PER GOOGLE AI--TAX EXEMPTION PUBLIC HEARING 10/23 - 5 YEAR TAX EXEMPTION FOR FIRST TIME HOMEOWNERS WHICH IS INTENDED TO DIRECTLY COVER THE PROPOSED 100 UNIT 100% AFFORDABLE LOT A DEVELOPMENT

MANY THANKS to a reader for the heads-up--OF COURSE, AI can make mistakes and you should double-check:

The tracking for the Croton-on-Hudson Board of Trustees agendas has been set up.

Reviewing the most recent legislative packets from late September and the October 7, 2026 meeting, the sale of Lot A to WBP Development (Wilder Balter) remains open and has not officially closed. [1]

Current Project Status Updates

• Tax Exemption Public Hearing: An upcoming public hearing is scheduled for the October 23, 2026 Board of Trustees meeting. The board will consider a 5-year tax exemption for first-time homeowners, which is intended to directly cover the proposed 100-unit, 100% affordable condominium development at Lot A. [1]
• Construction Concerns Post-Ossining Fire: Following a severe August 2026 four-alarm fire that damaged the wood-frame Parth Knolls housing complex in neighboring Ossining, community members and trustees have raised discussions regarding potentially imposing more rigid construction or fire-safety requirements on the Lot A multifamily project before final approvals are executed. 

The developer continues to coordinate state-level paperwork for their New York State Affordable Homeownership Opportunity Program (AHOP) subsidy funds alongside these local reviews.