Governor Kathy Hochul announced the third round of awards for the innovative MOVE-IN NY program. More than $20 million was awarded to create 68 new affordable homes in the cities of Buffalo and Niagara Falls. The City of Buffalo was awarded $12 million for 40 homes and Niagara Falls Neighborhood Housing Services was awarded nearly $8.5 million for 28 homes.
“For too many families, homeownership is out of reach, which is why I created the MOVE-IN NY program,” Governor Hochul said. “MOVE-IN NY cuts the cost of housing production and brings these much-needed homes to market quickly and affordably.”
The MOVE-IN NY program, administered by New York State Homes and Community Renewal (HCR), harnesses the benefits of prefabricated homes to quickly build more affordable starter homes in communities throughout New York. The factory-built homes used in the MOVE-IN NY program can be constructed quickly and economically, and at a large scale. Referred to as “CrossMods,” these homes resemble traditionally constructed homes and can be integrated in all types of housing markets including urban, suburban and rural communities.
The MOVE-IN NY funding, which is awarded to municipalities, land banks, and non-profits through a competitive process, will be used to purchase and site prefabricated CrossMod homes. Once sited, the homes will be sold for less than the cost of construction to low- and moderate-income homebuyers…