Spinney Hill Homes I & II
35A Pond Hill Road
Great Neck, NY 11020
Tax Credit Property
Spinney Hill Homes is a 102 unit affordable multi-family property located in the upscale community Great Neck, NY. The apartment facility offers 18 one bedrooms, 60 two bedrooms, 17 three bedrooms, and 7 four bedrooms. Each dwelling unit includes a dishwasher, range/oven refrigerator, disposal, individual water heater, central heating and air conditioning, and washer/dryer. The property was originally built in 1950 and underwent a major renovation in 2009-2010.
The residents now enjoy amenities including a community room, a playground, and a business/computer area with high-speed internet access. The property was a joint venture development between Whitney Capital Company, L.L.C. and the North Hempstead Housing Authority.
Financing for the development was provided by the New York State Housing and Community Renewal Agency, New York State Housing Finance Agency, Federal Home Loan Bank, Nassau County IDA, and Nassau County Home Funds. Construction of the property was completed in 2010.