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Galvan pulls housing proposal just before second vote at Common Council

Aug 19, 2020 6:33 am
The Hudson Common Council was set to vote for the second time on an affordable housing project for the city, but the Galvan Foundation withdrew the proposal for a payment in lieu of taxes, or PILOT, just before the Aug. 18 meeting. Last month the proposal for the tax break for the mixed-income housing complex proposal at 75 North 7th St. was defeated by one vote at the Common Council. The proposal was for a five-story housing complex, with 77 mixed-income apartment units, and 4,000 square feet of commercial space, at an estimated cost of $22 million. Earlier this month Galvan increased its annual payment in lieu of taxes offer to the city by 20 percent and committed to covering any increases in construction costs. There was also behind-the-scenes negotiations between council members and Mayor Kamal Johnson and Galvan officials to get the deal completed. Common Council members seemed upset at the meeting about the last-minute withdraw. Hudson Common Council President Tom DePietro, who is also a volunteer WGXC programmer, spoke at the meeting about the withdraw of the proposal. CLICK HERE TO PLAY THE EXCERPT OF DEPIETRO'S COMMENT. John Rosenthal, one of the Common Council members who voted against the proposal last month, said the Council will vote on a short-term rental regulation next month to address the affordable housing issue in the city. There was also discussion about resurrecting a dormant Hudson Housing Authority proposal for new rentals. WGXC had a live webcast of the Common Council meeting, which is available for download in the WGXC Audio Archives and in the WGXC Newsroom here.
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