Through the creation of cost-appropriate, quality housing, Hudson River Housing has spearheaded several neighborhood revitalization initiatives in the City of Poughkeepsie.
Hudson River Housing, Inc. has funds available to support downtown revitalization efforts in the City of Poughkeepsie. The target area for this funding is the White Cherry Rose Redevelopment Area of the Middle Main Neighborhood.
Hudson River Housing, Inc. may award up to $50,000 in New York Main Street (NYMS) grant funds, per building, not to exceed 75% of the total building renovation project cost. Funds may be used to renovate facades, storefronts and commercial interiors. An additional $10,000 for each renovated residential unit is available up to a per building maximum of $100,000, not to exceed 75% of the total project cost.
The NYMS program operates as a reimbursement program and payment will be made only upon satisfactory completion of renovation projects. Projects must produce a finished commercial or residential space, ready for occupancy by September 30, 2014. NYMS funds will be disbursed only for completed projects.
In 2008, Hudson River Housing began leading the charge on a new initiative to focus our real estate development efforts on a targeted area of the city of Poughkeepsie - a neighborhood we would come to call Middle Main, a direct reference to its location in the heart of Poughkeepsie's Main Street. This initiative, Middle Main Revitalization, is designed to advocate for, support, and undertake efforts to improve conditions for residents in the Middle Main neighborhood, in order to create a more attractive, safer, and more inclusive community. Between late 2009 and this year, we have accomplished the following through the Middle Main initiative:
Hudson River Housing is proposing the development of a hub for local, sustainable living that links our urban city centers and the wealth of natural and cultural resources in the Hudson Valley. This will be a three-block, neighborhood-scale redevelopment project in the heart of the Middle Main neighborhood.
The hub will center on the former Poughkeepsie Underwear Factory. We are proposing the adaptive reuse of this historic building as upper story housing and a first floor community space that will focus on sustainable, local economic development.
The project will connect with and support efforts being undertaken by other property owners and local organizations. Together, we will house, educate, and inspire our local community and its residents to celebrate, preserve and strengthen the neighborhood, and support sustainable, local living and jobs. We call this project “White Cherry Rose” for the three streets on which these projects will take place. When complete, White Cherry Rose will be a truly outstanding showcase of neighborhood partnership and innovation that will have a catalytic effect on Poughkeepsie’s downtown.
In the wake of the foreclosure crisis, we are working to ensure that neighborhoods in the City of Poughkeepsie do not see a wave of vacancies or neglect that could diminish the progress that has been made to improve conditions in these areas. Our work to survey neighborhoods and return foreclosed properties to their viable use will help reduce the consequences of the foreclosure crisis in our area.
HRH has received $2.5 million in Neighborhood Stabilization Program funding through the NYS Housing Finance Agency. HRH will use the funding to purchase one- and two-family homes and multi-family properties that have been foreclosed and are currently vacant. The properties have been renovated and either resold or maintained by HRH as affordable rental housing. Homes and counseling services will be available through our NeighborWorks HomeOwnership Center of Dutchess County
In 2000, we launched its first dedicated community development initiative through ABNR I. We selected a two-square block area in the City of Poughkeepsie that was in desperate need of improvement, centered around our large scale historic renovation of Garden Street’s Queen Row. After undertaking a survey of conditions in the neighborhood, we began systematically acquiring and renovating vacant and blighted properties into quality, affordable housing. Through a decade of work, we have built or improved 19 homeowner units, 40 apartments, 12 emergency beds, and 4 commercial spaces in these two blocks alone.
Through the City of Poughkeepsie Main Street Program, we are working with property owners towards the economic, cultural, and social recovery of Poughkeepsie’s Main Street corridor. Acting as the Local Program Administer of the New York Main Street Program we provide grants to property owners to undertake building and façade renovations that help restore and maintain the historic character of downtown Poughkeepsie’s Main Street and contribute to economic stabilization.
Director of Organizational Development
(845) 454-5176 - Office