Ontario County will benefit from $40 million going to rehabilitate vacant and distressed apartments throughout New York State.
Governor Kathy Hochul announced on Thursday that the money would help owners of one to five-unit residential properties and mixed-use buildings transform them into high-quality affordable apartments.
“Everyone deserves a safe place to call home, and with the Vacant Rental Improvement Program, we’re breathing new life into dormant properties by turning them into high-quality homes for those in need,” Governor Hochul said. “We must use every tool in our toolbox to address the housing crisis in New York, including preserving and improving the assets we have. These investments will revitalize neighborhoods, provide much-needed affordable housing and help ensure long-term housing stability for New Yorkers.”
Improvements include health and safety upgrades, correcting code violations, accessibility modifications, environmental remediation, and general repairs.
Among the 18 nonprofits and municipalities receiving funding is the Ontario County Economic Development Corporation. The corporation has received $2 million to rehabilitate approximately 30 units.
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