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Low-Income Housing Tax Credits

Real Estate
New $18M Housing Complex Brings Affordable Units To Westchester New $18M Housing Complex Brings Affordable Units To Westchester
New $18M Housing Complex Brings Affordable Units To Westchester A new housing complex offering more than two dozen affordable apartments has officially opened in Northern Westchester, officials announced. Maple Commons, an $18 million all-electric development on Maple Street in Croton-on-Hudson, was completed as part of Gov. Kathy Hochul’s statewide housing initiative, which aims to create or preserve 100,000 affordable homes across New York, Hochul announced on Thursday, Feb. 20.  The two-building complex, developed by Regan Development, offers 33 affordable, energy-efficient apartments for residents earning up to 80 percent of the area median inc…

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by Ben Crnic
Real Estate
New $48M Affordable Housing Building Opens In Westchester: Features Ultra-Low Energy Design New $48M Affordable Housing Building Opens In Westchester: Features Ultra-Low Energy Design
New $48M Affordable Housing Building Opens In Westchester: Features Ultra-Low Energy Design Federal, county, and city officials celebrated the grand opening of a new four-story affordable housing building in Westchester that boasts energy-saving features.  The $48 million building, known as La Mora Senior Housing, celebrated its grand opening on Tuesday, July 9 at 23 Mulberry St. in the Hollow neighborhood of South Yonkers.  The project features 60 affordable apartments for seniors and was built by the nonprofit Mulford Corporation.  In addition to giving seniors access to affordable units, the building was also built using Passive House design, a standard for ener…

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by Ben Crnic