RealEstateRama Authors Posts by Governor Andrew Cuomo
Governor Andrew M. Cuomo today unveiled the 6th proposal of the 2018 State of the State: the 2018 taxpayer savings plan to continue to combat New York's most burdensome tax - the local property tax.
Governor Cuomo Announces Completion of $56.6 Million Rehabilitation of 320 Affordable Housing Units in...
Project Preserves Affordability for 700 Residents at "Cedars of Chili" for 40 Years. Investment Complements 'Finger Lakes Forward' - Region's Successful Upstate Revitalization Initiatives to Grow Economy, Create New Opportunities
Governor Andrew M. Cuomo today announced more than $11.4 million in state funding has been awarded to two supportive housing projects in Oneida County and one in Brooklyn. These three projects will create 103 units of emergency and permanent housing for homeless older adults, youth, families and individuals with mental illness, with funding from the New York State Office of Temporary and Disability Assistance's Homeless Housing and Assistance Program
Governor Cuomo Announces Start of Construction for $150 Million Road, Transit & Economic Development...
Governor Andrew M. Cuomo today announced the start of construction for the $150 million design-build project at the Woodbury Road, Transit and Economic Development Hubin Orange County. Construction is expected to be completed in November 2019 -- or five years ahead of schedule. The state will use a Project Labor Agreement (PLA), with the new road, transit and economic development hub expected to create 700 jobs over the course of the project.
Governor Andrew M. Cuomo today announced more than $11.4 million in state funding for three supportive housing developments in Buffalo and Brooklyn. The projects will create or preserve 80 units of housing for homeless New Yorkers supported by funding from the New York State Office of Temporary and Disability Assistance's Homeless Housing and Assistance Program.
Governor Cuomo Announces $7.6 Million Community Restoration Fund Program to Help Prevent Foreclosure and...
Governor Andrew M. Cuomo today announced that the state's new $7.6 million Community Restoration Fund has purchased the mortgages for 398 homes in a strategic effort to bring owners in targeted communities out of foreclosure and keep the homes from abandonment through renovation and resale where necessary. This approach is part of the Governor's overall strategy to support homeowners, stabilize neighborhoods and prevent Zombie properties across New York State
Governor Andrew M. Cuomo today announced that construction is underway on a $67 million supportive and affordable housing project in the Bronx. The building being constructed, part of a larger mixed-use development known as La Central, will create 160 units of housing, including 97 supportive units for formerly homeless New Yorkers with special needs.
Rebuild of Major North-South Power Transmission Artery Will Modernize System; Help New York State Meet Governor's Clean Energy Standard of 50 Percent Renewable Electricity By 2030
Governor Andrew M. Cuomo today announced nearly $400,000 through nine Local Government Citizens Reorganization Empowerment Grants to assist upstate New York municipalities with government reorganizations. Six towns and three villages received grants to implement shared services initiatives and to explore dissolutions and consolidations in order to reduce local taxes and streamline government operations.
Governor Cuomo Announces Nearly $37 Million to Upgrade Drinking Water and Wastewater Systems Across...
Governor Andrew M. Cuomo today announced that nearly $37 million in grants and interest-free, low-cost loans have been approved by the New York State Environmental Facilities Corporation Board of Directors to support vital drinking water and wastewater infrastructure projects across New York. The Board's approval includes more than $9 million in grants awarded under the Water Infrastructure Improvement Act
Governor Cuomo Launches Second Phase of Unprecedented $20 Billion Housing Plan to Provide Affordable...
Governor Andrew M. Cuomo today announced the second phase of a historic $20 billion five-year plan for the creation or preservation of 100,000 affordable and 6,000 supportive housing units. State agencies issued three separate Requests for Proposals to provide more than $650 million in capital funding and $30 million in service and operating funding for supportive housing
Governor Cuomo Orders Acceleration of Construction on Bridges and Tunnels in Anticipation of Added...
Governor Andrew M. Cuomo has ordered an acceleration of the construction on MTA bridges and tunnels to mitigate the effects of additional vehicles on the road caused by Amtrak's emergency repair work this summer. This aggressive schedule ensures major construction projects will be completed by July 8 to reduce vehicular congestion during Amtrak's extended period of widespread reduced service. Governor Cuomo's order will mean that all major commuting crossings will be cashless and all lanes will be open during the daytime.
Governor Cuomo Announces Opening of $22 Million Affordable and Supportive Housing Development in Troy
Governor Andrew M. Cuomo today announced the opening of Tapestry on the Hudson, a $22.3 million affordable and supportive housing development for families along the Hudson River in Troy. The project included renovating the former Wilbur, Campbell, & Stephens Co. Factory, which was built in 1899, and was most recently home to Mooradians Furniture. Since 2011, New York has invested more than $22 million and leveraged $82.7 million in additional public and private investment to create 434 affordable homes for Troy families
Governor Cuomo Announces $7 Million Available for Homeowners Impacted by Flooding on Lake Ontario...
Governor Andrew M. Cuomo today announced $7 million in state funding to assist homeowners that have been impacted by flooding along Lake Ontario and the St. Lawrence River. The new investment program will provide up to $40,000 for homeowners to support interior and exterior repairs to structural damage caused by flooding, as well as the repair or replacement of permanent fixtures.
Governor Andrew M. Cuomo today announced that road and bridge construction projects on New York State highways will be suspended from 6 a.m. on Friday, May 26, to 6 a.m. on Tuesday, May 30, in order to accommodate travelers during the busy Memorial Day holiday weekend. Some work may continue behind permanent concrete barriers or for emergency repairs.
Governor Cuomo Announces Grand Opening of $36 Million Supportive and Affordable Housing Development in...
Governor Andrew M. Cuomo today announced the opening of the $36 million Norwood Terrace supportive housing development in the Bronx. The 115-unit housing project, operated by Concern for Independent Living, includes supportive services for homeless adults with psychiatric disabilities, along with affordable housing for low-income individuals and families.
Governor Cuomo Announces $10 Million to Repair Roads, Floodwalls and Public Water Infrastructure in...
Governor Andrew M. Cuomo today announced $10 million in state funding is available to assist eligible local municipalities that have been impacted by the recent flooding along the Lake Ontario coastline. The new investment program will support flood recovery efforts, including repairs to flood walls, roads, sidewalks, and culverts, as well as public water and sewer infrastructure. The funding is available through New York State Homes and Community Renewal. The program will be open to applications for funding from municipal governments in counties that were identified in Governor Cuomo’s May 2, 2017 emergency declaration this week
Governor Cuomo Announces $14.7 Million Project to Transform Former School 77 Into Affordable Housing...
Governor Andrew M. Cuomo today announced a $14.7 million project to transform the vacant former City of Buffalo public School 77 into a community hub with 30 affordable apartments for seniors, office space, community space, a community recreational gymnasium, and an auditorium for a local theatre company.
Governor Andrew M. Cuomo today announced the grand opening of Crerand Commons II, a new housing development for families in the Town of Gates, Monroe County. The $9.8 million development offers working families the opportunity to live in quality, affordable homes in close proximity to public transportation, child care, and employment opportunities. The complex also complements Finger Lakes Forward, Governor Cuomo's successful blueprint for regional economic development
Governor Andrew M. Cuomo today announced more than $520 million in energy efficient upgrades across the City University of New York system. Coinciding with Earth Week, the energy-saving measures will reduce environmental impacts and operating costs while helping CUNY reach the Governor’s statewide energy goals to build a clean energy future for all of New York State.
Governor Andrew M. Cuomo today announced that $28.8 million has been awarded to seven supportive housing projects across New York State, allowing the construction of 252 housing units for homeless New Yorkers. The funding, awarded through the New York State Office of Temporary and Disability Assistance’s Homeless Housing and Assistance Program, will support projects in the Bronx, New York, Chautauqua, Onondaga, Orange, Oswego and Tompkins counties.
Governor Cuomo Announces $5.8 Million to Rehabilitate and Repair 338 Owner-Occupied Homes Across New...
Governor Andrew M. Cuomo today announced $5.8 million to construct, rehabilitate and improve the homes of 338 income-eligible families across New York. The funds are awarded through New York State Homes and Community Renewal's Affordable Home Ownership Development Program, administered by the Affordable Housing Corporation. To date, the program has awarded nearly $174 million to create or improve more than 9,000 homes
Governor Andrew M. Cuomo today announced the grand opening of the $7.5 million Riverview Apartments development in the City of Cortland. The two-story, 39-unit building provides affordable housing for low-income families and for individuals in need of behavioral health services.
Governor Andrew M. Cuomo today announced that a $460 million project to upgrade the Lewiston Pump Generating Plant in Western New York has officially reached the halfway mark. The multi-year plant modernization project allows the New York Power Authority to continue to provide low-cost power to businesses in the region, generating nearly $33 billion in capital investments to the state’s econom
Governor Andrew M. Cuomo today announced $39.2 million in New NY Broadband Program Round II grants have been awarded to 11 projects in the Capital Region. These awards will provide 32,737 homes and businesses with access to high-speed broadband for the first time, and leverage $9.8 million in private matching funds – bringing the total public-private investment in the Capital Region to $49 million in Round II. Through Rounds I and II, the program has driven a total of more than $65 million in public-private investment in high-speed broadband across the region.