DECEMBER 2011 HIGHLIGHTS

CHI and Suffolk County Locked in Battle with Southampton

With the number of homeless families soaring in Suffolk County, Suffolk County Commissioner Greg Blass has drawn a line in the sand against NIMBYism in Southampton.  CHI recently opened a shelter for homeless families at a motel and some of the neighbors and politicians don’t like it.  Read the principled stand the Commissioner has taken…

Hidden Cove served as a shelter when a similar crisis in homelessness occurred a decade ago.

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CHI Awarded $640,000 by New York State for Down Payment Assistance to
Long Island Homeowners

It may be a terrific time to purchase a home with low interest rates and lower prices.  And with CHI’s award from the New York State Affordable Housing Corporation, first time homebuyers may access up to $40,000 in down payment and closing cost assistance.  With new higher income eligibility criteria, you may have income of up to about $90,000 a year, depending upon family size.  To learn how you can access this funding and receive free homebuyer counseling, call 1-866-HUD COUNSELING, or Click Here.

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New Higher Income Limits for $25,000 Grant Released

Family of 4 may earn up to $92,826
Click Here for details.

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Ardsley Waterwheel Project Approved!

On December 5, the Ardsley Village Board gave final site plan approval to the Waterwheel project, a 22-unit affordable condominium to be built on Saw Mill River Road in the village.  The vote was unanimous.

The project includes 17 “fair and affordable” condominiums qualifying under the Westchester County/HUD Settlement, as well as five units designated as “workforce” housing at slightly higher, but still below-market prices with preferences for employees and volunteers of the village.   The estimated prices for the two and three-bedroom affordable units will sell for around $200,000 and the workforce units between $350,000 and $360,000.

Click Here for the video.
For more information on the development, Click Here.

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