Previously-Empty Ossining National Bank Renovated; Home to Commercial Space and Low-Income Households

Thanks to an 18-month, $4.6 million renovation project, the old, boarded up Ossining National Bank on Main Street, which has been empty since 1966, is now back in use once again. Now, the structure is home to street-level commercial space, as well as 12 income-restricted condos above. For eligibility, a one-person household must earn under $59,000 a year, and for two people, the combined income must be under $67,400 a year.

The building was completely redone with $1.2 million in funding from the county, $480,000 from New York State Affordable Housing Corporation, and a $2.6 million mortgage and the firm’s own equity.

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