Governor Cuomo Announces $9.3 Million Energy-Efficient Affordable Housing Development for Seniors in Hornell

Governor Andrew M. Cuomo today announced the completion of a $9.3 million housing development for seniors in the City of Hornell. The project transformed the former Lincoln Elementary School, a vacant, historic landmark, into a Lincoln Gardens, a new development of 25 affordable, energy-efficient apartments for people 55 and older. Four units of the new Lincoln Gardens are for persons who have physical disabilities or mobility impairment. This complements Southern Tier Soaring, the Governor’s successful upstate revitalization initiative to grow the economy and create new opportunities

ENGEL, HOUSE DEMS WRITE TO WHITE HOUSE WARNING OF CYBERSECURITY DEFICIENCIES AT TRUMP PROPERTIES

Congressman Eliot Engel, the Ranking Member on the House Foreign Affairs Committee and a top Member on the House Energy and Commerce Committee, penned a letter to White House Counsel Donald McGahn signed by 23 of his House colleagues urging the White House to take immediate action to secure vulnerable networks at Trump properties, including Mar-a-Lago.

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

HDC BOARD APPROVES BOND AND SUBSIDY FINANCING FOR 17 AFFORDABLE DEVELOPMENTS ACROSS NEW YORK...

Following approval by its Board of Directors at a meeting on June 5, the New York City Housing Development Corporation (HDC) announced plans to issue up to $563.5 million in tax-exempt multi-family housing revenue bonds and provide more than $157.3 million in additional financing to fund the new construction and preservation of 17 affordable housing developments across the Bronx, Brooklyn, Queens, and Manhattan

Sullivan County Tax Foreclosure Auction Is June 14-15

The 2017 Sullivan County Real Estate Tax Foreclosure Auction will be held Wednesday, June 14 and Thursday, June 15 at the Ramada Rock Hill at 283 Rock Hill Drive in Rock Hill, NY. Sullivan County Treasurer Nancy Buck urges potential bidders – especially first-time bidders – to attend a Bidder’s Seminar on Monday, June 12 at 7 p.m. at the same location.

NYC Schoolchildren Deliver Signed Postcards Asking Mayor de Blasio to Place More Homeless Families...

A group of Brooklyn fourth graders from Kids for a Better Future (KBF) joined by the Coalition for the Homeless, homeless advocates and elected officials delivered at a press conference today signed postcards to Mayor de Blasio asking him to increase NYCHA housing for homeless families. Twenty-three thousand children go to sleep in shelters each night, and the children hope to persuade Mayor de Blasio to double the number of families placed in NYCHA housing each year to 3,000.

Leaders Celebrate the Opening of Williamsville’s Village Square

Spring Street, Rock Street, and the Williamsville Water Mill Plaza have a new look following completion of a $3.45 million project transforming the area into a new “village square” providing a beautiful public gathering space in the center of Williamsville.

SCHUMER ANNOUNCES OVER $700K IN FED FUNDS FOR CLEAN-UP AT BROWNFIELD SITES AROUND UPSTATE...

U.S. Senate Minority Leader Charles E. Schumer today announced $700,000 in federal funding for several regions in Upstate NY. The funding was allocated through the Environmental Protection Agency’s (EPA) Brownfields Program. Out of 172 communities across the U.S., Schumer secured funding for three projects to help communities in Upstate NY to survey, clean up, redevelop and reuse contaminated and abandoned properties. Niagara County, Sullivan County, and Valley Falls in Rensselaer County will receive $300,000, $200,000, and $200,000, respectively, to tackle the problems posed by brownfield sites, which pose safety risks and suffocate local economies.

SCHUMER, GILLIBRAND ANNOUNCE OVER $17 MILLION IN DEPARTMENT OF TRANSPORTATION FUNDING TO UPGRADE AIRPORTS...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $17,182,465 in federal funding for 36 critical infrastructure projects at local airports across Upstate New York. This funding was allocated through the Federal Aviation Administration’s (FAA) Airport Improvement Program (AIP). Specifically, the federal funding will be used for renovations and improvements to operational efficiency to airports in the Capital Region, Hudson Valley, Southern Tier, Central & Western New York, Rochester Finger Lakes, Mohawk Valley and North Country.

NYCHA AND HPD CALL FOR 100% AFFORDABLE HOUSING PROPOSALS AT SITES ACROSS THE CITY

The New York City Housing Authority (NYCHA) and the New York City Department of Housing Preservation and Development (HPD) today released a Request for Proposals (RFP) for the development of 100 percent affordable housing apartments for seniors and families on the grounds of four NYCHA developments: Harborview Terrace in midtown Manhattan, Sumner Houses in Bedford-Stuyvesant, Brooklyn, and Morrisania Air Rights and Twin Parks West, located in Morrisania and Fordham Heights in the Bronx.

NEW YORK CITY AND NEW YORK STATE HOUSING OFFICIALS JOIN HOPE COMMUNITY, INC., MONADNOCK...

City and State officials joined Hope Community Inc., Monadnock Development LLC, Notias Construction, Inc., Raymond James Tax Credit Funds, Wells Fargo Bank, tenants and partners to announce the construction kick-off for the Hope East of Fifth re-syndication of 506 affordable housing apartments – including 102 units for formerly homeless residents across 39 buildings in the East Harlem neighborhood of Manhattan

CITY COUNCIL RENEWS ARTICLE XI TO SECURE THE AFFORDABILITY OF THE DREAMYARD, A 300...

New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and New York City Housing Development Corporation (HDC) President Eric Enderlin announce that the City Council voted to renew the Article XI tax exemption for Dreamyard NEP HDFC, a 301-unit affordable housing project in the University Heights and Morris Heights neighborhoods of the Bronx.  This is a major milestone as the City looks to finance the rehabilitation and extended affordability of these two year-15 tax credit properties owned by Bronx Pro Group

NYCEDC Announces First Emerging Developer Loan Fund Recipient

New York City Economic Development Corporation (NYCEDC) announced the first recipient to receive a low-interest loan through the Emerging Developer Loan Fund (EDLF). The project, 1193 Fulton Avenue Residence LLC, will be a nearly 21,000 square foot, 100% affordable, 25-unit residential building in the Morrisania section of the Bronx.

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.
Brookhaven Industrial Development Agency (IDA)

Brookhaven Industrial Development Agency Accepts Application For Incentives for New Supplier Of Road Striping...

Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced the agency accepted an application from a company that plans to build a plant to supply advanced road marking materials in Shirley.

Schumer, Gillibrand: In The Face of Penn Station’s Crumbling Infrastructure Crisis, Trump’s Response Is...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today slammed President Trump’s proposed budget cuts to critical transportation programs that help fund regional mass transit systems throughout New York that millions of commuters rely on each and every day. The Senators especially pointed to the Administration’s proposed cuts to Amtrak as an example of “doubling down on dilapidation” at exactly the moment when more is urgently needed to repair and modernize our aging transit infrastructure.

SCHUMER, GILLIBRAND ANNOUNCE $150,000 IN FEDERAL FUNDS FOR SOUTHERN TIER LIBRARY SYSTEM

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced $150,000 in federal funding for the Southern Tier Library System (STLS) in Allegany, Steuben, Yates, Schuyler, and Chemung counties. The funding was allocated by the Appalachian Regional Commission (ARC) and will allow the STLS to upgrade existing fiber infrastructure that delivers broadband internet capabilities connecting 21 of its public libraries in the five-county region.

Mayor David Announces $11 Million Affordable Housing Project

Mayor Richard C. David today announced an $11 million affordable housing rehabilitation project in the “North of Main St.” neighborhood, delivering investment and stability to one of Binghamton’s most troubled areas

Trump Administration Reverses Course On Energy Efficiency Standard Following AG Lawsuit

Attorney General Eric T. Schneiderman issued the following statement on the Trump Administration’s notice that it will end its delay of energy efficiency standards for ceiling fans that offer dramatic air pollution reductions, as well as energy- and cost-savings to consumers and businesses. Attorney General Schneiderman, leading a 11-member state and municipal coalition, had sued the Trump Department of Energy (DOE) in April, charging that the Administration’s continued delay of the effective date of the rule violated federal law.

Governor Cuomo Announces Memorial Day Weekend Road and Bridge Construction Suspension

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.

DiNapoli: Audit Exposes Significant Management Issues With Tonawanda Housing Authority

An audit of the Tonawanda Housing Authority (THA) has revealed inappropriate computer usage, inequitable tenant and applicant treatment, and high vacancy rates in public housing, according to New York State Comptroller Thomas P. DiNapoli.

Buyer demand drives median price growth as fewer homes available for sale in New...

Strong buyer demand, coupled with the ongoing decline in the number of homes for sale, fueled a 7.8 percent increase in the April statewide median sales price, according to the housing market report released today by the New York State Association of REALTORS. Inventory constraints also led to a 5 percent decline in home sales for the month compared to April 2016.

REALTORS Speak Out Against Federal Tax Proposals Harmful to New Yorkers; Urge Support for...

The New York State Association of REALTORS (NYSAR) today gathered in Albany for its annual Lobby Day to raise awareness about dangerous proposals included in President Donald Trump’s federal tax plan and meet with legislative leaders to promote the NY First Home, a proposal that would allow individuals to deposit up to $5,000 a year ($10,000 a year for couples) into a first home savings account, which would be tax deductible for state income tax purposes.

Reps. Stefanik, Schneider, Rooney, and Maloney Introduce Bill to Turn Abandoned Properties into Housing...

U.S. Representatives Elise Stefanik (NY-21), Brad Schneider (IL-10), Tom Rooney (FL-17), and Sean Patrick Maloney (NY-18) introduced bipartisan legislation to help veterans organizations buy, renovate, and repurpose abandoned housing into homes for veterans experiencing homelessness.

SCHUMER, GILLIBRAND ANNOUNCE MORE THAN $650K IN FEDERAL FUNDING FOR THREE FIRE DEPARTMENTS IN...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today announced a total of $652,194 in federal funding for three fire departments in Central New York. The funding was allocated through the Department of Homeland Security's (DHS) Assistance to Firefighters Grant Program (AFG). Specifically, the Victory Fire Department will receive $119, 524 to fund regional projects in which multiple fire departments and other organizations are involved.

Popular Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).

Recent Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).