Project Description

Hudson Pointe is part of a proposed ~$16 million redevelopment project including High Pointe. The combined project consists of 147 units of elderly affordable housing divided between two buildings located in the city of Newburgh, within Orange County, NY. The proposed plans call for a $5M tenant in place rehabilitation of both buildings, utilizing energy efficient and green technology. The completion of this project will help preserve high quality affordable housing for the elderly in Newburgh.

The project is expected to be funded by a combination of Low Income Housing Tax Credits, NYSERDA Energy Grants, Historic Tax Credits through the NYS Historic Preservation Office and National Park Service, and Tax Exempt Bonds through New York’s Housing and Finance Agency.

The 9-story, 65 unit Hudson Pointe Apartments is the former Hotel Washington built in 1929 and located one block from the Hudson River in the West End Historic District. Plans call for the renovation of all 65 units, common areas and exterior of the building. The surrounding neighborhood is comprised of residential homes, apartments and several churches. The recently completed SUNY Orange College campus is located across the street from the property.