ALBANY—New York Gov. Andrew Cuomo announced on Thursday 80 awards across the state to repair, rehabilitate and preserve a total of 1,315 units of low-and moderate-income housing.
The competitive funding awards, which are administered by New York State Homes and Community Renewal agency were granted to municipalities, localities, and not-for-profit organizations engaged in housing low and moderate income residents.
"Every New Yorker should be able to live in housing that is safe, fair, and affordable," Gov. Cuomo said. "This funding will help not only those struggling with income, but provides services for seniors and the disabled. This investment in affordable housing will greatly improve the lives of families across this state and give more New Yorkers a place to call home."
More than $23 million in Community Development Block Grant awards were made, leveraging an additional $5 million in public and private resources. Additionally, more than $1 million in Access to Home awards were made, with every $1 in Access to Home funding leveraging $3 in additional funding, state officials note. RESTORE awards totalling $500,000 statewide will leverage other state and federal funding programs, such as Weatherization Assistance Program funding.
Geographically, the North County section of the state is receiving the most funding—$5,492,500, followed by the Southern Tier at $5,159,500. The Mid-Hudson region has three housing projects receiving a total of $1.2 million, while three projects in New York City have been awarded an aggregate of $350,000.
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