Poughkeepsie... County Executive William R. Steinhaus has signed agreements which will provide the City of Poughkeepsie $249,439 to create or maintain moderately-priced housing throughout the City of Poughkeepsie. This funding is being provided through the Dutchess County HOME Consortium which the County and City originally formed in 1995 and renewed most recently for the 2007-2009 program years. Dutchess County is the lead agency for the Consortium.
According to County Executive Steinhaus, “The County is pleased to partner with the City to form the Dutchess County HOME Consortium. This Consortium bring additional resources into our community that help existing low and moderate income residents maintain their homes and help create new rental units for our growing workforce. Not only do these funds create and maintain housing, they help support the City’s wider revitalization efforts.”
The funds provided under these agreements will support two City programs: Senior Home Rehabilitation and the Main Street Rehabilitation Program.
The Senior Home Rehabilitation Program provides up to $5,000 in assistance for rehabilitation of senior citizen, owner-occupied properties. This program is limited to households whose income is at or below 80% of the county median income. Under the Senior Program, Dutchess County has provided $96,750 in the past two years which the City has used to renovate 20 units of housing occupied by income eligible seniors. Renovations have included porch repairs, roof replacement, siding and gutters, exterior painting and other general property improvements that correct code violations.
The Main Street Rehabilitation Program will provide assistance to develop quality, affordable rental housing in the Main Street corridor. The agreement with the City provides $219,435 for this program. The rental units created under this program will be affordable to households who make 60% of the county median income or less. Under the Main Street Program the City completed one significant project in 2004, the renovation of three severely deteriorated buildings at 553 and 557 Main Street and 4 North White Street (a building immediately adjacent to the Main Street properties). This project resulted in the creation of 8 new rental units on the 500 block of Main Street. The City’s Main Street Program provided $112,500 towards the completion of this project. The City is currently finalizing revisions to their program and will be announcing the availability of applications shortly.