Dutchess County Executive Sue Serino continues her commitment to housing affordability and opportunity with the announcement of 100 new affordable units to be created in northern Dutchess with support from the Dutchess County Housing Trust Fund (HTF). The County Executive also announced her 2026 Executive Budget will include $1 million to sustain the HTF, continuing to create new housing options that are affordable and attainable for local neighbors.

With $2,315,000 in support from the County’s Housing Trust Fund, over 100 new affordable units will be developed in Red Hook and Rhinebeck:

New construction of 20 units of affordable rental workforce and homeownership housing. The rental units will be a mix of 1- and 2-bedroom apartments with income limits between 60% and 80% of the area median income (AMI). The single-family homes will be for low- to moderate-income homebuyers earning up to 80% of the AMI. Final approval is anticipated from the Village by the end of 2026 with construction beginning in 2027 and occupancy in 2028.

New construction of six buildings with a total of 80 units. The rental units will be a combination of 1-, 2- and 3-bedroom apartments with income limits between 30% and 80% of the area median income. Of the 80 units, 67 will be funded by the Housing Trust Fund. Conditional or final approval from the Town is expected by the end of 2025. Construction will begin in early 2026 with occupancy anticipated for the Fall of 2027.

“Access to safe, stable, and affordable housing is not just a social and moral imperative, it is an economic one. It underpins mobility, supports family resilience, and fuels the success of local businesses,” said Town of Rhinebeck Supervisor Elizabeth Spinzia.

These northern Dutchess projects follow $2.45 million in HTF funding County Executive Serino recently announced to support the development and preservation of more than 100 affordable housing rental units in Amenia and Poughkeepsie.

The County’s Housing Trust Fund has been an adaptive and responsive tool to support different projects that expand housing options and affordability. Serino continues her commitment and support of the HTF in 2026 Executive Budget with $1 million in new funding, allocating $500,000 from short-term rental revenue as well as $500,000 from the Community Benefit Fund she established in 2024.

Serino also continues the Property Rehabilitation Program in her 2026 Budget, helping existing homeowners with grants to make critical repairs to remain safely in their homes. Serino expanded the program in 2025 to help more low- and moderate-income residents ensure their homes meet current health, building, fire and other safety codes and help preserve housing stock for the future by preventing homes from falling into disrepair.

The Housing Trust Fund and the Property Rehabilitation programs are among several initiatives coordinated through the Department of Planning & Development to expand safe, affordable housing options.