Tag:

Affordable Housing

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…
Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units
Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units City officials in Westchester have approved financial incentives for a $458 million mixed-use residential complex that will include several affordable apartments within its two towers.  Financial incentives for the Teutonia Hall project, a mixed-use residential complex planned to feature two luxury 41-story towers in Yonkers at 4 Buena Vista Ave., were approved by the Yonkers Industrial Development Agency on Thursday, Feb. 29.  The project, which will be constructed in two phases, will include a total of 906 apartments, 91 of which will be affordable. Additionally, the comple…
Take Look Inside: Westchester's First Cannabis Dispensary Celebrates Opening Take Look Inside: Westchester's First Cannabis Dispensary Celebrates Opening
Take Look Inside: Westchester's First Cannabis Dispensary Celebrates Opening The first cannabis dispensary in Westchester is now open for business and is looking to become an integral part of its community. Elevate Cannabis Dispensary, located in Mount Vernon at 127 South Terrace Ave., held its official grand opening celebration and ribbon-cutting ceremony on Tuesday, Feb. 20. Earlier Report - Westchester's First Cannabis Dispensary To Hold Official Grand Opening In Mount Vernon The event was attended by officials from the New York State Office of Cannabis Management as well as Mount Vernon Mayor Shawyn Patterson-Howard and City Comptroller Darr…
Westchester Sets Aside $5.7M For Land To Build Affordable Housing On: Here's Where Westchester Sets Aside $5.7M For Land To Build Affordable Housing On: Here's Where
Westchester Sets Aside $5.7M For Land To Build Affordable Housing On: Here's Where Westchester County officials have allocated $5.7 million to purchase land that will be used for planned affordable housing construction projects.  The allocations were made official by Land Acquisition Acts signed by Westchester County Executive George Latimer, county officials announced on Wednesday, Feb. 7. Under the acts, $2.7 million was set aside for the purchase of land in Yonkers, while $3 million was allocated for the purchase of land in the Village of Ossining. Both properties will be used for the construction of affordable housing that will be marketed and leased to…
Breaking Ground: New Development With Affordable Units Under Construction In Westchester Breaking Ground: New Development With Affordable Units Under Construction In Westchester
Breaking Ground: New Development With Affordable Units Under Construction In Westchester A new residential development that will include several new affordable units is now under construction near the heart of a Westchester County city.  A ground-breaking ceremony for a new residential project at 8 Chester Ave. in White Plains, developed by the Keeler Markwood real estate firm, was held on Wednesday, Nov. 1, with White Plains Mayor Thomas Roach in attendance.  The upcoming four-story development will contain 74 rental units, including nine affordable residences. The building will also offer 75 kilowatts of solar electric generation on its roof; several electric vehicl…
$473.7M 2024 Capital Budget Proposed In Westchester: Here's Where Funding Will Go $473.7M 2024 Capital Budget Proposed In Westchester: Here's Where Funding Will Go
$473.7M 2024 Capital Budget Proposed In Westchester: Here's Where Funding Will Go Westchester County Executive George Latimer has unveiled his proposed 2024 Capital Budget, which requests $473.7 million in new appropriations.  The proposed budget, announced by Latimer on Tuesday, Oct. 17, includes investments in affordable housing, infrastructure for electric vehicles, parkway rehabilitation, bridges, roads, and flood mitigation.  The budget will now be reviewed by the Westchester Board of Legislators. "Our 2024 Capital Budget, the sixth of its kind under our stewardship, paves the way for a brighter tomorrow. With investments in affordable housing, electric v…
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 …
This NY Locale Tops List Of Safest Cities In America, Report Says This NY Locale Tops List Of Safest Cities In America, Report Says
This NY Locale Tops List Of Safest Cities In America, Report Says When it comes to that list of must-haves for a new home, not many amenities rank higher than peace of mind. Fortunately for New Yorkers, you won’t have to look far to find it as the safest city in America is right in our backyard, according to a new ranking. Glens Falls in Warren County topped Rocket Mortgage’s “15 Safest Cities In The US” for 2023. The company came up with the ranking after looking at violent and property crime data around the country from the FBI, as well as other factors like population, median household incomes, and home prices. Glens Falls boasts a violent crime ra…
First LGBTQ+ Friendly Affordable Housing Development Approved In Westchester First LGBTQ+ Friendly Affordable Housing Development Approved In Westchester
First LGBTQ+ Friendly Affordable Housing Development Approved In Westchester An all-new affordable housing complex meant to provide a safe space for LGBTQ+ Westchester residents has been approved by the county's government, officials said.  Court Street Residences, a new affordable senior housing development that will be located in White Plains at 143 Grand St., was approved by the Westchester County Board of Legislators in a 17-0 vote on Monday, April 17.  The project, which will consist of at least 140 residential units for people aged 55 and older and will be built by a corporation formed by HANAC, Inc. and Monadnock Development LLC, had …
Tax Exemption Given To Office, Retail, Apartment Development In Westchester Tax Exemption Given To Office, Retail, Apartment Development In Westchester
Tax Exemption Given To Office, Retail, Apartment Development In Westchester Westchester officials are considering financial incentives for several major affordable housing and retail developments in the county that are expected to generate commercial activity.  During their meeting on Friday, Feb. 24, the Westchester County Industrial Development Agency (IDA) voted for the final and preliminary approval of financial incentives for two major developments in Downtown White Plains and began consideration of tax exemptions for a third, the agency announced in March.  The agency voted on the final approval of $481,562 in additional sales tax exemptio…
New Poll Reveals How NY Voters Think Gov. Hochul Is Doing Months Into First Full Term New Poll Reveals How NY Voters Think Gov. Hochul Is Doing Months Into First Full Term
New Poll Reveals How NY Voters Think Gov. Hochul Is Doing Months Into First Full Term New York Gov. Kathy Hochul’s approval rating dipped slightly in the second month of her first full term in office, according to a brand-new poll. Among the state’s registered voters, Hochul holds an approval rating of 56 to 40 percent, compared to 56 to 36 percent in January, according to a Siena College poll released Monday, Feb. 27. Hochul’s favorability also dipped slightly to 46 to 43 percent, from 48 to 42 percent in January, the poll found. When asked which issues state lawmakers should focus on, 36 percent of voters said crime, followed by cost of living at 27 percent, and afford…
How'd She Do? New Poll Reveals How Voters Think Gov. Hochul Fared On 2022 Policy Goals How'd She Do? New Poll Reveals How Voters Think Gov. Hochul Fared On 2022 Policy Goals
How'd She Do? New Poll Reveals How Voters Think Gov. Hochul Fared On 2022 Policy Goals As the year comes to a close, voters are revealing whether they think Gov. Kathy Hochul met her policy goals for 2022, and the feedback isn’t great. A majority or strong plurality said Hochul did not make progress on six of the policy goals that she laid out at the beginning of the year, according to a Siena College poll.  Among those goals were making communities safer, enhancing trust in state government, and transforming SUNY into the “envy of the nation.” Hochul also said she wanted to increase the availability of quality medical care and create conditions for businesses to succe…
Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments
Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments Construction of a $650 million mixed-use development that will include 860 new apartments has started at the site of a former mall in Westchester County.  The groundbreaking of the Hamilton Green development in White Plains, located at the site of the old White Plains Mall at 200 Hamilton Ave., was held on Thursday, Dec. 8, according to RXR, a developer behind the project along with the Cappelli Organization.  The mall, which opened in 1972, was demolished in August 2022 to make way for the new project, which will consist of four mixed-income multifamily buildings, RXR o…
45-Unit Apartment Building Proposed In Downtown Chappaqua 45-Unit Apartment Building Proposed In Downtown Chappaqua
45-Unit Apartment Building Proposed In Downtown Chappaqua A new 45-unit apartment building that would also include retail space is being proposed for a downtown area in Northern Westchester.  The mixed-use building would be located in downtown Chappaqua at 50 North Greenley Ave., the site of a former Rite Aid, according to Chappaqua Town Supervisor Lisa Katz.  Katz said the current proposal includes: 45 studio, one-bedroom and two-bedroom apartment units, 12% of which would be affordable housing units; A new diner with indoor and outdoor seating; A net zero-carbon building with green space and decreasing impervious surfaces; …
Developer Closes Deal On 203-Unit Mixed-Income Housing Parcel In Westchester County Developer Closes Deal On 203-Unit Mixed-Income Housing Parcel In Westchester County
Developer Closes Deal On 203-Unit Mixed-Income Housing Parcel In Westchester County A major real estate developer has closed on the purchase of a fully-entitled parcel in Westchester County that is planned to be a mix of rental housing, retail space, and community facilities. The Hudson Companies (Hudson) acquired a parcel in Port Chester located at 27-45 North Main St. (Route 1) and 28 Adee St. that will be developed into 203 mixed-income residential units in addition to commercial space, according to an announcement by the company from Wednesday, Nov. 9.  The future development, which has not yet been named, will feature a mix of studio, one-bedroom, and t…
Construction Of 477-Unit Apartment Tower In Westchester To Begin Construction Of 477-Unit Apartment Tower In Westchester To Begin
Construction Of 477-Unit Apartment Tower In Westchester To Begin Work on a new 477-unit apartment complex in Westchester County will soon begin.  The new complex, to be located in New Rochelle at 500 Main Street (Route 1), will contain apartments ranging from studios to two-bedroom homes, as well as a fitness center, lounge, pool, roof deck, and on-site parking, according to New Rochelle city officials.  The building will be a 26-story tower, according to Niles Bolton Associates, an architecture firm that worked on the project.  119 of the new apartments are also planned to be affordable units, with 20 apartments available to residents ea…
Construction Starts On $44M Housing Development In Westchester Construction Starts On $44M Housing Development In Westchester
Construction Starts On $44M Housing Development In Westchester Construction is now underway on a $44 million housing development in Westchester County. Gov. Kathy Hochul announced that the groundbreaking for the La Mora Senior Apartments in the Hollow neighborhood of South Yonkers took place on Wednesday, Oct. 12. The four-story building will be constructed on a property acquired by the Municipal Housing Authority of the City of Yonkers, officials said.  TODAY at 2pm join our Facebook Live Town Hall where we will break ground on our new La Mora project 👷‍♀️👷‍♂️ The project will create 60 new affordable housing apartments for low-income seniors and…
Westchester County Executive Shares Details Of Proposed 2023 Budget Westchester County Executive Shares Details Of Proposed 2023 Budget
Westchester County Executive Shares Details Of Proposed 2023 Budget Westchester County Executive George Latimer announced the details of his 2023 proposed capital budget, which requests $662.5 million in new appropriations. Latimer said in an announcement on Thursday, Oct. 13, that he submitted the 2023 Capital Budget to the Westchester County Board of Legislators for review. He said the budget includes investments in affordable housing, electric vehicles, recreational facilities, flood mitigation projects, and more. "Many of the projects in this budget focus on the environment and sustainability including the investment in electric vehicle infrastruc…
New Polls Shed Light On Race In Redrawn Congressional District Representing Much Of Westchester New Polls Shed Light On Race In Redrawn Congressional District Representing Much Of Westchester
New Polls Shed Light On Race In Redrawn Congressional District Representing Much Of Westchester New York Congressman Sean Patrick Maloney is enjoying a comfortable lead over State Sen. Alessandra Biaggi in the battle to be the Democratic nominee for the newly redrawn 17th Congressional District. Two new internal polls reported by POLITICO show Maloney with double digit leads over Biaggi in the primary race, with Maloney’s polling showing him beating her by 34 points, 52 percent to 18 percent. Previous Report: Maloney Faces Primary Challenger In Newly Redrawn District Representing Much Of Westchester However, the second poll, commissioned by Biaggi’s campaign, shows her down by 1…
Former Mayor In Northern Westchester To Run For NYS Assembly Former Mayor In Northern Westchester To Run For NYS Assembly
Former Mayor In Northern Westchester To Run For NYS Assembly A former mayor in Northern Westchester announced his intention to run for a seat in the New York State Assembly. Former Peekskill Mayor Andre Rainey announced that he would run for New York State Assembly in the 95th District to replace longtime Assemblywoman Sandra Galef, who announced she would be retiring after serving two decades in office on Monday, Jan. 10. The 95th district includes parts of Peekskill, Cortlandt, and Ossining in Westchester, as well as Phillipstown and Kent in Putnam County. If elected, Rainey, a Democrat, would be the first African American to ever hold that Assem…
$43 Million Affordable Housing Development Completed In Westchester $43 Million Affordable Housing Development Completed In Westchester
$43 Million Affordable Housing Development Completed In Westchester State officials announced the completion of a $43 million affordable housing development in Westchester County. The Dayspring Campus, a development with 63 affordable and supportive apartments, was completed in southwest Yonkers, according to an announcement from the state. Thirty-seven of the apartments are reserved for homeless families, the state said. "As we move our state forward, we must ensure all New Yorkers have access to secure homes, including the most vulnerable among us," Gov. Kathy Hochul said. "The Dayspring Campus provides both affordable and supportive housing, along with …
$42 Million Affordable, Supportive Housing Project Completed In Hudson Valley $42 Million Affordable, Supportive Housing Project Completed In Hudson Valley
$42 Million Affordable, Supportive Housing Project Completed In Hudson Valley A $42 million project to create affordable and supportive housing for older adults in the Hudson Valley has officially been completed. Vincent's Village in Rockland County has 93 affordable apartments with on-site health and wellness centers for residents aged 55 and older, according to an announcement from New York Gov. Kathy Hochul on Tuesday, Sept. 14. The housing development is located on Convent Road in Nanuet. It has three residential buildings, with affordable apartments for households earning at or below 60 percent of the area median income. The state said support services for res…
Hochul Decides On Lieutenant Governor, Reports Say Hochul Decides On Lieutenant Governor, Reports Say
Hochul Decides On Lieutenant Governor, Reports Say Kathy Hochul has hit the ground running in her opening two days as New York governor, reportedly choosing her top lieutenant a day after taking office. Hochul, who officially took over from former Gov. Andrew Cuomo on Tuesday, Aug. 24, has reportedly tapped State Sen. Brian Benjamin to serve as her lieutenant governor. Benjamin, a Democrat representing Harlem and other parts of Manhattan, was first elected to the State Senate in 2016 and has served two terms. He previously ran for New York City comptroller but lost in the primary in June to City Councilman Brad Lander. Incoming Lt. Gov…
Cuomo Proposes Raising Taxes On Wealthiest NYers Cuomo Proposes Raising Taxes On Wealthiest NYers
Cuomo Proposes Raising Taxes On Wealthiest NYers With New York facing a record-setting $15 billion deficit amid the COVID-19 pandemic, Gov. Andrew Cuomo’s budget proposal includes a potential tax hike for the state’s wealthiest residents. In his budget proposal this week, Cuomo proposed raising taxes on the rich to a combined level of 14.7 percent, which would be the highest state and local tax rate in the nation as New York looks to dig out of the financial hole created during the pandemic. The top tax rate would rise to 10.86 percent, up from 8.82 percent, making it the highest income tax in the nation. It would only impact those making…
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 …
Trump Says Westchester Affordable Housing Policy 'Trying To Destroy Beautiful Place' Trump Says Westchester Affordable Housing Policy 'Trying To Destroy Beautiful Place'
Trump Says Westchester Affordable Housing Policy 'Trying To Destroy Beautiful Place' Westchester was a trending topic on social media this week after President Donald Trump called it “ground zero” in a tirade on low-income housing. Trump took aim at Westchester during an interview on Fox News as he continues his crusade on low-income housing. In 2009 county officials reached an affordable housing settlement in which the county agreed upon for hundreds of affordable housing units in one of the nation’s wealthiest areas. “I know the suburbs,” Trump, who owns the Seven Spring estate in Bedford, said on Fox News. “Westchester was ground zero … okay … what they were trying to d…
Westchester Affordable Housing Expo Coming Soon Westchester Affordable Housing Expo Coming Soon
Westchester Affordable Housing Expo Coming Soon Realtors, mortgage lenders, and others will soon make the trek to the Westchester County Center for the annual Fair and Affordable Housing Expo. Westchester County’s 2020 Fair and Affordable Housing Expo will be held from 11 a.m. to 4 p.m. on Saturday, March 14, at the Westchester County Center in White Plains. County Executive George Latimer said that residents from across the county will have the opportunity to attend the expo, “driving home the message that safe, affordable housing should be a basic right for everyone living in Westchester County.” According to county officials, "throu…
$95M Apartment Complex Planned For Westchester Avenue In White Plains $95M Apartment Complex Planned For Westchester Avenue In White Plains
$95M Apartment Complex Planned For Westchester Avenue In White Plains A $95 million development will replace a parking lot across from a busy office building in the heart of Westchester County's I-287 corridor. The Westchester County Industrial Development Agency (IDA) approved measures to provide financial incentives for the complex that would be constructed at 1133 Westchester Ave. in White Plains. According to the IDA, the complex would be comprised of three separate five-story buildings on a 20-acre site with a total of 303 one- two- and three-bedroom apartments. Of those units, 19 would be deemed affordable. The amenities planned at the site include a …
Westchester IDA To Consider Incentives For $1B In New Projects Westchester IDA To Consider Incentives For $1B In New Projects
Westchester IDA To Consider Incentives For $1B In New Projects The Westchester County Industrial Development Agency is considering granting a series of incentives for three large-scale projects throughout Downtown White Plains that would result in more than $1.2 billion in new developments, as discussed on Friday, March 29. Two of the projects will create 1,674 new multifamily units. The third project will provide 132 independent living units. First on the IDA’s agenda is the proposed White Plains Mall redevelopments, which would feature approximately 860 rental apartment units in multiple buildings with 10 percent marked as affordable. The $600 milli…
Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect
Video: Latimer Speaks Out As Con Ed Natural Gas Moratorium Takes Effect The day Westchester County developers and elected officials have been dreading is here: the Con Edison natural gas moratorium takes effect on Friday, March 15. Last month, Con Edison announced that the demand for new gas has surpassed its limits in southern Westchester, prompting them to stop accepting new customers beginning on March 15. The announcement led to finger-pointing and panic for many Westchester officials and developers with extensive, multi-million dollar projects in the works. There have been public meetings hosted by the Public Service Comm…
NY Times Calls Thornwood An 'Unpretentious Place' Where Neighbors Know One Another NY Times Calls Thornwood An 'Unpretentious Place' Where Neighbors Know One Another
NY Times Calls Thornwood An 'Unpretentious Place' Where Neighbors Know One Another A Westchester hamlet has been recognized as an “unpretentious place” with middle-class roots in a real estate piece by the New York Times. The story also highlights the notion that the 1.1-mile municipality of Thornwood in the Town of Mount Pleasant offers more affordable living options than its pricier Westchester County counterparts. With 4,000 residents, Thornwood  is expected to undergo numerous improvements later this spring and over the next few years in an effort to “revitalize” several Mount Pleasant hamlets, according to Mount Pleasant supervisor Carl Fulgenzi. Goals include m…