$46 million in grant funding is coming to help homeowners and first-time homebuyers in the Empire State.
Governor Hochul made the announcement that 1,400 households statewide are expected to benefit from the grants.
“As housing costs continue to rise, this significant investment will help carve out a path to affordable homeownership for 1,400 New York families,” Governor Hochul said. “My administration is using every tool at our disposal to address the state’s housing crisis, and we will continue to push forward on programs, strategies, and funding initiatives that put New Yorkers in safe, affordable homes.”
Administered by New York State Homes and Community Renewal’s Office of Community Renewal, the grant funding has been awarded to nonprofits and localities to help low and moderate-income homeowners make repairs and safety upgrades to their homes as well as provide down payment assistance to first-time buyers.
The Cayuga County Homsite Development Corp received two grants – $700,000 for manufactured housing replacement and $500,000 for emergency repairs for elderly homeowners. The state considers Cayuga County part of the Central New York region, which received $4,183,870 in total, expected to benefit 109 units.
The Finger Lakes region received $2,788,000 to serve 104 units. The Bishop Sheen Ecumenical Housing Foundation, Inc has received $600,000 and $500,000 via two grants for owner-occupied housing rehabilitation and emergency repairs for elderly homeowners respectively. The Village of Waterloo will use $278,000 for Residential Water & Wastewater Activities/Laterals while Yates County has received $400,000 for the same purpose.
Rounding out grants for the Finger Lakes are $350,000 to the City of Batavia for owner-occupied housing rehabilitation and two grants to the Rural Housing Opportunities Corporation; $560,000 will go to manufactured housing replacement and $100,000 will be used for emergency repairs for elderly homeowners.
The Southern Tier is receiving the largest amount for an individual region. The $8,180,490 in grant funding will support 268 units. Grant awardees include:
- Better Housing For Tompkins County Inc: $420,000 for manufactured housing replacement
- Community Progress Inc: $400,000 for mobile & manufactured home replacement
- Steuben County: $198,000 for standalone residential water and wastewater activities/laterals
- Tompkins County: $587,640 for owner-occupied housing rehabilitation
- Ithaca Neighborhood Housing Services, Inc: $570,950 for homebuyer down payment assistance
- Ithaca Neighborhood Housing Services, Inc: $150,000 for emergency repairs for elderly homeowners
- Town of Danby: $153,900 for multi-unit rental housing rehabilitation
- Town of Dryden: $500,000 for owner-occupied housing rehabilitation
Village of Dryden: $500,000 for owner-occupied and multi-unit rental housing rehabilitation, lateral replacement, and manufactured housing replacement
A full list of awardees across the state can be found here.
HCR Commissioner RuthAnne Visnauskas said, “Improving access to safe, secure, and affordable housing is important for every New Yorker, but especially for the most vulnerable populations in our communities – seniors, veterans, and those with disabilities. Thankfully, we have a variety of programs that are designed to provide them with the helping hand they need to make their homes safer or be able to afford new homes. We thank all of our local partners for their dedication in creating and preserving housing across New York and for helping those who need it most.”
More on the grant programs can be found at ny.gov.
