$26 Million Housing Investment to Deliver 750 New Units in Long Island

Governor Kathy Hochul of New York has announced a major $26 million government investment from the Long Island Investment Fund to support five new housing projects in Nassau and Suffolk counties. This ambitious initiative, part of a total $467 million investment, is expected to provide nearly 750 new housing units, including affordable housing, workforce housing, and transit-oriented developments, aimed at meeting the region’s diverse housing needs.

Strategic Developments Across Long Island

The five projects are strategically located to address Long Island’s critical housing shortage, integrating affordability, accessibility, and community sustainability. Public and private sector collaboration is driving these transformative projects, led by key agencies such as Empire State Development and the New York State Division of Housing and Community Renewal.

• The Preserve at South Country Road, Southampton: A $54 million investment providing 79 workforce housing units, with priority for veterans and individuals with disabilities.

• The Grand at Baldwin, Baldwin: Featuring 215 modern rental units, including 22 affordable apartments, this project emphasizes transit-oriented planning adjacent to the busy Baldwin LIRR station.

• The Alegria South, Bellport: A fully affordable development with 96 housing units, targeting a community classified as under-resourced, supporting economic stability and social equity.

• Carriage House, Patchogue: A $177 million project adding 262 units, including 53 affordable apartments, while enhancing critical downtown infrastructure and revitalizing the city center.

• One Carlton Green, Central Islip: Transforming underutilized land into a three-story mixed-use building with 96 affordable units, combining residential, commercial, and community spaces to create a self-sufficient, vibrant neighborhood.

A Focus on Transit-Oriented and Inclusive Communities

All five projects share a unified principle: transit-oriented and downtown-focused planning. By locating residents near public transit, essential services, and employment opportunities, the initiatives reduce car dependency, ease traffic congestion, and foster healthier, walkable communities.

Ruth Ann Visnauskas, Commissioner of the New York State Division of Housing and Community Renewal, highlighted the transformative potential of these awards, noting that they “change the game in addressing the housing crisis in our state.” She emphasized that by providing nearly 750 new homes, the projects create opportunities for families, veterans, and people with disabilities to thrive in vibrant, transit-oriented communities, representing a crucial step toward a more equitable and accessible Long Island.