New Rochelle: Affordable Housing Open House- March 7
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~ New Rochelle, NY - The City of New Rochelle is proud to announce that it will be hosting an Affordable Housing Open House on Thursday, March 7, 2024 at the Rotunda in City Hall. The event will run from 4:00 to 8:00 pm and is open to both current and prospective residents. It aims to showcase new housing opportunities in the city, including upcoming housing lotteries for affordable rental units, the First Time Home Buyer Down Payment Assistance Program, and sustainability initiatives for homeowners.

City Manager Kathleen Gill expressed her excitement for the event, stating that it highlights the city's dedication to providing affordable housing options and expanded access to homeownership. She also emphasized the importance of community support in achieving this goal.

The Affordable Housing Open House will feature information on over 500 new affordable housing units coming to Downtown New Rochelle in 2024. This includes Highgarden Tower, a mixed-use rental building with affordable options for residents earning between 60% and 80% of the Area Median Income (AMI). Applications for this lottery are currently open and can be accessed through various channels.

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Another upcoming project is West View Apartments, which will provide 185 affordable units for residents earning between 50% and 60% of AMI. Additionally, 500 Main St. is set to open in 2024 with 111 affordable units at similar income levels.

In addition to highlighting these upcoming lotteries, the Affordable Housing Open House will also provide information on various City-run programs. This includes details on how to apply for a Section 8 Housing Choice Voucher in 2024, which can assist low-income individuals and families in finding safe and affordable homes.

The City's Down Payment Assistance Program will also be featured at the event, offering assistance to residents looking to become homeowners. The program covers up to 19% of the down payment for first-time homebuyers in New Rochelle.

The City's Tenant-Based Rental Assistance (TBRA) program will also be discussed, which helps individuals and families experiencing homelessness or at risk of becoming homeless by providing temporary housing until permanent accommodations can be secured.

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Adam Salgado, New Rochelle Deputy City Manager and Development Commissioner, reaffirmed the city's commitment to offering affordable housing options for all residents. He also highlighted the partnerships with developers, management companies, and nonprofits that have made these initiatives possible.

The Affordable Housing Open House will provide opportunities for attendees to speak with City and Community partners from 4:00 to 8:00 pm. A presentation on the city's affordable housing strategy, lotteries, Section 8 housing assistance program, and Down Payment Assistance Program will take place from 5:30 pm to 7:00 pm in City Council Chambers.

Organizations such as Westchester Residential Opportunities, Housing Action Council, HOPE Community Services, and New Rochelle Municipal Housing Authority will be present at the event to provide information and resources. Light refreshments will be available and childcare services will be provided.

Pre-registration for the event is encouraged through the provided link. The City of New Rochelle looks forward to welcoming its residents and potential homeowners to this informative and important event.

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