Bourne & Kenney — Newburgh affordable housing

Project and timeline

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 the Bourne and Kenney communities for households up to 60% AMI. The operator identifies Contour Housing Partners and Newburgh Housing Authority as the development team.^[1]

Leasing and eligibility

Planned / coming-soon project. The current page provides project information or an interest form; an open application window and move-in date were not verified.

Rent

Dollar rents were not verified in the project-specific sources checked. Income limits do not establish a fixed 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^[1][4]
• 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^[4]
• Affordability: all apartments stay affordable for at least 40 more years, with at least 140 project-based vouchers targeted from the Housing Authority^[4]
• 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^[4]
• 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^[2][3]
• 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^[5]
• Status caveat: the operator page still says pre-development; no opened source confirms closing or financing approval, or a total budget^[1]

Site and why it is being rehabilitated

• The 205 homes are in two existing complexes in the City of Newburgh, the Bourne tower and the Kenney garden-style community, which the operator describes as studio to four-bedroom homes for households earning up to 60% of area median income.^[1]
• In January 2026 nearly 100 Kenney tenants described weeks without heat and hot water, mold, broken appliances and crumbling floors under the current owner; News 12 reported 64 code violations in January alone and the New York Attorney General is suing the owner.^[5][6]

Approval and opposition

• The Newburgh City Council passed the PILOT 7-0 with one abstention on 13 April 2026, the third time it came before the council; council members first held it back in February to strengthen the renovation commitments, and the final text ties the tax incentive to passing inspection and holding a rental license.^[2][5]
• Council members spoke in support of the accountability terms; no organised opposition to the rehabilitation itself appears in the coverage opened, only skepticism in February about giving a tax break while the current owners had unresolved violations.^[2][5]

Financing, construction and timeline

• Pennrose's April 2026 deck lists HCR financing approval for May 2026 and acquisition closing with construction start for August 2026, with completion scheduled for March 2028. No opened source confirms the financing award or closing, so the pin stays Proposed.^[4]
• The operator page still says the project is in pre-development.^[1]

Cost

• No total budget is published. The only figure in the coverage opened is the developer's request for up to $3 million in tax relief over 33 years.^[5]