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HUD announces additional recovery funds for New York State communities impacted by Sandy

Oct 28, 2013
One year after Hurricane Sandy devastated coastal communities in the Northeast, the U.S. Department of Housing and Urban Development (HUD) allocated a combined $5 billion through a second round of recovery funds to five states and New York City. New York State will receive approximately $2.1 billion in additional funds, while New York City will receive approximately $1.3 billion. 

Provided through HUD’s Community Development Block Grant (CDBG) Program, these recovery funds will assist impacted communities to meet remaining housing, economic development and infrastructure needs. 

To read the entire HUD press release, click here.
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.

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