Acquire land
Acquire or secure control of land suitable for new construction, subject to mission fit, zoning, utilities, environmental conditions, and financing feasibility.
A proposed New York nonprofit housing developer
Building Communities for Generations.
Hearthmont is being formed to acquire land and build new, high-quality affordable housing that expands opportunity for low- and moderate-income households and strengthens Hudson Valley communities.
What we do
Turning suitable land into lasting, affordable homes
Hearthmont is envisioned as a professional, long-term developer, combining real estate execution with strong partner and community relationships.
Build new
Build new rental apartments, independent senior housing, and affordable homeownership from the ground up, where demand and funding support the project.
Partner
Work alongside experienced nonprofit and for-profit affordable housing developers, lenders, municipalities, and public agencies to deliver each project well.
Why it matters
In the Hudson Valley, rents have outpaced renter wages
Housing costs above 30% of income are considered a cost burden. In Orange and Rockland counties, a tenant earning the average renter wage would spend far more than that on a one-bedroom apartment. Even two working tenants sharing a two-bedroom apartment would spend 35% and 51% of income, respectively.
Meeting this need at scale requires disciplined development, patient capital, public-private cooperation, and a long-term commitment to the people served.
Our founding story
Where we’ll start
Hudson Valley first, beginning in Orange, Rockland, and Westchester
Our initial focus is Orange, Rockland, and Westchester counties, with selective expansion to Sullivan County and other Hudson Valley markets where affordability need, approvals, infrastructure, and financing align, and potential expansion across New York State over time.
See our development modelInitial geography
Orange CountyRockland CountyWestchester County
Selective expansion
Sullivan CountyOther Hudson Valley marketsNew York State
Have land, capital, or a project in mind?
We want to hear from municipalities, landowners, lenders, developers, and housing agencies across the Hudson Valley.