News Release

 

For More Information:

William R. Steinhaus
Dutchess County Executive
(845) 486-2000
countyexec@co.dutchess.ny.us

Anne Saylor, Housing Coordinator
Dutchess County Planning and Development
(845) 486-3600 cdhousing@co.dutchess.ny.us

For Immediate Release

March 18, 1999

 

1999 Affordable Housing Awards Announced

 

Poughkeepsie - Dutchess County Executive William R. Steinhaus has announced $774,000 in awards under the County's 1999 HOME Investment Partnership Program. The purpose of the HOME program is to provide development subsidies to assist with the development of affordable housing projects throughout Dutchess County.

Projects where selected through a competitive application process after extensive community outreach regarding the availability of funds. Two projects and three programs were funded in this application cycle. All units created under this program must be occupied by low and moderate income households.

Christmas-in-April* Dutchess County received $27,000 to assist with the rehabilitation of 19 owner-occupied properties in northwestern Dutchess County. Wilder Balter Properties, a private developer, was awarded $250,000 for the adaptive reuse of a former nursing home in Hyde Park into 82 units of affordable senior citizen housing.

The county has also continued its commitment to the revitalization of the city of Poughkeepsie by setting aside $230,000 for the City's property rehabilitation program targeted at revitalizing deteriorated properties throughout the City. This program is administered by the City of Poughkeepsie.

"It is wonderful that we will be receiving $230,000 to rehabilitate our deteriorating properties," said Poughkeepsie Mayor Colette Lafuente. "It is essential that people live in improved homes. This will help many individuals achieve this."

The balance of the County's funds, $138,000, have been set aside for a Rental Rehabilitation program to assist with the rehabilitation of rental properties throughout Dutchess County. A required 15 percent of the allocation, $129,000, has been set aside for projects to be completed by Community Housing Development Organizations. These funds will be distributed through a separate application cycle. Ten percent of funds, $86,000, are used for the administration of the program.

Applications for the 2000 HOME funding round will be available beginning July 1999 with applications due in late September 1999. For more information on the HOME Program, contact Anne Saylor, Housing Coordinator, (845) 486-3600.


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