County of Westchester - File #: 110017

• File #: 110017
• Type: Resolution
• Status: Passed
• File created: 11/25/2024
• Meeting Body: Board of Acquisition and Contract
• On agenda: 12/5/2024
• Final action: 12/5/2024
• Title: Planning - Enter into an Inter-Municipal Developer Agreement (the "IMDA") with the City of White Plains and Trinity Financial, Inc., its successors or assigns, to fund the construction of certain infrastructure improvements, with County administrative costs and other related work in support of the affordable housing Development to be constructed at 161 South Lexington Avenue in the City of White Plains, in an amount not to exceed $8,134,000 from Capital Project BPL1A-Housing Implementation Fund II and to grant and accept all necessary property rights in connection therewith for the purpose of creating 174 rental housing units that affirmatively further fair housing and the funding for the infrastructure work will be governed by an IMDA and the acceptance of all necessary property rights as shall be approved by the County Attorney.

Date	Action By	Action	Result
12/5/2024	Board of Acquisition and Contract	approved	Pass

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Planning - Enter into an Inter-Municipal Developer Agreement (the “IMDA”) with the City of White Plains and Trinity Financial, Inc., its successors or assigns, to fund the construction of certain infrastructure improvements, with County administrative costs and other related work in support of the affordable housing Development to be constructed at 161 South Lexington Avenue in the City of White Plains, in an amount not to exceed $8,134,000 from Capital Project BPL1A-Housing Implementation Fund II and to grant and accept all necessary property rights in connection therewith for the purpose of creating 174 rental housing units that affirmatively further fair housing and the funding for the infrastructure work will be governed by an IMDA and the acceptance of all necessary property rights as shall be approved by the County Attorney.

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B. Lopez