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First Project Under NYS Housing Acceleration Fund Closes on Financing
By Paul Bubny,
2026-07-31New York State Homes and Community Renewal (HCR) Commissioner RuthAnne Visnauskas announced that the first project under the Housing Acceleration Fund launched last year has closed on construction financing. North White Plains, a $178-million mixed-use transit-oriented development in Westchester County and located directly across from the North White Plains Metro-North Station, will feature 296 mixed-income apartments, retail and publicly accessible open space. The fund provides self-sustaining loans to shovel-ready housing projects.
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