Governor Kathy Hochul has announced a $26 million investment through the Long Island Investment Fund to support five new housing developments in Nassau and Suffolk counties. The projects, representing a total investment of $467 million, will create nearly 750 new housing units, including affordable, workforce, and transit-oriented housing. Work is being led by a combination of public and private sector partners, including Empire State Development and New York State Homes and Community Renewal.
Awarded projects include The Preserve at South Country Road in Southampton, a $54 million development featuring 79 workforce housing units with dedicated apartments for veterans and individuals with disabilities. In Baldwin, The Grand at Baldwin will deliver 215 rental units, including 22 affordable, across from the Baldwin LIRR station. Bellport will see the development of The Alegria South, a 96-unit, 100-percent affordable housing project tailored to a distressed community.
In Patchogue, the $177 million Carriage House development will add 262 housing units, including 53 affordable apartments, and support infrastructure upgrades in the downtown area. One Carleton Green in Central Islip will convert underutilized land into a three-story, mixed-use building with 96 affordable units. All five projects incorporate transit-oriented or downtown-focused planning principles.
“Under Governor Hochul’s leadership, these Long Island Investment Fund awards are a game-changer for addressing our State’s housing crisis,” said New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas. “By supporting nearly 750 new homes across Nassau and Suffolk counties, including affordable and workforce housing, we’re creating opportunities for families, veterans, and individuals with disabilities to thrive in vibrant, transit-oriented communities. These projects are a critical step toward building a more equitable and accessible Long Island.”
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