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The Peconic Bay Region Community Housing Act allows each of the five East End towns to create a dedicated Community Housing Fund (CHF) to assist with affordable housing initiatives.
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A variety of housing opportunities for individuals and families of various economic means. According to the act, the term “Community Housing” encompasses income limits associated with affordable housing and also includes higher income brackets that don't typically qualify for housing assistance.
All community housing created by the Fund shall remain affordable for future generations by the placement of legally binding restrictions.
The Town Housing Plan is currently being drafted and will be open for public comment before adoption by the Town Board.
For further information on the Peconic Bay Region Community Housing Act go to: https://www.nysenate.gov/legislation/bills/2021/A2633