County of Westchester Board of Acquisition and Contract Agenda 2026-06-18
Subordination amended for Schlobohm housing subsidy
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Description
The Planning Department seeks to amend and restate a subordination agreement with Yonkers Preservation LLC and related entities to accommodate an additional $11,855,954 in New York State Housing Finance Agency subsidy for the Schlobohm Apartments in Yonkers. The action increases the prior lien amount ahead of County capital funding under Project BPL44.
Contract Details
Vendor
YONKERS PRESERVATION LLC
Agency
Westchester County, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 18, 2026
Renewal Info
Subordination terms revised to reflect increased NYS HFA subsidy and prior lien amounts; County lien remains subordinate.
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