“The struggle to create housing that is affordable for people across the entire spectrum of income will be the defining civic issue for this generation of leaders in the Hudson Valley,” Pattern CEO Adam Bosch said.
Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.
Elected officials, seeking to appease vocal constituents, frequently uphold restrictive zoning laws that favor single-family residences over more diverse housing options.
WHITE PLAINS—The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, recently presented a check for $2,500 to Habitat for Humanity of Greater Newburgh.
Founded in 1999, Habitat for Humanity of Greater Newburgh is dedicated to providing decent, affordable housing in partnership with families in need. Reaching across religious, cultural, and racial boundaries, the organization seeks to rebuild a sense of community with the common goal of strong neighborhoods and dignity through homeownership.
Humanity of Greater Newburgh has been working to revitalize Newburgh’s neighborhoods and help local hard-working, low-income families create strength, stability, and self-reliance. The E. Parmenter Street Neighborhood, a 22-house development on what was formerly one of the most blighted blocks in Newburgh, is now a thriving community of Habitat Newburgh homeowners.
To date, 121 families earning between 30%-60% of the area median income, have partnered with Habitat Newburgh by investing sweat equity into the construction of homes, participating in required homeowner education classes, and signing a mortgage.
“Habitat for Humanity only works because of the partnerships in our community,” said Matthew Arbolino, Executive Director. “The Hudson Gateway Realtor Foundation has been a tremendous partner for many years now and we greatly appreciate this support.”
Since 2014, the Hudson Gateway Realtor Foundation has donated thousands of dollars to charities and non-profits throughout the Hudson Valley. As concerned members of the communities we work in, the Hudson Gateway Realtor Foundation participates in qualified community-based charities who serve the housing, hunger, health, happiness, and humane needs of citizens everywhere.
For more information or to apply for funding from the Hudson Gateway Realtor Foundation, please visit www.hgrealtorfoundation.com.
The Hudson Gateway Association of Realtors is a not-for-profit trade association representing more than 13,000 real estate professionals doing business in Westchester, Putnam, Rockland, and Orange counties, as well as the Bronx and Manhattan. It is the second largest Realtor Association in New York State, and one of the largest in the country.
These systematic barriers hindered the accumulation of wealth for African Americans for decades; this hindrance deprived many black families of the opportunity to pass down property and assets to future generations, thereby perpetuating economic disparities.
The program offered the latest home sales data and trends for Rockland County, updates on the NAR Commission settlement, and perspectives on topical business and political issues.
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