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File #: 2024-388    Version: 1
Type: ACT - Enter Into Agreement Status: Passed
File created: 7/10/2024 In control: Board of Legislators
On agenda: 8/5/2024 Final action: 8/5/2024
Enactment date: 8/5/2024 Enactment #: ACT-2024-146
Title: ACT-IMDA-White Plains, WP Housing Authority, Trinity Financial, Inc.
Sponsors: County Executive
Attachments: 1. ACT-IMDA-White Plains, WP Housing Authority, Trinity Financial, Inc.-DRAFT, 2. ACT-IMDA-White Plains, WP Housing Authority, Trinity Financial, Inc.-SIGNED BY COMMITTEE.pdf, 3. ACT-2024-146 Certified Copy

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ACT-IMDA-White Plains, WP Housing Authority, Trinity Financial, Inc.

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AN ACT authorizing the County of Westchester (the "County") to enter into an inter-municipal developer agreement with the City of White Plains, the White Plains Housing Authority and Trinity Financial, Inc., its successors or assigns, to fund certain infrastructure improvements as well as authorizing the County to grant and accept any property rights necessary in furtherance thereof, all for the purpose of constructing 174 affordable rental units at 161 South Lexington Avenue in the City of White Plains, that will affirmatively further fair housing and remain affordable for a period of not less than 50 years.

SUBMITTED BY: COMMITTEES ON BUDGET & APPROPRIATIONS AND HOUSING & PLANNING