1Hudson Valley Property Group (HVPG) is an innovative real estate firm committed to the preservation of affordable and mixed-income housing. We provide quality, well managed affordable and workforce housing to the communities we serve through investment in and renovation of residential properties.

With a fresh perspective on the industry, we have realized that the procedures for increasing the supply of affordable housing can be ameliorated, not only by the development of new projects, but also by the more capital-efficient acquisition and rehabilitation of existing properties.

Through a public-private funding model, we have chosen to focus on the growing supply of blighted or at-risk buildings, preserving these structures across the nation.

Our story

After observing blatant housing inefficiencies in their hometown of Rockland County, New York, Jason Bordainick and his childhood friend, Andrew Cavaluzzi, knew they could improve conditions for families in need of quality affordable housing.

As sons of educators, they felt a connection to the area’s public servants and understood their invaluable contribution to the community. In the context of the mortgage crisis, the two embarked on a mission to use their entrepreneurial experience, financial and real estate industry background, and clear compassion to fix the system.

Jason and Andy came together to build an organization that would have a lasting impact on their community. The solution-oriented organization would enhance the vitality of the properties and communities they serve.

Instead of tearing down properties and building traditional developments, they would rehabilitate blighted properties and cultivate urban infill sites.

Instead of carelessly over-developing with high leverage and short-term capital, they would select projects that were financially feasible and find long-term investors who were not interested in a quick buck.

Instead of renovating with standard wasteful processes, they would utilize best practices from around the country in sustainable development and resource efficiency.

Instead of blindly developing in a community, they would develop with and for the community.

Values

Improving Lives

2At Hudson Valley, we believe a safe, healthy, and quality living environment should be available and affordable to all.

Unfortunately, there is a clear shortage of affordable housing across the country. Housing is “affordable” when a family spends no more than 30% of their income to live there. According to a 2013 report by Harvard Joint Center for Housing Studies, half of US renters are paying too much in rent; most of which fall into the low and very-low income group.

Hudson Valley’s mission is to increase the supply of quality affordable housing. Beyond renovating and preserving homes for residents, we enhance services and facilitate linkages to other local resources to revitalize communities through transformative projects.

We work hand-in-hand with not-for-profit, community-based and faith-based organizations, providing our expertise while keeping the organizations’ best interests at heart.

Preserving communities

preserving-communitiesWe strive to ensure that the heritage and character of the areas are preserved. Some representative examples include:

  • Administering Phase I archeology surveys on our sites before development can begin
  • Promoting local artists by displaying their work in some of our lobbies
  • Maintaining the historical architectural design of the buildings when appropriate

Protecting the environment

website-about-us-3We utilize best practices in sustainable and resource efficient development, including:

  • Reducing landfill waste during construction by redirecting recyclable materials back to the manufacturing process and re-using materials where possible.
  • Maximizing energy efficiency through the use of energy star appliances, daylight and motion sensors on outdoor lighting, and alternative energy including rooftop solar panels
  • Preserving the environment during construction with smart site selection: We minimize site disturbance and give preference to sites with proximity to services so that automobile usage is reduced.
  • Minimizing water usage through the use of native plantings and water conserving technology
  • Educating the community of green building features and strategies