Summary
New York Governor Kathy Hochul announced a $68 million investment to help about 1,300 low-to-moderate-income households. This initiative aims to support homeowners, including seniors and veterans, by providing funds for critical home repairs and rental assistance.
Key Facts
- New York is providing over $68 million to aid low-to-moderate-income households.
- The funds target homeowners, seniors, and veterans for home repairs and safe housing.
- Nearly 1,300 homes across New York will benefit from this initiative.
- The funding is managed by New York State Homes and Community Renewal (HCR).
- Regions receiving funds include Capital Region, Long Island, and more, with amounts specific to each area.
- Programs available include NYS HOME and Community Development Block Grant.
- Eligible households must apply through local governments and nonprofits receiving the grants.
- The aim is to tackle the housing affordability crisis in New York.