Monday, October 12, 2026

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.

2 comments:

  1. To paraphrase Thatcher: "The problem with socialism is that you eventually run out of other people's money." Look to the left and the right to see what can happen.

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  2. What is the origin of Of this five year moratorium In property taxes for new houses. How is it on the agenda who placed it on the agenda How is not a word been spoken in any public forum of this intention to grant A property tax moratorium.

    ReplyDelete