Lottery applications for Gleneagle Green, the affordable housing apartment complex on Atlantic Avenue in Bellport, could emerge as early as December or January, said Peter Florey, director and developer of D&F Development Group, which oversees the project.
âWe’re going to make them available through the Greater Bellport East Hagerman Alliance, some of the local churches, through Brookhaven Town, the office of City Councilor LoGuercio,â Florey said. “Also the Boys & Girls Club of the Bellport area, if they are interested in getting the information out, and of course, online for those who have the ability.”
Florey said the big qualifier is income; the range is $ 35,000 to $ 75,000 in annual income. âWe also look at the credit history,â he said.
The nine-building, two-story complex offers 70 units, a community center, structured play area, seating areas and landscaping on 9 acres. It will be closed. A super will be rented for the locals.
The project is under Bellport Residences LLC; LPD Management under D&F Development Group, will manage the property.
Florey said that despite COVID, the project went well.
âWe haven’t had any significant delays or cost overruns,â he said. âSo far everything has gone very well. We are installing a new wastewater treatment plant and we are almost done with that process. We bought a lot of the materials before we started over a year ago, before the prices of lumber and other materials went up. We have seen increases and we have had to absorb them. But so far we’ve been doing fine because we were seen as essential during the shutdown. And we closed the project in May 2020. â
Seventy families would benefit, or about 200 people, said Florey.
Florey said the project received $ 1,530,000 from Suffolk County Economic Development.
âThe reason funding is important is that we subsidize equity,â Florey explained. âThe financing reduces debt, which makes it possible to charge lower rents. It is a one-time grant.
Greater Bellport Coalition Chairman John Rogers said the community is satisfied that everything they asked for in the project has been met.
“He has built some nice apartments and they will be billed at rents that people in the neighborhood can afford, which is the median income for the area, not the median income for the county – that was the demand. more important, âRogers said. “And he hired people for jobs there and aesthetically the units are nice.”
Rogers said the coalition meets with Florey every few months; the last gathering with the developer was in August.
âWe have monthly meetings with the coalition to discuss what openings are available on this site, how many there are, and we have a list of residents interested in the work,â Rogers said. âNow things are sort of ending. “
Fred Combs, executive director of BHEP and interim general manager of the Bellport area Boys & Girls Club, said community interest was high.
âFor me, the rents are quite affordable and we get calls every day asking, ‘When are the housing applications coming in?’ Combs told Advance. “In my last conversation with [Peter Florey], he said they would be at BHEP. I let him know that those who don’t have a computer can come to BHEP. We have several. Combs added that there will be a credit check.