$51 Million In Affordable Housing Grants Announced To Support Ownership For 1,060 Households Across New York State
Governor Kathy Hochul has announced $51 million in grants to support affordable homeownership for 1,060 households across New York State. Administered by New York State Homes and Community Renewal’s Office of Community Renewal, the funds will assist low- and moderate-income families with home repairs, accessibility modifications, safety upgrades, replacement of manufactured homes, and down payment assistance for first-time buyers. This initiative aligns with Governor Hochul’s $25 billion comprehensive Housing Plan, which aims to create and preserve 100,000 affordable homes statewide.