Municipal Housing Partnership
Town of Cortlandt, Westchester
40 townhomes constructed on privately owned land in
the Town of Cortlandt.
site was a failed market rate development which a private developer, Balter Properties,
purchased and redeveloped as affordable housing. The site originally contained
six incompleted units which Balter Properties completed, in addition to the construction
of 34 new units.
homes were marketed on a priority basis to preference groups determined by the
Town with an affordability period by the Town with an affordability period of
Creek provided an excellent opportunity for citizens in our area to purchase their
first home. This success was a partnership of both public and private sectors
working together. We have used the Housing Action Council for marketing, qualifying
buyers, and now managing re-sales of this small affordable housing project in
our Town, so we are aware of the fine quality of their professional staff."
Puglisi, Town Supervisor
Provided by HAC:
a homebuyer's workshop, prepared and distributed flyers, etc. to assist the Town
in marketing the development to the targeted households.|
applied for, and obtained, a $1.0 million grant from the NYS Affordable Housing
assistance in marketing to prospective purchasers.|
the Town to qualify and select prospective purchasers.|
assistance with the management of re-sales. |