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December 26th, 2012

Hudson River Housing awarded $450k to improve neighborhood



POUGHKEEPSIE – Hudson River Housing is pleased to announce that the agency was awarded $450,000 in funding for neighborhood improvement projects in the Middle Main area of the City of Poughkeepsie. The funding was awarded through New York State Homes & Community Renewal, and was announced in Albany on Wednesday as part of the governor’s 10-region economic development grant selection process.

Funding will be used to begin renovations of the currently vacant Poughkeepsie Underwear Factory, a historic building the agency plans to renovate as housing and commercial space. Through the adaptive reuse of the property, Hudson River Housing will create a vibrant community hub that links the urban city center and the wealth of natural and cultural resources in the Hudson Valley. "The Poughkeepsie Underwear Factory is the centerpiece of Hudson River Housing’s efforts to revitalize the Middle Main neighborhood," stated Executive Director Ed Murphy.

In 2008, Hudson River Housing began leading the charge on a new initiative that focused real estate development efforts on a targeted area of the city of Poughkeepsie.

"The adaptive reuse of the Poughkeepsie Underwear Factory, as the cornerstone of our efforts in Middle Main, is a project that directly addresses the need for a mix of quality housing options in the downtown area, and the emerging desire to live in compact, walkable urban communities connected to community amenities," stated Elizabeth Celaya, Director of Organizational Development.

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