The developer who will build the 51 units of affordable housing at 2101-2105 Palmer Avenue in Larchmont tells us a bit more about what is planned. Two buildings,
with one and two bedroom units will be built for purchasers whose incomes range from $59,000 to $84,000 a year. These figures are based on percentages of the Westchester Median income of $106,000.
"We are not proposing anything different than what was approved," said Bill Balter, President of Wilder Balter Partners of Elmsford. "We are just selling them for a little bit less, at lower prices to people who make up the infrastructure of our communities."
The sale prices for the 10 one bedroom homes will average $160,000 and the sales prices of the 41 two bedroom homes will average $229,000, he said.
Five of the units will have priority as "workforce housing units," for, for example, full time Village employees, volunteer fire fighters and employees of the school district.
Balter also said the development will satisfy the affordable housing obligation of Larchmont to the County for the $1.5 million grant that Larchmont got from the County to build the turf field at Flint Park.
"The vast majority of the people who will end up living in our Larchmont development will be people who already have a Larchmont or Mamaroneck connection, Balter says. "Many of them will have parents or kids who live there. Many are now driving long distances to get to their job in the area and will choose to live here to cut down on their commute."
Balter will present the site plan and floor plans at the public hearing scheduled for Monday night, Nov. 22 at 7:30 at Larchmont Village Hall.