Local officials and community groups recently celebrated the completion of 645 Main Street, a new affordable housing property in Peekskill, New York. Developed by the Housing Action Council and Wilder Balter Partners, the 82-unit building will be reserved for individuals and households earning between 40 and 80 percent area median income.
The mix of units will include 18 one-bedroom apartments, 50 two-bedroom apartments, and 14 three-bedroom apartments. Tenants will have access to an indoor lounge that connects to an elevated courtyard, a fitness center, a laundry room, and flexible shared spaces that can be used for events or small gatherings.
There will also be a parking garage for 140 vehicles with 30 electric vehicle charging stations.
“This development at 645 Main Street marks the next step in our work to make Westchester County and all of New York State more livable and more affordable,” said New York State Governor Hochul. “By adding diverse, energy-efficient housing options in thriving and transit-friendly cities like Peekskill, we are tackling New York’s housing shortage head on and expanding the possibilities for every family who wants to call New York home.”
The building was designed to meet the requirements of the New York State Energy Research and Development Authority’s Low-rise Residential New Construction program. It is also expected to achieve LEED Gold certification.
Sustainable features include a rooftop solar array, a high-performance building envelope, high-efficiency heating and cooling systems, and low-flow plumbing fixtures. The parking garage also features an underground stormwater infiltration system that retains surface water to reduce the burden on the city’s existing infrastructure.
Total construction costs hover around $51 million. Financing for 645 Main included $8.9 million in permanent tax-exempt bonds, $12.1 million in federal Low-Income Housing Tax Credits, and $12.3 million in subsidy from New York State Homes and Community Renewal.
The construction fulfilled the requirements of the New York State Department of Environmental Conservation’s successful Brownfield Cleanup Program, which resulted in $6 million in tax credits issued by the New York State Department of Tax and Finance. NYSERDA provided $171,990 through the NY Sun Multifamily Affordable Housing Incentive program and is expected to provide an additional $69,200 through Low-rise Residential New Construction Program. Westchester County provided $5.7 million from the Housing Implementation Fund and $2.3 million from the New Homes Land Acquisition Fund.
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Why NY Yimby don’t have insuction on how to obtain a application for these building and phone number to contact these places, make no sense.