East End affordable housing developments get $1.8M from Suffolk County

May 01, 2019 05:26PM

Suffolk County will give $1.8 million to two affordable housing projects in Amagansett and Greenport that will create 87 apartments, according to Long Island Business News. Georgica Green Ventures of Jericho and the East Hampton Housing Authority will build the 37-unit Gansett Meadow at 531 Montauk Highway. When complete, the $23 million project will offer 12 one-bedroom apartments, 12 two-bedroom apartments, 12 three-bedroom apartments and a single unit with four bedrooms. Gansett Meadow will get $1.1 million from the county along with funds from New York State Homes and Community Renewal (NYSHCR), the Community Preservation Corporation and the Middle Income Housing Program. The other development, the Vineyard View in Greenport, will get $700,000 from the county and cost about $22 million. When Rochester-based affordable housing builder Conifer Realty and the Community Development Corporation of Long Island (CDCLI) complete that project, its seven two-story buildings will each hold a mix of units with up to three bedrooms. Half of those units will be for those making up to 50 percent of the median income in the area, while the other half will be for those making up to 60 percent. The Greenport project will also get funds from the CDCLI, NYSHCR, the Town of Southold and the Community Development Trust. [LIBN]