Working in the Village of Freeport in Nassau County, Long Island, New York, Regan Development is about to commence construction on a brand new affordable rental building with 31 apartments dwelling units to be developed on vacant real property located at 206 Smith Street.
The development involves the new construction of a two-story elevator building with one studio apartment, 28 one-bedroom apartments, and 2 two-bedroom apartments. Additionally, the development will have a live-in superintendent. The apartments will serve a broad range of households of differing incomes with a range of incomes up to 80% of Area Median Income (“AMI”) for Nassau County. Eleven apartments will help households earning up to 50% and 60% of AMI. Ten apartments are designated supportive units for special needs households earning up to 50% of AMI. Options for Community Living, Inc. will provide on-site support and services for the supportive unit residents.
Increasing access for senior and those with disabilities, all 31 apartments will be visitable and adaptable. Ten percent of those apartments will be built as accessible and adapted for residents with mobility or hearing/vision impairments. The building design offers superior quality and condition with high quality finishes and amenities, an elevator, community space within the building, and landscaped outdoor recreation spaces. The property and building will be smoke-free. High-speed broadband services will be provided for all residents at no additional cost.
Regan Development is proud to partner with the Village of Freeport, Nassau County’s Industrial Development Agency, New York State Homes and Community Renewal and Regions Affordable Housing to create this opportunity for people in Nassau County.