Dutchess County Executive Sue Serino says the county’s Housing Trust Fund will be contributing $2,315,000 to help pay for 100 new units of affordable housing in projects for Red Hook and Rhinebeck. Serino also says that he new 2026 Executive Budget due to be unveiled Oct. 29 will have $1 million in continued funding for Dutchess County Housing Trust Fund (HTF).
The Red Hook Gateway project at 7598-7610 North Broadway will receive $850,000 from the HTF. It is designed to add 20 units of affordable rental apartments and single-family homes that will be offered for sale. The rental units will be a mix of one-bedroom and two-bedroom apartments. Rents will be set to be affordable to tenants earning between 60% and 80% of the area median income (AMI). The single-family homes will be for low- to moderate-income homebuyers earning up to 80% of the AMI. The village of Red Hook is reviewing plans for the project and construction is anticipated to begin in 2027 with occupancy in 2028.
The project known as Locust Hill on Rhinecliff Road in Rhinebeck is to receive $1,465,000 in HTF funding. Six buildings are planned with a total of 80 units. The rental units will be a combination of one-bedroom, two-bedroom and three-bedroom apartments. They will be priced to be affordable to tenants with incomes between 30% and 80% of the area median income. Of the 80 units, 67 will be funded by the Housing Trust Fund. The Town of Rhinebeck is reviewing plans for the project with construction hoped to begin in early 2026 with occupancy anticipated for the fall of 2027.
The County Executive also announced her 2026 Executive Budget will include $1 million to sustain the HTF, continuing to create new housing options that are affordable and attainable for local neighbors.
In September, Serino announced that $2.45 million in HTF funding would be used to help pay for the development of more than 100 affordable housing rental units in Amenia and Poughkeepsie.
The HTF has allocated $550,000 for the Clinton Crest project at 15 N. Clinton St. in Poughkeepsie. It involves expanding existing four-unit multifamily building by adding four new two-room units. Three units will be reserved for households earning up to 60% of area median income (AMI) and one unit for households earning up to 80% AMI. This project has received necessary approvals from the city.
The Morgan Avenue Apartments development on Morgan Avenue in Poughkeepsie is receiving $1,000,000. It involves new construction of two buildings with a total of nine units, eight two-bedroom and one one-bedroom units. Seven units will be supported by this award, with five units will be for households earning up to 60% AMI, and two units will be for households earning up to 80% AMI.
HTF is putting $700,000 into Windows on Main at 488 Main St., in Poughkeepsie. The project involves new construction of an 81-unit building on the site of an existing laundromat. This project will have 20 studio units, 42 one-bedroom units and 19 two-bedroom units. Units for households earning up to 50% AMI include four studios, 16 one-bedroom units and 4 two-bedroom units. Units for households earning up to 60% AMI include, 11 studios, 21 one-bedroom units and 10 two-bedroom units. Units for households earning up to 100% AMI include five studio units, five one-bedroom units and five two-bedroom units.
In Amenia, $200,000 will be used to help fund a duplex at 8 Powder House Road. There will be two two-bedroom units for households earning up to 60% of the AMI.
