Governor Cuomo Announces $71 Million to Build Affordable housing statewide. governor andrew M. cuomo today announced that $71 million is now available through New York State Homes & Community Renewal (HCR) for shovel-ready projects to build affordable housing units across the state. HCR Commissioner/CEO Darryl C.
Announcement Complements Governor Cuomo’s Commitment to Revitalizing Buffalo’s East Side. Funding for the HELP Buffalo II includes $1.9 million from New York State Homes and Community Renewal’s Housing Trust Fund Corporation and $743,700 in Low-Income Housing Tax Credits that will produce more than $7.4 million in equity for the project.
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Governor Andrew M. Cuomo today announced that $37.2 million has been awarded to seven affordable housing developments in the Mid-Hudson Valley that will create or preserve 486 affordable homes.
Governor Andrew M. Cuomo today announced that construction has begun on the $7.35 million Riverview Apartments project in Cortland. When complete, the two-story, 39-unit building will provide affordable housing for low-income families as well as supportive housing for individuals who require behavioral health services.
Governor Andrew M. Cuomo today announced that construction is underway on a $67 million supportive and affordable housing project in the Bronx. The building being constructed, part of a larger mixed-use development known as La Central, will create 160 units of housing, including 97 supportive units for formerly homeless New Yorkers with special needs.
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4/3/2019 Governor Cuomo Announces Groundbreaking Of $37 Million Affordable Housing Development In The Town Of Cheektowaga | Governor. https://www.governor.ny.gov.
Youth Development: Governor Cuomo Announces 14 Programs to Receive $5.5 Million to Help At-Risk Youth and Combat Gang Violence. Governor Cuomo Announces $1 Million in Funding for New Clubhouse to Support Teens and Young Adults Battling Addiction:. NYS ocfs announces release of Groundbreaking Study of the Cost of Financial Exploitation in.
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The total cost of the housing development is $30 million. New York State Homes and Community Renewal provided $1,298,000 in Low Income Housing Credits that will generate $13,497,850 in equity; $469,692 in NYS Low Income Housing Credits that will generate $3,005,731 in equity; and $3,146,676 from the Housing Trust Fund.
Governor Andrew M. Cuomo today announced the start of construction of 397 affordable housing units at the Fountains Development in Brooklyn, which will ultimately include 1,169 units. The development will be constructed in eight buildings with retail, commercial, and community space on 6.7 acres of formerly vacant land at 888 Fountain Avenue.