Housing Resources

Housing Resources

 

Housing Options Currently Available 

 

 

  • Wesvalley Housing Partnership

Managed by Franklin Community Housing Council

Local contact is Julie Karpp, jkarpp@thefchc.com, 518.523.1300

 

 

 

Housing Assistance Resources

 

Adirondack Community Housing Trust (ACHT):  To learn more about assistance for purchasing a home, contact:

P.O. Box 157

103 Hand Avenue

Elizabethtown, NY 12932

Phone: 518-573-6888

Fax: 518-873-9102

Email: info@adkhousing.org

 

Ausable Valley Habitat for Humanity:  to possible participate in or volunteer for the locally run affiliate of Habitat for Humanity International, contact:

PO Box 157

103 Hand Ave.

Elizabethtown, NY 12932

Phone: 518-873-9245

Email: ausablevalleyhfh@gmail.com

 

Housing Assistance Program of Essex County (HAPEC): To apply for rent subsidy assistance, home repair and home buying assistance, contact:

PO Box 157

103 Hand Avenue

Elizabethtown, NY 12932

Phone: 518-873-3691

Fax: 518-873-9102

 

Housing Weatherization Assistance

 

NYS Homes & Community Renewal Weatherization Assistance Program:  to learn more and apply for assistance in reducing heating and cooling costs, contact:

Adirondack Community Action Programs Inc.

Weatherization Office: 518-873-3207 or call toll free 1-877-873-2979

E-mail: cwenzel@acapinc.org

 

Access the Weatherization Assistance Application Packet below under Documents. 

 

 

New Housing Developments

 

In 2020, the Town of North Elba and the Village of Lake Placid (eg. Lake Placid) completed a Joint Community Housing Needs Assessment.  The study identified critical housing issues facing the Lake Placid community with a focus on preserving a year-round working population. Results of the study were published and shared with the community in early 2020. 

 

Since then, the Town and Village have collaborated with several organization to propose new housing opportunities intended to support a year-round working population.   

 

The following new developments have been approved by the Planning Review Board.  For questions regarding eligibility contact Haley Breen, Town of North Elba / Village of Lake Placid Development Director, lpinfo@villageoflakeplacid.ny.gov.  

 

 

Fawn Valley

 

  • A small development of condominiums and single-family homes located off of Wesvalley Road near Sara-Placid Road / Rte 86. 

  • A total of sixteen (16) two-bedroom condominiums and six (6) two-story cape cod homes available for purchase, and intended to support working families.  

    • Residency requirements and future sales price conditions would be included in the deed.

  • Those whose incomes are at or less than 200% of AMI are eligible to purchase either a home or condominium.  

    • Three (3) of the sixteen (16) condominiums will be set aside as for families at or less than 80% of Area Median Income (AMI).

    • See the AMI table below for details. 

  • Site preparation is planned for 2021.

  • Short-term rentals prohibited. 

  • Access Homestead Development Corporation to learn more.  

 

 

MacKenzie Overlook 

 

  • The Lussi family helped to establish this complex with one- and two-bedroom apartments on the hill behind the Crown Plaza, off of Wesvalley Road near Cummins Road. 

    • The plan includes sixty (60) apartments in total: 40 one-bedroom and 20 two-bedroom.  Those making 50% - 60% of Area Media Income (AMI) are eligible to rent the apartments for longer terms.  

    • It is anticipated that there would be a minimum charged for each apartment type, that is a minimum for a one-bedroom and a minimum for a two-bedroom.  A renter would pay either the minimum for the apartment or 30% of the household’s income.  See the AMI table below for details. 

  • Site preparation is underway and the apartments would be available for rent in early 2023. 

  • Contact information will be available at a later date.

 

The Peaks

 

  • This project includes 265 one-, two- and three-bedroom apartments for rent for a minimum of six (6) months.

    • The apartments will be in thirteen (13) "lodge" buildings and have nine (9) parking garage buildings.  The apartment portion of the property will also include a clubhouse.

    • Two hundred twenty eight (228) apartments would be available at rents equal to or less than 30% of the 150% Area Median Income (AMI) for a household of four (4).

    • Thirty seven (37) apartments would be set aside for those whose household income is equal to or less than 120% of the Area Media Income (AMI) for a household of four (4).

    • See the AMI table below for details. 

    • Site preparation is underway and the apartments will be available in early 2023 for rent for a minimum of six (6) months.

  • Additionally, ninety (90) condominium units will be available for purchase at market rate.

  • The Peaks will be located on the former W. Alton Jones Cell Science Center property near the Lake Placid Price Chopper on 34 acres and accessible by Barn Road. 

  • Short-term rentals would not be supported in either the apartments or the condominiums.

  • Contact information will be available at a later date.  

 
 

Area Median Income

 

The Housing and Urban Development department of the U.S. Government has established a way to help communities set income and rent requirements when providing affordable housing.  This method is known as the Area Median Income (AMI). 

 

The AMI the midpoint of a region's income distribution, meaning that half of households in a region earn more than the median and half earn less than the median.  A household's income is calculated by its gross income, which is the total income received before taxes and other payroll deductions.

 

For reference the Essex County, New York AMI table is provided below under “Documents”.   

 

If you have questions about this example or need more help in determining your eligibility, please send an email to lpinfo@villageoflakeplacid.ny.gov.  Please include information on how you can be reached. 

 

 

 

Documents:
Area Median Income (AMI) table for Essex County - most recent version
Fawn Valley Narrative (PDF - 133.9 KB)
Narrative describing the Fawn Valley development and Homestead Development Corporation
Fawn Valley Site Rendering (PDF - 1010.1 KB)
Overhead rendering of Fawn Valley houses and condominium buildings
The Peaks Narrative (PDF - 286.8 KB)
The Peaks narrative
The Peaks Site Plan (PDF - 1.1 MB)
Site plan for The Peaks showing renderings of buildings
Rendering of the garage building at The Peaks
The Peaks Lodge (PDF - 1.1 MB)
Rendering of The Lodge building in The Peaks
Application packet for the Weatherization Assistance Program
© 2021 Village Of Lake Placid Village, Inc., Essex County