Applications Open Sept. 17 for $5M in Grants to Homeowners for ‘Plus One’ Home Program
Posted September 9, 2024
Public Workshops Planned for Income-qualified homeowners to Build Affordable Accessory Dwelling Units
KINGSTON, NY – Ulster County is partnering with RUPCO and eight municipalities to launch Round 2 of the ‘Plus One’ Accessory Dwelling Unit (ADU) Program, which provides financial assistance to Ulster County homeowners for the construction or rehabilitation of code-compliant ADUs. The program is made possible through a $5 million award secured by the Ulster County Planning Department from New York State Homes and Community Renewal.
The partnering municipalities include the City of Kingston, Towns of Lloyd, Rosendale, Saugerties, Ulster, Woodstock, and Villages of Ellenville and New Paltz. Partnering municipalities were selected due to their ADU-friendly zoning policies and access to public water and sewer systems, which significantly enhances ADU feasibility and cost-effectiveness. Applicants' properties must be located in one of these eight municipalities to qualify for funding, with approximately five grants awarded to homeowners in each municipality.
Applications for Round 2 of the program will open on September 17 and close on November 18. The program has a priority application window of October 14; applications submitted on or before October 14 that are “shovel-ready” projects (i.e., where the homeowner is prepared to submit or has submitted planning/building permits for the project) will be prioritized for funding. Applications can be found on the RUPCO website, here: https://rupco.org/plusone.(link is external)
Eligible homeowners earning 100% or less of Ulster County's Area Median Income (i.e., $111,700 for a 4-person household, $78,200 for a 1-person household), can apply for up to approximately $125,000 for ADU construction or rehabilitation through the program. In return, participants agree to rent the unit at an affordable rate (Fair Market Rent) to income-eligible tenants for a minimum of 10 years. Priority will be given to households who choose to rent to residents earning up to 60% of Ulster County Area Median Income. Homeowners can also use the unit to house a family member.