Edward P. Mangano, County Executive |
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Site One: Location NW Corner of Prospect Avenue and Grand StreetDeveloper: A& C Development PartnersSandra Acosta, Mukang Cho and Mauricio FernandezThe Pilot parcel, Site H, was developed by A&C Development Partners, a minority and women's business enterprise (MWBE) and is located at the northwest corner of Prospect Avenue and Grand Street. A total of seven (7) two-family condominiums were constructed on the site, with five of the seven units to be sold at subsidized prices (80% AMI). The condiminiums were constructed over commercial space which will house a local pharmacy and a Sneaker and Cell Phone store. Nassau County contributed more than $1.6 million in HOME and CDBG funds to this project. Funds for the commercial build-out of the pharmacy space were provided through the Grow Nassau Fund. Site construction began in August 2007 and was completed October 2008. For information: Call local sponsor for applications: UNCCRC 516-997-9399 or The Long Island Housing Partnership for applications: 631-435-4710. |
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Site Two: 701 Prospect Avenue, WestburyDeveloper: The Bluestone Organization,Sara Bluestone HerbstmanThe Bluestone Organization is the developer on Site A, located at the corner of Prospect Avenue and Brush Hollow Road. Work on this site began in June 2006 and was completed in December 2008. This 46,151 square foot site is known as the "Gateway to New Cassel" where a mixed-used building overlooks a 4,500 square foot park. This three-story building holds 57 rental units over commercial space. Nassau County's contributions of $1075,000 in HOME funds were used for project costs and down payment assistance. Residential: Contact NHE Management Assoc. 718-264-1420. Commerical: Contact First Development Corp. 631-234-3200. |
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Site Three: Apex II Senior Housing 35 unitsDeveloper: Douglaston Development andThe Anna and Phillip Kimmel FoundationApex II, Site F, 1 35-unit senior residential development, a joint venture between Douglas Development, LLC ( a subsidiary of Levine Builders) and the Anna and Philip Kimmel Foundation, is located at the southwest corner of Union Ave. and Hicks Street. Nassau County contributed $300,000 in HOME funds and construction was completed in December 2008. For information about these units please call 516-486-1000 Stanan Management Corp. |
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HOME funds can be used for housing related activities including real property acquisition, new costruction, tenant based rental assistance, homebuyer assistance, and support services. The HOME Program requires a 25% match of funds from non-federal sources HOME provides formula grants to States and localities that communities use-often in partnership with local non-profit groups to fund a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership or provide direct rental assistance to low-income people.
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