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Governor Cuomo announces $11 million for more than 1,000 affordable housing units

Jun 10, 2015
Gov. Andrew Cuomo recently announced $11 million in grants to build, improve and preserve affordable housing for low- and moderate-income New Yorkers. The 61 awards across the state’s 10 regions were given to municipalities and not-for-profit organizations to help support community priorities, keep people in their homes and expand local opportunities for affordable housing. 
 
Counties, cities, towns and villages, as well as not-for-profit organizations, applied to the New York State Homes and Community Renewal for funding, which was available for new homeownership and housing rehabilitation. Subsequently, homeowners can apply to their local municipality or not-for-profit organization where they will be screened for eligibility for the program based on income criteria.  
 
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New York State home sales set second quarter record

The New York State housing market set a record high for second quarter home sales, reaching 32,444 homes sold. The second quarter statewide median sales price of $245,000 represents an increase of 6.5 percent from the 2016 second quarter. Click here to read more.

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