Bedford Provides ADU Funding to Homeowners of Modest Means

Bedford Provides ADU Funding to Homeowners of Modest Means

Each eligible property can receive grants up to $125,000, which encompasses both construction expenses and the provision of technical assistance.

In a remarkable collaboration, Westchester Habitat has teamed up with the New York State Housing Trust Fund Corporation and Housing Action Council, along with select municipalities, to support the construction of accessory dwelling units (ADUs) on properties owned by residents with low to moderate incomes. This initiative targets homeowners residing in Bedford, Dobbs Ferry, Hastings-on-Hudson, and Irvington, and it brings several benefits to the table.

Homeowners involved in this program can utilize these accessory apartments in various beneficial ways. Whether it’s accommodating a family member or a caregiver, paving the way for aging in place while garnering supplementary income, facilitating affordable workforce housing, or tackling the rising costs that threaten their home affordability, these units offer versatile solutions.

Grants of up to $125,000 are accessible for each qualifying property. This amount covers both technical assistance and the expenses linked with the construction process. It’s important to note that all projects must adhere strictly to the prevailing zoning codes in their respective areas. Non-compliance could disqualify a property from being considered for the program.

To gain more insights about this program, Westchester County Habitat for Humanity can be reached at [email protected]. Detailed information about the program, in both English and Spanish, can also be accessed by clicking the provided link. This initiative offers a prime opportunity for homeowners of modest means to enhance their living situations and financial stability.

Christopher Charles spent 6 years in the mortgage industry before moving into the world of digital media. He's helped thousands of families buy and refinance real estate at banks and mortgage companies and now continues that mission through industry-leading content. Chris is known for his expertise in the mortgage & real estate industry and continues to produce content all over the web.

Leave a Reply

Your email address will not be published. Required fields are marked *

en_US