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Real Estate
New Development With Over 100 Affordable Apartments Completed In Westchester
Construction of an all-new six-story apartment building in Westchester with more than 100 affordable units has been completed with help from New York state officials. The grand opening of Summit on Hudson, located in Yonkers just a half-mile from the city's Metro-North train station, was celebrated by city and state officials on Tuesday, July 16. The new building, developed by Wethab and built as part of New York Gov. Kathy Hochul's $25 billion comprehensive Housing Plan to create and preserve 100,000 affordable homes throughout the state, contains 113 affordable apartments…
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These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding
More than a quarter billion dollars in federal and state funding will go toward addressing New York’s housing crisis. Over $260 million has been awarded to 29 housing developments across the state through tax credits and subsidies meant to create or preserve over 1,800 affordable and sustainable homes, Gov. Kathy Hochul announced Monday, March 18. The projects will upgrade and modernize public housing and further local economic development initiatives, according to the governor’s office. Each one includes sustainable features meant to advance the state’s climate goals. “The only way to add…