The Real Deal New York

Amagansett affordable housing site could get cheaper units with HUD vouchers

January 08, 2019 04:39PM

New York State Homes and Community Renewal wants the U.S. Department of Housing and Urban Development to release eight vouchers for low-income units in a new affordable housing complex in Amagansett, 27east reported. The vouchers would help families live cheaper in the Hamptons hamlet. The 37-unit modular complex, which has yet to break ground, would have 12 one-bedroom apartments, 12 two-bedroom apartments, 12 three-bedroom apartments and one four-bedroom home all spread between seven two-story buildings. The public has until Jan. 18 to submit comments on the project, which will be built at 531 Montauk Highway. Without any objections, HUD should be able to release the vouchers in February. Builders plan to break ground in April, though various agencies still need to review the proposed development, known locally as AMG 531. [27east]