ALBANY – Four projects in the Mid-Hudson
Valley have been awarded just under $17.9 million in federal and state
grants and loans to develop affordable housing.
The projects are in Rockland, Orange, Ulster and Dutchess counties.
In Rockland County, the Rockland Housing Action Coalition, Inc. in Nyack
will receive a total of $3.6 million for 33 new units at Nyack Point Apartments.
In Orange County, Occupations, Inc. will be developing 91 units of new
housing in the Town of New Windsor and will receive $3.7 million.
In Ulster County’s Town of Ulster, Gateway Community Industries,
Inc. will receive $5.9 million to develop Ulster Gardens II, 82 new units
of housing.
In Dutchess County, The Kearney Realty & Development Group, Inc. will
receive $4.7 million to build 89 units of housing at The Mews at Hopewell
Junction.
Statewide, over $141 million in awards were announced to build or preserve
2,160 affordable apartments and are expected to leverage more than $469
million.
