By Andrea Harwood
Habitat for Humanity of Northern Saratoga, Warren & Washington Counties is working hard to expand the traditional one- and two-family homes model they’ve been utilizing for years.
Its new project is called Fairfield, a 25-unit, mixed-income development project intended to do that.
The property is located on Baybridge, off of Bay Road near SUNY Adirondack in Queensbury, at Fairfield Properties.
“Habitat for Humanity is thrilled to start moving beyond our standard operating model of single family residences. We want to support as many humans as possible. To do that, we need to think beyond one or two homes a year,” said executive director Adam Feldman.
The condo project is intended to create more home-buying opportunities to more low- to moderate-income families in the area. Standard condominium models of separate ownership of individual units and joint ownership of common areas, such as stairways and yard spaces ,will be followed. Owners receive a deed in the same fashion as purchasing a single-family property.
This is not the first time a Habitat for Humanity affiliate has executed a project like this. Habitat for Humanity Sarasota in Florida successfully created a 72-unit mixed-income condominium development intended for home ownership in 2002.
The development of the Fairfield property will create owner-occupied units between $175,000 and $350,000, all varying in floor plan and square footage. Roughly 30 percent of the units will be sold to low- to moderate-income Habitat for Humanity partner families.