(June 15, 2026) Westchester County has officially launched its new $25M Housing Flex Fund II, designed to accelerated the development of affordable housing throughout the county.
Applications open on June 17, 2026 for developments “in need of the last bit of funding” to break ground on affordable housing production. The fund prioritizes projects in transit-oriented locations and areas with limited affordable housing options.
Westchester County Department of Planning Commissioner Blanca Lopez said: “Housing Flex Fund II provides developers with an important financing tool that will help close funding gaps and bring more affordable housing projects to completion. With our support of projects that are ready to move forward and located in communities with access to transportation, jobs and amenities, this program will have a lasting impact on housing availability throughout Westchester County.”
County Executive Ken Jenkins stated: “Every family deserves access to a safe and affordable place to live. Housing Flex Fund II is another example of Westchester County’s commitment to investing in solutions that create housing opportunities and support long-term economic growth.”
Eligible rental developments must provide housing for households earning 65% of the Area Median Income or below, while affordable homeownership developments may serve households earning up to 80% of the Area Median Income for a minimum of 50 years.
Read Westchester County’s full announcement here.