Four Choice Words Clients Win $19.5 Million for Critical Housing Projects in the Mid-Hudson Valley
May 29, 2024
HYDE PARK, NY—Empire State Development President, CEO, and Commissioner Hope Knight today announced 13 recipients of Mid-Hudson Momentum Fund (MHMF) grants, which will support the construction of much needed housing in the Mid-Hudson Valley Region of New York State.
Choice Words LLC, a full-service grant writing firm with offices in New Paltz and Ithaca, served as the lead grant writers for four of the winning developers, who were collectively awarded $19.5 million for transformational projects in the City of Poughkeepsie (2), the City of Newburgh, and the City of Peekskill.
“These visionary mixed-use and infrastructure projects will lead to the creation of up to 1,180 new housing units in our region along with commercial spaces and jobs that will help revitalize core neighborhoods in the region’s cities,” said Steve Densmore, President and CEO of Choice Words LLC. “This unique new state grant program promises to have a profound impact that will catalyze the creation of much needed downtown transit-oriented development.”
The four projects include:
Kirchner Realty’s Newberry Project was awarded $2 million to transform 278-288 Main Street, Poughkeepsie, a long vacant, blighted building in a distressed, urban center into a commercial/residential/community hub. The former Up to
Date Department Store building will offer 28 apartments (six of which will be affordable), 11,000 square feet of commercial space, and turn empty lots into a beautiful 8,000 square foot plaza for outdoor dining, art exhibits, and community events.
The Schoolhouse Project at 191 Washington Street in the City of Newburgh was awarded $2.5 million to bring a long vacant former school building back to life by bringing new commercial and residential vitality to what is now a vacant city block, helping to catalyze new growth on William Street, a formerly thriving commercial corridor. The nearly $25 million project will create 70 residential units with 12 apartments and another 58 units in two new buildings. The commercial portion will transform the auditorium of the former school building into a bustling 8,000 square foot brewery, tap room, and food stalls for local vendors, creating up to 15 jobs in its first few years of operation. Another 7,000 square feet of commercial space will be included in the two new buildings where a complementary mix of retail, office, and light manufacturing tenants will generate activity and create additional jobs.
The 316 Main Street Redevelopment Project in the City of Poughkeepsie was awarded $5 million to replace an aging and underutilized single-story structure at a highly visible downtown location, helping to contribute to the overall commercial and cultural health of the neighborhood. The nearly $30 million project will construct a six-story, mixed use building with 80 mixed-income residential units and 21,705 square feet of ground floor commercial space in the heart of
downtown Poughkeepsie. The project will contribute greatly to the rejuvenation of the middle Main Street corridor, providing significant and much needed housing while also creating ample commercial space in the center of the city. It is
expected to create 22 full-time jobs for the commercial tenants that will be housed in its two lower floors.
The City of Peekskill was awarded $10 million for infrastructure improvements to support several new residential and mixed-use development projects already in the pipeline. This project is estimated to support up to 1,000 new units of
housing and will fund structural improvements for two existing parking facilities, construction of a new parking garage, road elevation, streetscape design, and sewer excavation and repair. The city will also allocate funding to complete
shoreline improvements, including the scenic overlook boardwalk in Riverfront Green Park. The total project cost is estimated at $20 million.