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Residential construction · Diperiksa 2026-10-30
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205 affordable homes (studio to four-bedroom), rehabilitated in place
“preserve and revitalize 205 much-needed affordable homes”
March 2028
“Construction completion is scheduled for March 2028”
Pre-development; purchase agreement signed, HCR financing and closing not confirmed
“Currently in pre-development, the Bourne & Kenney Apartments redevelopment is anticipated to move forward in 2026”
Contour engages the seller
“Engaged Seller: May 2024”
Memorandum of understanding executed with Newburgh Housing Authority
“Executed MOU with NHA: April 2025”
PILOT proposal submitted to the City Manager
“Submitted PILOT Proposal to City Manager: May 2025”
Purchase and sale agreement executed
“Execution of Purchase & Sale Agreement: June 30, 2025”
Financing application submitted to NYS HCR
“Financing Submission to NYS HCR: November 2025”
State and National Park Service historic-preservation approval
“SHPO & NPS Approval of Historic Preservation: January 2026”
City Council approves 33-year PILOT (7-0, one abstention)
“The resolution passed 7-0, with Councilmember Ronald Zorilla abstaining.”
HCR approval of financing (planned, not confirmed)
“HCR Approval of Financing: May 2026”
Acquisition closing and construction start (planned, not confirmed)
“Acquisition Closing & Construction Commencement: August 2026”
Estimated completion
“Construction completion is scheduled for March 2028”
We’ve made so many calls, and nothing is being done.
This is a vote between keeping them with the current slumlord or giving them a chance at renovation,
This puts the onus on us, it ties it to performance, and we have to make sure that our codes are firing on all cylinders because the agreement ties to violations,
This PILOT will be instrumental in making sure the tenants who currently live in these apartments get fully renovated apartments,
| Hudson Valley Press: Kenney tenants demand answers (conditions under the current owner) · 14 Jan 2026 | -0.50 |
|---|---|
| News 12: new company may buy and renovate Kenney Apartments · 10 Feb 2026 | 0.40 |
| Mid Hudson News: Newburgh approves PILOT · 14 Apr 2026 | 0.40 |
| Mid Hudson Times: Council approves PILOT · 15 Apr 2026 | 0.80 |
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Dieditoleh @BuildDesk
… monthly rent. Consult the linked property leasing information. Scope: Contour Housing Partners, the preservation arm of Pennrose, plans to acquire and rehabilitate 205 existing affordable apartments, from studios to four-bedrooms, in the Bourne tower and the Kenney garden-style complex at 150 Smith Street, with the Newburgh Housing Authority as partner; income limit stays at 60% of area median income Planned work: new boilers and HVAC, electrical and plumbing repairs, new flooring and kitchen cabinets, fire-safety upgrades, security cameras and a reopened gym, done in place with 4-6 units at a time; the buildings have had no major funded upgrade since the late 1990s Affordability: all apartments stay affordable for at least 40 more years, with at least 140 project-based vouchers targeted from the Housing Authority Milestones in the April 2026 deck: seller engaged May 2024, PILOT proposal May 2025, purchase agreement signed 30 June 2025, financing application to New York State HCR in November 2025, historic-preservation approval January 2026. Planned next: HCR approval May 2026, closing and construction start August 2026, completion March 2028 Local approval: Newburgh City Council voted 7-0, with Ronald Zorrilla abstaining, on 13 April 2026 for a 33-year payment-in-lieu-of-taxes deal, the third time it was before the council. A first for the city, it ties the tax break to the buildings passing inspection and holding a rental license, so the incentive can be revoked if conditions slip Context: executives told the council in February 2026 they needed up to $3 million in tax relief over 33 years, while Kenney tenants had gone weeks without heat and the State Attorney General was suing the current owner Status caveat: the operator page still says pre-development; no opened source confirms closing or financing approval, or a total budget
Dieditoleh @ThePinGang
Project and timeline Property information reviewed October 10, 2026. Research verification date: operator listing and available program documents reviewed October 10, 2026. This is not an opening, construction-start or completion date; no original project milestone was established in the sources used.Opening date: projected opening March 2028 (month precision; no exact day published). Source: The Bourne Apartments - Resident Meeting, April 6, 2026 (Pennrose / Contour Housing Partners). Operator listing and program documents were last reviewed October 10, 2026. A proposed rehabilitation of 205 affordable homes at…
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Tanggal pembukaan / sewa pertama: proyeksi pembukaan dicatat hanya pada bulan tersebut (Maret 2028) di The Bourne Apartments - Resident Meeting, 6 April 2026 (Pennrose[4] / Contour Housing Partners); pinnya berada pada hari terakhir bulan itu. Belum dibuka: ini adalah perkiraan pembukaan, bukan tanggal yang dikonfirmasi. Keyakinan: sedang. Properti 205 unit yang sudah ditempati (Menara Bourne 150 Smith St, dilaporkan dibangun tahun 1954; Apartemen taman Kenney dilaporkan dibangun tahun 1965 - situs terdaftar, berbobot rendah; rehabilitasi LIHTC sebelumnya pada akhir 1990-an/PIS 2000 per dek Pennrose dan database LIHTC). Satu-satunya tanggal maju adalah jadwal pertemuan warga Pennrose/Contour 6 April 2026: penutupan akuisisi dan konstruksi dimulai Agustus 2026 (PILOT disetujui oleh dewan Newburgh 13 Apr 2026, 7-0), rehabilitasi yang ditempati penyewa selesai Maret 2028. Ini adalah penyelesaian rehabilitasi, bukan pembukaan pertama; jika pin memerlukan tanggal pembukaan asli, 1954 (Bourne) adalah satu-satunya angka yang bersumber tetapi tingkat kepercayaannya rendah.
Local paper reporting the 7-0 PILOT vote and inspection-linked conditions[1]
Mid-Hudson News report on the 33-year PILOT
Operator deck with rehab scope, milestones and March 2028 completion target[1]
News 12 report on the up-to-$3M tax relief request and tenant conditions
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Judul asli: Bourne & Kenney — Newburgh affordable housing
Tanggal pembukaan: proyeksi pembukaan Maret 2028 (tepatnya bulan; tidak ada hari pasti yang dipublikasikan). Sumber: Apartemen Bourne - Pertemuan Warga, 6 April 2026 (Pennrose / Contour Housing Partners). Daftar operator dan dokumen program terakhir ditinjau pada 10 Oktober 2026.
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