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Title:
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Planning - Amend the agreement with Pawling Holdings, LLC, its successors or assigns, in order to increase the grant from the federal HOME Investment Partnership Program, by $40,000 from $855,587.43 to $895,587.43 and to change the expiration date from 5/31/23 to 11/30/23. The grant from the federal HOME Program will cover additional costs associated with the new construction of the four attached three-bedroom homeownership units. The units will affirmatively further fair housing and located at 259 North Ridge Street, Village of Rye Brook, and it is further that the County has required the Developer to file a Declaration of Restrictive Covenants which assures that the Units will be affordable to households whose income is at or below 80% of the County Area Median Income and will remain affordable for a period of not less than fifty (50) years.
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