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Governor Cuomo announces $141.3 million to build and preserve affordable housing across New York State

May 12, 2015
Gov. Andrew Cuomo has announced more than $141 million in awards for affordable housing developments across the state. The low-interest loans, grants and tax credits will build or preserve 2,160 affordable apartments and are expected to leverage more than $469 million in grants, loans and private resources.
 
The funds are part of Cuomo’s unprecedented commitment to affordable housing and community revitalization, which includes the $1 billion House NY program, the state’s largest affordable housing investment in nearly two decades. House NY is making progress creating and preserving more than 14,300 affordable homes over five years. 
 
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August sales fall just short of 2016 record

August home sales were strong across the Empire State, setting the second-highest total on record for the month at 14,174 units. The statewide median sales price growth trend continued in August, posting a 6.9-percent increase compared to August 2016. Click here to read more.

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