Crannell Square

35 Catherine St Poughkeepsie, NY, 12601

ACCEPTING APPLICATIONS, AVAILABLE HERE

Completed in 2022, Crannell Square is a mixed-income affordable housing community located in Poughkeepsie’s Upper Mill Street Historic District. It brings to life a sustainable, lively, and pedestrian-focused environment in a formerly vacant parking lot. The building design pays homage to local architectural traditions; most notably, a recreated historic stoop and pedestrian plaza with benches and landscaping along the former Crannell Street path.

 

The project consists of one four-story building featuring 75 one-, two-, and three-bedroom units, including 12 supportive homes and 26 units with preference for income-eligible artists. There are five years reserves for individuals with mental health needs and seven for individuals with physical disabilities. Residents benefit from on-site supportive services through Hudson River Housing. Amenities include a community room, shared workspace, tenant lounge, laundry facilities, and interior/exterior bicycle storage. For artist residents, the lobby doubles as a gallery space at no cost, and there are two dedicated studios—one for performance practice and another as a shared creative space

 

The project was developed in partnership with Hudson RiverHousing and supported by Community Preservation Corporation, NYS Homes and Community Renewal, and other public/private stakeholders.This energy-efficient, LEED-certified development meets the NYSERDA Low-Rise New Construction standard and emphasizes environmental performance through high-efficiency HVAC systems, spray foam insulation, Energy STAR windows and appliances, and EPA certifications such as Energy STAR Homes v3.1 and Indoor airPLUS.

 

It received the following funding: $11.5M in equity from federal and state low-income housing tax credits, a $1.7M subsidy from NYS Homes and Community Renewal, $12M construction financing and $5.5M permanent financing via Community Preservation Corporation and NYS Common Retirement Fund. It also received $500K in HOME funds from Dutchess county, $2.9M in Brownfield Cleanup Tax Credits for the site remediation and $65K from NYSERDA for sustainable construction support.