$500,000 mini-permanent loan – 15 affordable housing units, 6,900 SF commercial/community space
Built in 1874, the Poughkeepsie Underwear Factory sat vacant for years, at once serving as a symbol of Poughkeepsie’s rich history of production and its economic decline. Hudson River Housing has given new life to this historic building by accessing low-cost financing that Leviticus received through the CDFI Fund’s Healthy Food Financing Initiative. A key project in HRH’s health-focused Middle Main Initiative, the project includes affordable homes, arts-centered commercial space, and facilities for healthy food programs, including pop-up restaurants, nutrition and culinary education, and a shared-use commercial kitchen for start-ups.
The historic building is now a new symbol for Poughkeepsie: it is the centerpiece of the city’s revitalization.
