RESOLUTION NO. 355 -2015, AUTHORIZING AMENDMENTS TO AFFORDABLE HOUSING DEVELOPMENT AGREEMENTS FOR MILLENNIUM HILLS TO EXTEND THE AFFORDABILITY PERIOD AND TO AMEND THE REPAYMENT OBLIGATIONSAffordable Housing Development Agreement • December 28th, 2022
Contract Type FiledDecember 28th, 2022WHEREAS, pursuant to Resolution 337-2002, the County of Suffolk and the Town of Huntington executed a Development Agreement and Plan, dated July 15th, 2002, pursuant to which real property in the Town of Huntington was acquired for the development of 84 affordable housing units, 44 of which were designated as home ownership and 40 of which were designated as rental units owned by the Millennium Hills Housing Development Fund Corporation (“MHHDFC”), a non-profit housing entity, in the development known as “Millennium Hills”; and