Gov. Hochul awards Rockville Manor $7.5M for project

Rockville Manor will receive $7.5 million in federal and state tax credits and subsidies for the preservation and expansion of the existing Rockville Centre Housing Authority complex for seniors.

The facility is one of 29 locations statewide to receive a portion of more than $260 million awarded by New York Gov. Kathy Hochul to create and preserve 1,852 affordable, supportive and sustainable homes. 

“The only way to address New York’s housing crisis and bring down costs for families is to keep building and preserving homes in every region of our state,” Hochul said in a release. “With this funding, we are pushing forward with our agenda to unlock New York’s housing potential, and we will keep working closely with the Legislature to ensure that all New Yorkers have access to safe, stable, and affordable homes.”

D&F Development Group and Rockville Redevelopment Corporation will oversee the development of six new housing units — expanding upon the existing 50-unit building.

Gov. Hochul’s plan also seeks to upgrade and modernize public housing, further local economic development initiatives and include sustainable features that advance the state’s climate goals.

In addition to the state tax credits and subsidies, the Rockville Manor project will also receive $625,000 in Clean Energy Initiative funds to provide electricity to the entire building.

Funding comes as part of Hochul’s $25 billion comprehensive Housing Plan to create or preserve 100,000 affordable homes statewide, including 10,000 with supportive services for vulnerable populations, plus the electrification of an additional 50,000 homes. 

Financing for the project was allocated by the Department of Homes and Community Renewal, which provided $56 million in federal and state low income housing tax credits and $204 million in subsidies.

When coupled with additional private funding and resources, the projects receiving funding are expected to create over $840 million in overall investment. 

All of the projects meet Homes and Community Renewal’s sustainability standards, which promote healthier living environments and support the goals, set by the New York State Climate Leadership and Community Protection Act.

The majority of awarded projects will also use a total of $11 million from the Clean Energy Initiative, a partnership with Homes and Community Renewal and the New York State Energy Research and Development Authority, to achieve even higher levels of sustainability and carbon reduction.

In addition, the developments offer free broadband services to residents, building on the Governor’s ConnectALL initiative, which has made historic investments to deliver high speed internet in underserved communities and close the digital divide for lower-income New Yorkers.