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October 29, 2024
Ulster County Affordable Rental Upgrade Program (ARUP) application window is open
Kingston, NY—In partnership with Ulster County and the City of Kingston, RUPCO is excited to announce the return of the Ulster County Affordable Rental Upgrade Program (ARUP), providing vital financial support to small landlords for rental property repairs that improve tenant safety, energy efficiency, and address code violations. This program offers landlords a unique opportunity to receive grants of up to $25,000 per unit in exchange for maintaining affordable rents for low- and moderate-income tenants.
To qualify for ARUP grants, Ulster County landlords must own eight or fewer rental properties that currently rent to or (commit to renting to) tenants whose annual household income (gross) is at or below the following limits:
Tenant Annual Household Income Limit (Gross)
| Household Size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Gross Household Income Limit at 60% of the Area Median, up to $25,000 award/unit | $46,920 | $53,640 | $60,360 | $67,020 | $72,420 | $77,760 | $83,160 | $88.500 |
| Gross Household Income Limit at 80% of the Area Median, up to $15,000 award/unit | $62,550 | $71,500 | $80,450 | $89,350 | $96,500 | $103,650 | $110,800 | $117,950 |
Other terms and conditions may apply.
“Affordable housing is a cornerstone of a strong, thriving community,” said Faith Moore, Senior Vice President of Housing Programs and Solutions at RUPCO. “With the ARUP, we can support small landlords in making essential repairs while ensuring long-term affordability for renters. It’s a win-win for everyone involved.”
Landlords interested in applying for ARUP funding can download an application by visiting www.rupco.org/arup or call 845- 331-9860 x 257 for more information. Applications will be reviewed on a first-come, first-served basis.
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About RUPCO
RUPCO creates homes, supports people, and improves communities across a broad spectrum of community development solutions, including housing, historic preservation, and neighborhood revitalization in the Hudson Valley. RUPCO creates and maintains quality, sustainable housing and rental opportunities, inspires understanding and acceptance of affordable housing initiatives, and champions pathways to opportunity. For more information, visit www.rupco.org
About RUPCO’s HomeOwnership Center
RUPCO’s NeighborWorks® Homeownership Center has HUD-certified housing counselors to guide and support homebuyers and homeowners in making informed decisions based on their homeownership needs. The Center has assisted thousands of Hudson Valley families with navigating the first-time homebuyer process since its opening in 2004. In addition, the Center also offers foreclosure prevention counseling and administers home repair programs for existing homeowners when eligible and available. For more information visit: www.rupco.org/homeownership-center/