34 New Rental Units, Traffic Safety Improvements Get Go-Ahead
PORT CHESTER, NY and WHITE PLAINS, NY — November 2, 2018 — A plan to build 34, affordable rental apartments for seniors in Port Chester is moving forward after the Board of Legislators approved funding for the development by a unanimous vote Monday night.
The development at 25 South Regent Street in Port Chester will be a four-story building with 31 one-bedroom units, 3 two-bedroom units, a fitness center, a community room, a patio, a deck and 77 on-site parking spaces. The apartments will be available to seniors 62 and older with incomes that are 50-60% of Westchester’s area median income, and will remain affordable for at least 50 years.
On Monday the Board approved $3 million for the acquisition of the land — which will then be transferred to the developer, Regent Sawpit Holdings, LLC — as well as $1.3 million for infrastructure improvements in the area, including changes to the nearby intersection of Westchester Avenue and South Regent Street.
Legislator Nancy Barr (D – Harrison, Port Chester, Rye Brook) said, “Partnering with municipalities to address community needs is the best way to leverage county funds for the benefit of all. In this case, seniors will have a chance to rent beautiful, new apartments at affordable prices while residents of all ages will benefit from the traffic safety improvements at the corner of Westchester Avenue and South Regent Street.”
Increasing access to affordable housing is a top priority for the Board of Legislators. Already in 2018, the Board has approved developments that will create well over 200 new units of affordable housing in the county, including more than 100 for seniors.
Board Chairman Ben Boykin (D – White Plains, Scarsdale, Harrison) said, “The development of affordable housing today delivers dividends for the residents of Westchester County for generations. Affordable housing for our seniors is especially important, giving seniors a chance to remain in communities they have called home for years. I’m proud that we’ve been able to move forward with these important developments to make life better and more affordable for the residents of Westchester.”
View the legislative history and documents here: https://bit.ly/2yGPJ3T
SOURCE: Jason Chervokas, Westchester County Board of Legislators Director of Communications