Nyack is fortunate to have housing resources that provide alternatives for low-income residents. Affordable housing in Nyack consists of a combination of units owned by the Nyack Housing Authority (NHA) and private landowners participating in housing programs funded by New York State (NYS) and the federal government under the Housing and Urban Development Corporation (HUD).
The Authority owns and operates Waldron Terrace for families and Depew Manor for senior citizens. Separately and not part of the NHA are privately held facilities that operate under NYS and HUD housing programs which include Rockland Gardens, Nyack Plaza, and Tallman Towers.
The Authority owns and manages 2 facilities (total 164 units) exclusively for qualifying Nyack residents. The Authority also administers state and federal housing programs under HUD Section 8 that provides assistance for privately owned facilities. Nyack has had approximately 500 units of affordable housing since 1980 that range in size from studios to 4 bedrooms.
Rockland Gardens is owned by Alan Yassky, who signed a 30-year contract with HUD in 1980 to commit the facility to house low-income tenants. Located at the corners of First Avenue and Sickles on North Franklin, Rockland Gardens has 68 apartments in a mixed complex for senior citizen and families. Tenants pay 30% of their incomes, less HUD approved allowances for children, medical costs, etc. The federal program pays the difference between this amount and the fair market value for the apartment.
Nyack Plaza was built by the Robert Martin Corporation in 1980 under a 20-year guaranteed mortgage contract from HUD in exchange for committing the property to low income tenants. The Plaza has a total of 173 units with senior housing in the elevatored tower at the corner of Depew and South Franklin. Family housing is spread over the northeast side of that corner and between Depew and Hudson, to the south. Recently the contract was renewed for a 1 year period, during which time a longer contract will be negotiated.