Peekskill Affordable Housing Development Advances After September Groundbreaking

In the city of Peekskill in Westchester County, one of the latest initiatives in Governor Cuomo’s Five-Year Affordable Housing Plan through New York State Homes and Community Renewal (HCR) has broken ground in recent weeks and begun to take shape. The $51 million affordable housing development on 645 Main Street is one of several projects involved in Peekskill’s Downtown Revitalization Initiative, making it one of many cities to benefit from the state grant program in recent years. The new apartments and additional parking will be centrally located in the community and aims to have an eco-friendly bend. 

What Makes the 645 Main Street Project Eco-Friendly? 

“Every New Yorker deserves a safe, decent and affordable place to call home,” said Governor Cuomo when he announced construction. “This new, energy-efficient development builds upon our continued strategic investments in downtowns throughout the state and will provide more than 80 brand-new, affordable apartments for families and the community.” Energy efficiency plays a huge role in making any residence more affordable by saving residents on utility costs. 

The 645 Main Street units are going to include: 

  • High-quality air conditioning and heating systems in apartments that are well-insulated are safer and cheaper to run. 
  • Efficient appliances in the kitchen and low-flow plumbing save energy and water use. 
  • Finally, photovoltaic solar panels will be installed on the roof can further offset costs by allowing the building to make some of its own energy. 

It appears that most of the eco-friendly amenities are centered around saving on utility costs. This is further aided because one of the larger energy eaters will be communal: The building will have communal laundry facilities. Additionally, tenants will benefit from permanent, tax-exempt climate bonds that are figured into the building’s budget. The project is certified by the International Climate Bonds Initiative, which funds efforts to lower New York’s carbon footprint. 

What Else Can People Expect of the 645 Main Street Affordable Housing Complex? 

With architects at L&M Design and construction helmed by Wilder Balter Partners Inc., pricing on the apartments will aim toward incomes that are at 40-80 percent of the area median income or below (which puts a one-bedroom apartment at about $900). 

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