KINGSTON – Nonprofit housing organization RUPCO has secured an almost $3.5 million funding award from the State’s Empire State Development Mid-Hudson Momentum Fund, which will be used in development of the agency’s Red Hook Gateway Project.
The mission of the project is centered around mixed-income and mixed-use development aimed at transforming the landscape of the Village of Red Hook while preserving its agricultural heritage.
The Red Hook Gateway Project is a collaborative effort involving RUPCO, the Town and Village of Red Hook, Scenic Hudson and the Dutchess County Land Conservancy.
The development will conserve 97 acres of farmland while transforming 12 acres into a hub of affordable housing, commercial space, and job opportunities.
The development plans consist of building up to 40 energy-efficient homes to meet passive housing standards, significantly reducing carbon footprints and enhancing the quality of life for residents.
Among the homes will be 20 affordable one- and two-bedroom rental apartments with a workforce preference, as well as 20 single-family homes for purchase by low-moderate first-time homebuyers earning up to 80 percent to 100 percent average median income.
The project also includes repurposing an existing barn, which aims to generate jobs and stimulate economic activity in the area, while adjacent farmland will be made available at an affordable price to uphold the town’s tradition of agriculture.
