YONKERS, NY: Westhab has purchased a site where they have been providing affordable housing and services since 1984.
For decades, Westhab had a handful of properties in its portfolio, including Westhab Limited Partnership Number One, also known as the Windham.
Westhab had leased the abandoned hotel in 1983 and converted it into 63 Single Room Occupancy units for both homeless and permanent residents.
This allowed Westhab to help address the mushrooming homeless population in Westchester County in the 1980s while also continuing to pursue its primary mission of creating more affordable housing.
In the mid-2000s, the aging Windham got a full makeover, including structural work and converting to a capacity of 45 tenants, with 15 new studio apartments for disabled veterans.
Some thought Westhab would not be able to afford to buy the Windham when the current lease expired in 2031.
This caused Westhab began negotiations with the Windham’s ownership that led to the $2.2M deal.
Help came from the Westchester County New Homes Land Acquisition funding program.
There was also financing from the Leviticus Fund to help Westhab seal the deal.
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