IN 2022 ‘STATE OF THE TOWN’ ADDRESS, EAST HAMPTON TOWN SUPERVISOR PETER VAN SCOYOC CALLS HOUSING AFFORDABLILITY ‘SERIOUS AND IMMEDIATE’ THREAT TO WELL-BEING AND SUSTAINABILITY OF COMMUNITY; ANNOUNCES ‘ALL HANDS ON HOUSING’ INITIATIVE
At the start of 2022, the East Hampton Town Board began work on a host of wide-ranging efforts to tackle the need for affordable housing in the town, including the launch of several new construction projects and a review of town regulations and long-term plans to lay
the groundwork for future projects.
Each Town Board member is working to advance solutions to address the housing crisis as fast as possible, focusing on a specific aspect of the problem, in the Town’s most significant housing effort to date.
Read the State of the Town Address: https://www.ehamptonny.gov/DocumentCenter/View/11294/State-of-the-Town-2022-
Read the “All Hands on Housing” announcement, detailing Town Board member assignments: https://ehamptonny.gov/DocumentCenter/View/11340/All-Hands-on-Housing-press-release-final
New East Hampton Town Community Housing Initiatives Currently Under Way 2023
-- Community Housing Fund
Voters in the Town of East Hampton on Election Day, 2022, approved the establishment of a community housing fund, which will receive the proceeds of a new, half-percent real estate transfer tax that went into effect in April, 2023. This will provide an ongoing source of funding for a variety of community housing initiatives, as outlined under state law and in the East Hampton Town Community Housing Plan.
More Information on the Community Housing Fund
Other Ongoing East Hampton Town Community Housing Initiatives
The Town Board is preparing revisions to the Town Code regulations governing affordable accessory apartments, to incentivize the creation of this type of housing throughout the town.
Town Board work session Feb. 7, 2023 Proposed amendments to Affordable Accessory Apartments Regulations: https://ehamptonny.gov/DocumentCenter/View/16289/Draft-Amendments-Chp-255---Affordable-Accessory-Apartments
--Community Housing Opportunity Fund: Almost 20 years ago, the Town of East Hampton recognized the need to provide affordable housing for community members. The Community Housing Opportunity Fund was established and included in the town budget. In 2004, the Town adopted the Community Housing Opportunity Fund Implementation Plan, outlining a variety of strategies for creating affordable housing using these "opportunity funds." This money, earmarked for particular uses, will continue to exist alongside the new Community Housing Fund established in 2023. Both will be used to achieve affordable housing for East Hampton community members, according to their approved uses under law.