Tuesday, November 19, 2024

HHA Seeking to Renew Its Option to Buy

At the end of October, the Hudson Housing Authority (HHA) asked Hudson Community Development and Planning Agency (HCDPA) to extend the second year of its exclusive option to buy three properties currently owned by HCDPA for two months--from October 31, 2024, to December 31, 2024. HCDPA agreed to the extension at a special meeting on Monday, October 28. Last night, the HHA Board of Commissioners passed a resolution to request that HCDPA extend the option for another year on just two of the three properties and make the $25,000 payment required by the option agreement. The two parcels HHA is still considering for development are what remains of the community garden at Second and Columbia (202-206 Columbia Street) and the lot at the end of Warren Street (2-4 Warren Street), now an urban renewal era park.

202-206 Columbia Street
2-4 Warren Street
You can hear the resolution read aloud by Jeffrey Dodson, executive director of HHA, here, beginning at 10:30.

Also it last night's HHA meeting, it was mentioned by Nick Zachos, who is part of the Redevelopment Committee, that the idea of extending First Street from Columbia to State, which was part of the original master plan, has been abandoned.

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2 comments:

  1. 🤔 Curious if the newly formed US DOGE (Department of Government Efficiency) may impact HHA via federal or state funding changes.

    📉 The bond and muni markets are already seem to be pricing in the uncertainty, regulatory changes, and potential for reduced federal spending...

    cc Eu TZ of MountCo - what do you think?

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    1. Maybe worthwhile pointing out that this Department of Government Efficiency is deceptively labeled. It's not an actual department with executive powers but rather an advisory board.

      That aside, it's not inconceivable to me that this new administration might be skimpier when it comes to grant monies.

      HUD meanwhile has been stingy for a while and as far as I understand it, a lot of housing-related grants nowadays are coming from the state.

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