The Solar Home Factory in Geneva, NY has been awarded a million-dollar grant from Empire State Development and $1 million in Excelsior Jobs Program Tax Credit towards their factory expansion.
The 108,000 sq ft expansion will require the hiring and training of over 100 new workers and will produce housing modules for multifamily developments across the region.
The company is currently constructing an 87-unit multifamily development in the Town of Geneva.
The company plans to break ground on the new facility in the Fall of 2022.
Tracey Wallace, the company’s CFO, says the company is now focusing exclusively on multifamily developments instead of the small homes it is known for. “There is a real housing need in the Finger Lakes as well as across New York state. By focusing on larger developments we can have a greater impact on the problem,” she said.
We are seeing more single-family modular factories adding multifamily and affordable projects into their production schedule and almost every new factory is producing nothing but projects.
Related Articles:
- Solar Home Factory Begins $8 Million Modular Project In Geneva, NY
- A Vermont Modular Home Builder’s Approach to Affordability
- VERMOD, The Vermont Net-Zero Modular Factory Hits Milestone
The total cost of the expansion is $21M with $17M coming from private sources.
The expanded factory will produce housing modules that are fully completed inside, including electrical, plumbing, drywall, flooring, cabinetry and appliances. These units are then trucked to sites across the region and stacked with a crane.
The factory will eventually be able to produce a complete apartment every 4 hours of operation and every one will be Net Zero energy use, meaning it will produce as much energy as it uses over a year.
Gary Fleisher is Editor in Chief of Modular Home Source. Email at [email protected]
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