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Westchester County Set to Exceed Affordable Housing Funding Requirements under HUD Settlement

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Westchester County Set to Exceed Affordable Housing Funding Requirements under HUD Settlement

June 03, 2016 - 02:41
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WHITE PLAINS, NY -- The Westchester County Planning Board brought the county one step closer to exceeding the terms of the HUD affordable housing settlement, in part, seven months ahead of schedule.

Under the terms of a controversial agreement with the U.S. Department of Housing and Urban Development, Westchester County is required to fund and obtain building permits for 750 units of affordable housing by December 31, 2016.

Earlier today the 12-member county planning board passed a Fair and Affordable Housing Capital Project Funding Request resolution that recommends funding 58 units. The County Board of Legislators is expected to approve the funding on Monday.

The 58 units include 50 units of new construction, 46 in Goldens Bridge and 4 in Rye Brook and the acquisition of 8 existing units, one each in Katonah, Cortlandt Manor, Thornwood, North White Plains, Pelham Manor, Pound Ridge, Mohegan Lake and Shrub Oak.

The single units are existing units which the county will buy at market rates, make ready and sell at a discount to people who fit guidelines according established under the HUD settlement.

Westchester Planning Commissioner Ed Buroughs did not respond to a request for comment.