Westchester IDA Grants Incentives Approval for Senior Housing Project at 136-140 Croton Avenue in Ossining
The Westchester County Industrial Development Agency has given its final approval for financial incentives to support the construction of a $44.5 million affordable housing project designed exclusively for seniors aged 62 and older. The project, called Crescent Manor Ossining, will occupy a currently vacant site located at 136-140 Croton Avenue in Ossining.
Crescent Manor Ossining is planned to stand 3.5 stories tall and yield 74 units of affordable senior housing, catering to individuals at 40 to 60 percent of the area median income. Additionally, the project includes provisions for up to 3,500 square feet of retail and flexible community space.
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