The planned Stone Quarry Apartments on Spencer Road in Ithaca has received final financing from New York State to move forward.
Ithaca Neighborhood Housing Services made the announcement Friday with the hopes of construction beginning sometime later this year.
The city has already given the 35-unit apartment complex approval, but developers still needed funding from the state in order to move forward.
City council members, and members of the community, have expressed concerns over zoning and traffic problems in the area.
Joseph Bowes, a senior real estate developer with INHS, says they believe the project will make the neighborhood safer.
“The city has committed to looking at the street and intersection and coming up with a away of redesigning it to try and make it safer for pedestrians and vehicles,” Bowes said.
Bowes said they hope to begin construction of the apartment complex at the end of September.