Middletown Housing Authority proposes $50M for 100 new affordable housing units

In the heart of Middletown, city officials gathered for a pivotal Common Council meeting, where the future of affordable housing took center stage. Representatives from the Middletown Housing Authority, including Chairperson Debbie Mills and Executive Director Tony Keyes, joined a crowd of concerned residents and aldermen, all united in support of a significant new housing initiative.

The proposal aims to add 100 affordable housing units to the city’s inventory, addressing what many consider the community's most pressing issue. The project, a collaboration between the Middletown Housing Authority and Edgemere Development, seeks to tackle the growing demand for affordable living spaces. As discussions unfolded, it became clear that the city’s involvement would include a payment in lieu of taxes (PILOT) and the donation of 1.1 acres of city-owned land adjacent to the housing authority’s property.

This land, acquired two decades ago for a modest sum, is envisioned as a community garden and recreational area, enhancing the neighborhood's appeal. The project will also facilitate the construction of 50 units at Summit Field and another 50 at David Moore Heights, with plans to renovate existing units within the housing authority’s inventory.

Financing for this ambitious $50 million initiative will come through tax-exempt bonds and low-income housing tax credits, ensuring that the project remains financially viable. The New York Housing Finance Agency is expected to provide low-interest loans to the developer, making the dream of affordable housing a reality for many residents.

However, not all voices were in favor of the plan. During the meeting, Mayor's attention was drawn to a critical text from County Legislator 154, who dismissed the initiative as a mere political stunt, questioning its potential impact on the community. The mayor was prompted to address these concerns, emphasizing the project’s importance and the collaborative efforts behind it.

As the council prepares to vote on a resolution in the coming weeks, the community watches closely, hopeful that this initiative will pave the way for a brighter, more inclusive future in Middletown. The discussions at this meeting reflect a broader commitment to addressing housing challenges, underscoring the vital role of local government in shaping the lives of its residents.