The resolution authorizes the County of Westchester to enter into agreements for the purchase and conveyance of real property to create 22 affordable rental units, and to provide funding for infrastructure improvements and construction costs. The goal is to create fair and affordable rental units for low and moderate income families and youth. The resolution also amends a prior resolution to increase the amount of a loan agreement and accepts additional grant funds from the HUD HOME-American Rescue Plan Program.
Details
Subject
Affordable Housing Development
Summary
The resolution authorizes the County of Westchester to enter into agreements for the purchase and conveyance of real property to create 22 affordable rental units, and to provide funding for infrastructure improvements and construction costs. The goal is to create fair and affordable rental units for low and moderate income families and youth. The resolution also amends a prior resolution to increase the amount of a loan agreement and accepts additional grant funds from the HUD HOME-American Rescue Plan Program.