Politics & Government

Freeport Development Gets $12M In State Benefits From Hochul

The funding was announced Tuesday as part of a $240 million round of tax credits and subsidies.

New York Gov. Kathy Hochul speaks at a news conference, Feb. 20, 2025, in New York.
New York Gov. Kathy Hochul speaks at a news conference, Feb. 20, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)

FREEPORT, NY. — A 70-unit senior living development in Freeport got $12 million in state benefits this week, as Governor Kathy Hochul announced over $240 million in tax breaks and subsidies for projects statewide.

Freeport’s Bishop Ronald H. Carter Manor development was greenlit in 2023, with plans to create 70 apartments on a .69-acre plot at 106 Broadway. Some of those apartments were planned to be for the elderly, with developers claiming the project would generate 30 construction jobs and two permanent jobs.

In Tuesday's announcement, Hochul said the planned construction had risen to 80 units, with affordable and senior housing planned for a development that will share a parking facility with Refuge Church of Christ of Roosevelt.

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Tuesday's announcement will bring $9,000,000 in New Construction Program (NCP) benefits to the project, with an additional $3,000,000 coming in from low-income housing tax credits. The Levittown-based developers, D&F Development Group, could not be reached for comment Thursday.

“The housing crisis won’t solve itself. If we want New York to remain a place people can afford to call home, we have to act with urgency,” Hochul said. “That means building more housing in every region and making targeted investments to expand affordable homes for people of all ages and phases of life including working families, seniors, and people living with disabilities.”

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The governor said the funding is part of a five-year plan that seeks to preserve over 100,000 affordable homes across the state.

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