one-year management contract. The $52,000 contract includes the salary of a part-time facilities manager, maintenance fees and other services such as the collection of rent and handling other financial matters.
“We have experience in property management,” Mazurek said. He said the company maintains two transitional homes for veterans, has subsidized apartments in Wilton and the village of Ballston Spa, and operates the federal government’s Section 8 housing program in many parts of the county.
The Saratoga Affordable Housing Group sought requests for proposals on the management contract, and “We were among several people who responded,” Mazurek said.
Fifteen new apartments on Allen Drive were opened this past summer. The other 25 apartments across the road date from the 1970s.
Mazurek said some of the older apartments have been renovated and his company may renovate more of them.
The whole mission of the Allen Drive apartments is to provide affordable housing to low-income people who work in Saratoga Springs.
“Some low-paid workers can’t afford to live in [Saratoga Springs] or even Saratoga County,” Mazurek said, but the subsidized housing on Allen drive “makes it a little more affordable for these people.”
The management contract between the Housing Authority and Saratoga Affordable Housing Group ended Oct. 31. Employees of the Saratoga Springs Housing Authority, which operates the federally subsidized Stonequist Apartments and the apartments on Jefferson Terrace and Vanderbilt Terrace in Saratoga Springs, decided they could no longer manage the Allen Drive properties.
The Housing Authority employees said they often did work at the Allen Drive apartments as volunteers on their own time. They said they also conducted fundraising events for the affordable housing group.