A massive allocation of funds will assist nearly 1,300 households across New York State according to a recent announcement from Governor Hochul’s Office. The grant funding, totaling $68 million, will be provided to local governments and non-profit agencies that assist homeowners, seniors, and veterans across the state.
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HCR Funding Across New York State
More than $68 million is being invested into more than 1,000 low-to-moderate income households across the state, this news coming from the Governor’s office on Friday, January 9th. The money isn’t specifically for creating new housing facilities, but to provide assistance for repairs and/or upgrades.
Addressing the housing crisis is about more than creating new places for people to live. With this more than $68 million investment, we can help nearly 1,300 individuals and families make the repairs and upgrades that are necessary for them to remain safely and securely housed today and into the future.
The grant money itself through new York State Homes and Community Renewal, aka HCR, ‘provide individuals and families, including older adults and veterans, financial support to make accessibility upgrades, complete emergency repairs, replace manufactured homes, and receive rental assistance, as well as down payment assistance when purchasing a first home.’
The announcement about the HCR funding is part of the Governor’s previously announced Housing Plan that totals more than $25 billion in assistance…