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HUD awards nearly $350 million to improve, preserve public housing in New York State

Mar 19, 2014
The U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced nearly $1.8 billion to public housing authorities in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands, to make large-scale improvements to the nation’s 1.1 million public housing units. Nearly $350 million has been allocated for New York State.

The grants are provided through HUD’s Capital Fund Program, which provides annual funding to approximately 3,100 public housing authorities to build, repair, renovate and/or modernize the public housing in their communities. 

To read the entire HUD press release, click here.
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Empire State home sales stay at elevated level during April

Against the backdrop of fewer homes on the market, homebuyers in New York State closed 8,640 sales during April, falling only 2.6 percent from April 2017. The median sales price growth trend continued, increasing by nearly 12 percent compared to last April to reach $260,000 for the month. Click here to read more.

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