Although the application process for apartments in ended months ago and tenants began moving in last fall, a ribbon-cutting ceremony was just held to formally open the Maple Commons development in Croton-on-Hudson.
The two-building complex at 43-35 Maple St. offers 33 apartments, all priced as affordable housing. Regan Development built the $18 million project, designed to be affordable for people earning up to 80% of the Area Median Income.
“This all-electric, transit-oriented development brings 33 affordable, energy-efficient homes to a thriving, walkable community,” said Westchester County Executive Ken Jenkins. “Transforming a vacant lot into quality housing doesn’t just provide homes; it strengthens neighborhoods, supports local businesses, and fuels economic growth. Maple Commons is an excellent example of what we can achieve when state, county, and local governments work together to expand access to affordable housing. Thank you to everyone who made this project possible.”
New York Gov Kathy Hochul positioned Maple Commons as part of her five-year, $25 billion housing plan to create or preserve 100,000 affordable homes statewide.
“Maple Commons brings critically needed affordable apartments to Croton-on-Hudson, one of the State’s first Pro-Housing Communities,” Hochul said. “This … is the latest example of my administration’s commitment to making our state more affordable and ensuring all New Yorkers have access to a stable and secure place to live.”
The development features an 8,000-square-foot park that is open to the public, and additional outdoor common spaces, including a playground. All residents will be provided with free high-speed internet in their unit.
State financing includes state and federal Low Income Housing Tax Credits that will generate $11.1 million in equity and $1.7 million in subsidy from New York State Homes and Community Renewal (HCR). Westchester County provided $1.7 million through its New Homes Land Acquisition Program.
According to Croton-on-Hudson Mayor Brian Pugh, “New homes mean more customers and workers for local businesses and a more vibrant local economy. This development demonstrates what happens when we work together, carefully and deliberately, to create quality affordable housing, which is so desperately needed in our community.”
