The Town of Huntington Community Development Agency recently broke ground on a 14-unit affordable housing complex for veterans.
Located on the corner of Lowndes Ave. and Railroad Street in Huntington Station, Columbia Terrace will be the town’s newest transit-oriented development when construction is complete.
“This project has been ten years in the making, and the Community Development Agency is ecstatic that Columbia Terrace is finally being built,” said Leah Jefferson, CDA director. “Veterans deserve affordable housing, and it is our pleasure to make it possible here in the Town of Huntington.”
In 2010, the CDA was awarded a $1.56 million grant from Empire State Development grant to build the condominium project, which was recently extended through the end of 2019. An additional $2 million dollars was borrowed from the Affordable Housing Trust Fund and will be paid back after the sale of the condo units.
Columbia Terrace will have 6 one-bedroom units and 8 two-bedroom units, which are estimated to sell between $200,000 and $220,000. Potential homeowners will be selected from a housing lottery pool, and the town hopes that veterans will be able to start moving in before the end of the year.