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New York State Homes and Community Renewal

News
These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding
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…

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by Michael Mashburn
News
Construction Begins On $60M Affordable Housing Development In Westchester Near Train Station Construction Begins On $60M Affordable Housing Development In Westchester Near Train Station
Construction Begins On $60M Affordable Housing Development In Westchester Near Train Station Work has begun on an all-new $60 million development that will include numerous affordable apartments and commercial space located near a Metro-North train station in Westchester. The upcoming development, called The St. Clair, will be located in downtown Yonkers and will include 76 affordable apartments when it is completed, New York Gov. Kathy Hochul announced on Wednesday, Sept. 27.  These units will be affordable to households earning at or below 80 percent of the Area Median Income, according to Hochul's office.  The specific address of the upcoming development was not …

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by Ben Crnic
News
New Update: Flood, Storm Damage Funds Available To Westchester County Homeowners New Update: Flood, Storm Damage Funds Available To Westchester County Homeowners
New Update: Flood, Storm Damage Funds Available To Westchester County Homeowners Some $3 million in emergency assistance will be made available to eligible homeowners in the Hudson Valley impacted by flooding and recent storm damage. Earlier report - $3M In Flood Relief Funds Set Aside For Hudson Valley Homeowners: Here's Who's Eligible Gov. Kathy Hochul announced on Wednesday, Aug. 9, the funds will provide emergency repair grants to homeowners who suffered damage to their primary residences in Dutchess, Putnam, Rockland, and Westchester counties. This funding is in addition to the $3 million announced by Hochul last month to assist homeowners affected by historic f…

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by Kathy Reakes
News
$3M In Flood Relief Funds Set Aside For Westchester Homeowners: Here's Who's Eligible $3M In Flood Relief Funds Set Aside For Westchester Homeowners: Here's Who's Eligible
$3M In Flood Relief Funds Set Aside For Westchester Homeowners: Here's Who's Eligible As countless Hudson Valley residents work toward recovering from damage caused by severe flooding brought by freak storm events, New York Gov. Kathy Hochul has announced that up to $3 million will be made available to help out eligible homeowners in the region.  The emergency assistance funding, which will offer repair grants to affected homeowners in Westchester, Putnam, Rockland, and Dutchess Counties, was announced by Hochul on Wednesday, Aug. 9.  The funding will help residents repair damage caused by a severe storm system that caused widespread flooding on Sunday, July 9.&nbs…

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by Ben Crnic
News
Construction Starts On New $51 Million Housing Development In Northern Westchester Construction Starts On New $51 Million Housing Development In Northern Westchester
Construction Starts On New $51 Million Housing Development In Northern Westchester Construction has begun on a new affordable housing complex in Northern Westchester with 82 energy-efficient apartments. According to Governor Andrew Cuomo's office, work on the $51 million dollar development in downtown Peekskill at 645 Main Street began on Wednesday, Sept. 9.  The project is a part of his five-year, $20 million dollar affordable housing plan, which began in 2016 and is carried out by New York State Homes and Community Renewal. "Every New Yorker deserves a safe, decent and affordable place to call home," Cuomo said. "This new, energy-efficient development builds upon …

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by Christina Coulter
Real Estate
Chappaqua Crossing Apartments Officially Open Chappaqua Crossing Apartments Officially Open
Chappaqua Crossing Apartments Officially Open New York State Homes and Community Renewal and Wilder Balter Partners announced the completion of a $21 million affordable housing development in the Chappaqua section of the Town of New Castle.  The Chappaqua Crossing development renovated the historic Reader’s Digest headquarters building to create 64 mixed-income apartments. Developed by Wilder Balter, the sprawling campus will include a variety of retail and commercial spaces and is near the Chappaqua Metro-North train station and Saw Mill River Parkway. During a Thursday June 7 ribbon-cutting ceremony, RuthAnne Visnauskas, commissioner…

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by Jon Craig
Business
Lifelong Westchester Residents Welcome Apartments At Reader's Digest Lifelong Westchester Residents Welcome Apartments At Reader's Digest
Lifelong Westchester Residents Welcome Apartments At Reader's Digest Ginny Enright, 85, has lived in Chappaqua for the past 54 years.  Now, Enright is one of the first residents of Chappaqua Crossing Apartments. Her friend of over 50 years just moved in, too. "I was ready to sell my house and not have the responsibilities and it seemed ideal to be able to come here, where I would be in the same town and be able to use the same facilities as I had been using," said Enright, who works at the Chappaqua Public Library. "It's a wonderful addition to the town." Enright added that it's been "fun and exciting" to watch the progress tak…

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by Jon Craig