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Board approves extension for Liberty Affordable Housing; applicant reports $14M funding gap
Summary
The planning board granted a first extension for the Liberty Affordable Housing site plan at Crescent Ave and Jefferson Street. Applicant representative said a reduction in federal funding created a roughly $14 million financing gap now being addressed through state funding and creative financing.
Saratoga Springs planning board members unanimously approved an extension request for the Liberty Affordable Housing site plan located at Crescent Avenue and Jefferson Street.
Staff reported the original site‑plan approval was issued Jan. 8 (year not specified) and that the approval would have expired in July; the applicant asked for a first extension to a later date. In a public update the…
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