Lewisboro Affordable Housing Project Gets $5.2M in State Funding

LEWISBORO, N.Y. – New York State has awarded $5.2 million to develop the Lewisboro Commons, a 46-unit apartment complex that is currently under review by the town’s Planning Board.

According to Governor Cuomo’s office, the funds come from the New York State Homes and Community Renewal. In total, the state awarded $37.2 million to seven affordable housing developments in the Mid-Hudson Valley that will create or preserve 486 affordable homes.

The 46-unit Lewisboro Commons, proposed for 35 acres off Route 22, is being developed by Wilder Balter Partners. The project will receive about $1 million in low-income housing tax credits and $4.2 million from the state’s Housing Trust Fund program.

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According to the state, “The [46]-apartment development will accommodate families and individuals in a residential neighborhood with many outdoor amenities. The development is close to a main thoroughfare and the Metro North Goldens Bridge train station, providing direct access to multiple areas of employment. Lewisboro Commons is being built in an area that has low poverty, access to good jobs, and is served by high-performing schools.”

Town Supervisor Peter Parsons applauded the announcement.

“I have made it patently clear to Lewisboro that I am wholeheartedly in favor of affordable housing,” Parsons said. “It allows children [to] attend first-class schools who may not otherwise be able to go. It also allows parents on fixed incomes to live near their children.”

State Sen. Terrence Murphy said affordable housing is a worthwhile investment.

“Everyone deserves to have a place they can call home, regardless of their income,” Murphy said. “Affordable housing is a sound investment in New York’s future. The addition of these new units can increase education and employment opportunities and have a positive fiscal impact on state and local governments.”

A continuation of the public hearing scheduled for May 15 was canceled by severe thunderstorms that felled dozens of trees and knocked out power to thousands of homes. The Planning Board is slated to hear one more round of public comments before closing the hearing to deliberate and workshop the plan. The board’s next meeting is June 19.

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