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Peconic Crossing

2014 0128 Blue river revised

Riverhead IDA hears request for assistance from developers of proposed low-income apartments on W. Main St.

by Dec 2, 2014
Thirty-three of the 48 units must be affordable to households 60 percent of area median income or less. The maximum household incomes would be: $44,150 for one person; $50,450 for two people; $56,750 for three people; and $63,050 for four people. Six units must have a cap of 50-percent of median income. Nine will be rented 'at market rate.'