Albany, NY (WRGB) — Governor Kathy Hochul announced a $1 billion investment to create or preserve nearly 3,000 affordable homes across New York State. This initiative is part of her five-year, $25 billion Housing Plan aimed at addressing the state’s housing crisis by increasing the housing supply.
Governor Hochul said,
Solving New York’s housing crunch and cutting costs for families hinges on increasing home availability statewide. Through these investments, we’re helping produce more affordable, modern, supportive, sustainable housing. This is going to help push costs down, keep our state strong and provide housing opportunities to thousands of New Yorkers…