Admiral Halsey Senior Village - Poughkeepsie, NY
Omni acquired the property in September 2007 with financing provided by the New York State Housing Finance Agency (HFA) through tax exempt bonds, secondary financing and Low Income Housing Tax Credits. The New York State Energy Research and Development Authority (NYSERDA) awarded grant funding to complete energy efficient measures. It underwent a 236 Decoupling upon acquisition whereby all existing tenants on the day of the acquisition received enhanced Section 8 vouchers.
A $3.4 million rehabilitation of the property was completed in 2008.