AFFORDABLE HOUSING OPPORTUNITIES 

Overview of Programs

Due to escalating costs within the local real estate market, the Town of Southold has initiated numerous policies and legislation to advance affordable housing opportunities for its residents and workers who cannot find safe and affordable housing without assistance.  With the established legislative framework and affordable housing policies, the Town is anticipating an increase of affordable housing stock inventory.  This housing stock of single-family homes, townhouses and apartments will be realized through partnerships with not-for-profit ventures and for-profit developers. 

Unlike previous efforts to develop affordable housing, the Town Board has ensured that all affordable housing that is built will remain affordable in perpetuity through covenants and restrictions.   A formula of affordability for rental rates and home ownership sales prices exists that is tied to Federal and County guidelines. 

THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2007-497 WAS Adopted AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON May 22, 2007:

RESOLVED that the Town Board of the Town of Southold hereby sets the maximum sales price and maximum allowable monthly rent for 2007 for affordable housing units in the AHD Zoning District, pursuant to Chapter 280-30(D) of the Town Code, as follows:

Rental Rates
Efficiency: $821 1 bedroom: $879 2 bedroom: $1,055 3 bedroom: $1,219 4 bedroom: $1,360
 

Home Purchase Price
Households earning 80% or less of the HUD median income (for Nassau/Suffolk) $187,625.00

Households earning 100% or less of HUD median

 $234,500.00

Households earning 120% or less of HUD median

$281,375.00

Note:  These figures change yearly and represent the maximum amount.

Housing Registry Application and Eligibility Requirements

The office of Special Projects Coordinator is responsible for coordinating and implementing the Town’s affordable housing programs.  To find out about income and eligibility requirements, read the attached PDF file of the Town’s housing application and registry instructions.  Only households listed within the Town’s Housing Registry will qualify for affordable housing.

If you have any questions, please contact Phillip Beltz at 631-298-4460 or by email phillip.beltz@town.southold.ny.us.

Housing Resources and Links

Catholic Charities: www.catholiccharities.cc
Community Dev. Corp. of LI: www.cdcli.org
Community Land Trust of Southold: www.cltofsouthold.org
County of Suffolk: (Dept. directory-Economic Development/Workforce Housing) www.co.suffolk.ny.us
Habitat for Humanity Suffolk County: www.hfhsuffolk.org
North Fork Housing Alliance: 631-477-1070
Peconic Community Council: www.pccouncil.org
The Retreat: 631-329-2200 (hotline)
Suffolk County Dept. of Social Services: 631-548-3600
   
   

Town of Southold Housing Application

Instructions for Town of Southold Housing Registry

 

 

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