A Lake Placid nonprofit is moving ahead with plans for another workforce housing development. Homestead Development Corporation’s Fox Hill project off Algonquin Drive would create 22 homes —16 single-family houses and three duplexes. The development is aimed at local workers and other community members who have struggled to afford homes in the area. The properties […]
A Lake Placid nonprofit is moving ahead with plans for another workforce housing development. Homestead Development Corporation’s Fox Hill project off Algonquin Drive would create 22 homes —16 single-family houses and three duplexes. The development is aimed at local workers and other community members who have struggled to afford homes in the area. The properties would carry deed restrictions designed to keep them affordable for future buyers. Homestead is also working to offset infrastructure costs to keep purchase prices down.

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