Municipal Housing Partnership
Cross Street at Tuckahoe Road
City of Yonkers,
Sprain Lake Estate
of Yonkers, Westchester County
22 two and three bedroom units, known as the Cross
Street Condominium, were built on land provided by the City of Yonkers and developed
in accordance with the requirements of the Long Term Plan Order, as amended, entered
in the case of U.S. v Yonkers 80 CIV 6761 (LBS)(SDNY). Flintlock Construction
Company and Westhab of Yonkers, Inc. partnered to develop this project. It is
a mixed income development of which 13 of the 22 homes are affordable to households
with incomes below 100% of the Westchester County median income and sold to beneficiaries
of the Long Term Plan Order.
Housing Action Council, under contract with the City of Yonkers, screened prospective
purchasers in accordance with the court requirements and assisted them through
the home buying process, including securing mortgage loans.
Housing Action Council sponsored the Sprain Lake Estate development which is
also under development under the Long Term Plan Order. It is a 34 unit development
of which 17 units are affordable. The Housing Action Council has secured funding
from the NYS Affordable Housing Corp. and will
purchasers as it has with
the Cross Street Condominium.
Provided by HAC:
the City review projected sales prices and determine their affordability.
the interest of prospective buyers through workshops and meetings.
the process of qualifying prospective buyers.
the agreement of lenders to provide end loans and closing cost assistance.
the relationship between qualified buyers and the developer.
the City at closings.