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Free Tours Of The New York State Capitol & Education Building To Be Offered...

State Office of General Services Commissioner RoAnn Destito and State Education Commissioner MaryEllen Elia today announced that visitors to Albany will have the opportunity to take free tours of both the State Education Building and the Capitol on every Saturday, beginning on October 7, due to the overwhelming popularity of Saturday tours that were being offered once a month.

SCHUMER, GILLIBRAND ANNOUNCE NEARLY $13 MILLION IN FED FUNDING TO AID NY STATE ECONOMIC...

U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $12,911,499 in federal funding for communities across NY and relaunched their push to call on President Trump, who completely decimated the programs in the recent White House FY18 budget proposal.

Governor Cuomo Announces $11.4 Million for Supportive Housing in Brooklyn and Buffalo

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.

CONGRESSMAN HIGGINS CALLS ON HUD TO DEBAR WELLS FARGO FROM FEDERAL HOME LOAN BUSINESS

In the toughest action to date, Congressman Brian Higgins (NY-26), a member of the House Ways and Means Committee, is calling for Wells Fargo to be excluded from participation in the federal mortgage guarantee program following a disturbing, recurring pattern of consumer fraud. Higgins made the request in a letter to the Federal Housing Administration

The de Blasio Administration and Council Member Richards Announce Approval of the Downtown Far...

The de Blasio Administration and Council Member Donovan Richards today announced that the Downtown Far Rockaway Redevelopment Project has been approved by the New York City Council, the final necessary vote of the City’s Uniform Land Use Review Procedure (ULURP) process.

SCHUMER, GILLIBRAND ANNOUNCE OVER $99,000 IN FEDERAL FUNDING FOR VILLAGE OF WATERLOO

U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $99,500 in federal funding for the Village of Waterloo in Seneca County. The funding was allocated through the United States Department of Agriculture’s (USDA) Rural Business Development Grant program. Specifically, the Village of Waterloo will use the funding to replace the pressure relief valve at the PRV station on River Road. The Village of Waterloo will also work closely with the Towns of Geneva, Junius, Phelps, and Tyre

HPD ANNOUNCES PLANS TO TRANSFORM HISTORIC GREENPOINT HOSPITAL SITE INTO AFFORDABLE HOUSING

The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announces plans to transform the historic Greenpoint Hospital site into a new affordable housing development. The agency today issued a Request for Expressions of Interest (RFEI) seeking proposals for the design, construction, and management of a high quality, sustainable, mixed-use, mixed-income project on 3.4-acres in the Greenpoint-Williamsburg neighborhood of Brooklyn.
New Destiny Housing

Building Affordable Housing for Families in the Bronx

New Destiny Housing Corporation, a non-profit developer of affordable housing for families, has started construction on its newest mixed income housing project – The Jennings, located on Jennings Street in the Crotona Park East section of the Bronx. The Jennings will be an eight-story building with 42 apartments affordable for low-income households from the community with 23 apartments reserved for families coming from New York City domestic violence shelters. Project completion is expected in spring 2019.

Chairman Crowley Visits Senior Housing Community in the Bronx, Holds Roundtable Discussion with Advocates

On Thursday, August 24, Rep. Joe Crowley (D-Queens, the Bronx), Chairman of the House Democratic Caucus, joined New York Housing Conference, affordable housing advocates, and residents for a walking tour of Scheuer Gardens, a 116-unit senior housing development in the Bronx. Following the tour, Crowley led a roundtable discussion to raise awareness of the importance of federal investments in affordable housing and highlight the need for senior developments like Scheuer Gardens.

Maloney Introduces First Time Homeowner Savings Plan Act to Help Families Invest in First...

Amid a national rental affordability crisis, Representative Sean Patrick Maloney (NY-18) announced his introduction of the bipartisan First Time Homeowner Savings Plan Act. The bill will allow Americans to withdraw up to $25,000 from their IRA for the purchase of their first home without being penalized when they file their taxes. Experts agree that homeownership is one of the best ways for middle class Americans to save for retirement

SCHUMER, GILLIBRAND ANNOUNCE $500,000 IN MAIN STREET GRANT FUNDING FOR THE VILLAGE OF MONTICELLO

U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $500,000 in federal funding for the Village of Monticello. The funding, allocated through the U.S. Department of Housing and Urban Development’s (HUD) Main Street program, helps support affordable housing and rejuvenate older, downtown business districts while retaining the area's traditional and historic character.

New York Department of State Board of Real Estate Appraisal to Hold Meeting...

The New York Department of State will hold a public meeting on Thursday, September 28, 2017, at 1:00 p.m., regarding the real estate appraisal profession. The meeting will take place at the following locations: 99 Washington Avenue, Albany; 65 Court Street, Buffalo; and, 123 William Street, New York City. The public has the right to attend the meeting at any of these locations

Statement on the Approval of the Downtown Far Rockaway Rezoning by the City Council...

“Through this plan, Downtown Far Rockaway is finally getting the investment it deserves, with new jobs and mixed-income housing, open space and community facilities. We are proud to have collaborated with Council Member Richards and community leaders to develop a vision for a more vibrant and equitable Downtown Far Rockaway, and to now make that vision a reality.”
HUD

HUD AWARDS $500,000 MAIN STREET GRANT TO MONTICELLO, NEW YORK

The U.S. Department of Housing and Urban Development (HUD) announced today that Monticello, New York in Sullivan County will receive a $500,000 grant to rehabilitate the Strong Building at 430 Broadway and build affordable housing units for low-income residents

Reed Announces C-S Canal Hydro to Receive REAP ‘Renewable Energy and Energy Efficiency’ Grant

Congressman Tom Reed announced that C-S Canal Hydro, LLC, in Waterloo, New York, is the recipient of a Rural Energy for America Program (REAP) Renewable Energy and Energy Efficiency grant for $99,500 for the purchase and installation of a trash rake at a Hydroelectric facility.

CITY OFFICIALS JOIN RADSON DEVELOPMENT AND PARTNERS TO BREAK GROUND ON 167 UNITS OF...

Representatives from the New York City Housing Development Corporation (HDC) and the New York City Department of Housing Preservation and Development (HPD), City Council Speaker Melissa Mark-Viverito, and Bronx Borough President Ruben Diaz, Jr. joined Radson Development and project partners to celebrate the start of construction of Martin Luther King Plaza (MLK Plaza), a brand new 167-unit affordable housing development located at 869 East 147thStreet in the Mott Haven neighborhood of the Bronx.

Mayor David Opens 10-Unit Homeless Veterans Housing Project

Mayor Richard C. David today announced the completion of a 10-unit homeless veterans housing project at 27 Pine St. in Binghamton, the latest effort of Mayor David’s Blue Ribbon Commission to End Veteran Homelessness.

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

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%).

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

MORE THAN HALF OF BUILDINGS ON THE 2017 AEP LIST HAVE BEEN DISCHARGED FROM...

New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announces an update on the progress made to improve conditions at the buildings included on the tenth annual Alternative Enforcement Program (AEP) list.  Since the 2017 AEP list was released in February, 138 buildings have improved conditions and met the criteria for discharge from the program. The AEP list identifies 250 distressed multifamily residential buildings with HPD violations and allows for enhanced enforcement, which includes roof to cellar inspections, fees, and an AEP Order to Correct the underlying conditions of the HPD violations.  These enhanced enforcement tools are used to improve living conditions for each building’s residents

VETERANS UNITED HOME LOANS TO PAY $604,000 IN RESTITUTION TO NEW YORK CONSUMERS AND...

Financial Services Superintendent Maria T. Vullo today announced that Mortgage Research Center, LLC, doing business as VAMortgage Center and/or Veterans United Home Loans, will pay approximately $604,000 in restitution to New York consumers, primarily veterans, as part of a consent order entered into with the Department of Financial Services (DFS).

NEW YORK HOUSING OFFICIALS JOIN THE ARKER COMPANIES AND PARTNERS TO CELEBRATE THE PRESERVATION...

Officials from the New York City Housing Development Corporation (HDC), New York City Department of Housing Preservation & Development (HPD), and the US Department of Housing and Urban Development (HUD) joined The Arker Companies and project partners to celebrate the rehabilitation and preservation of Elbee Gardens, a 178-unit affordable housing development located at 1950 Clove Road in the Grasmere neighborhood of Staten Island.

SCHUMER, GILLIBRAND ANNOUNCE $2.2 MILLION IN NORTHERN BORDER REGIONAL COMMISSION FUNDING FOR UPSTATE NEW...

U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kristen Gillibrand today announced $2.2 million in federal funding for six projects aimed at improving the economy in Upstate New York. The funding was allocated through the Northern Border Regional Commission’s (NBRC) Economic & Infrastructure Development Investment Program to support infrastructure projects and other initiatives that create jobs, support entrepreneurs, and strengthen the economy in St. Lawrence, Jefferson, Clinton, Oswego, and Madison counties.

Stefanik Announces Northern Border Regional Commission Infrastructure Development Grants

Congresswoman Elise Stefanik (R-NY-21) announced a series of Northern Border Regional Commission (NBRC) grants totaling $1.75 million for infrastructure projects around New York’s 21st Congressional District.

CITY OFFICIALS JOIN RADSON DEVELOPMENT AND PARTNERS TO CELEBRATE COMPLETION OF CONSTRUCTION OF 54-UNITS...

Representatives from the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) joined Radson Development, Citi Community Capital, and project partners today for a ribbon-cutting ceremony to mark the completion of Strivers Plaza, a new affordable housing development located at 275 West 140th Street in the Central Harlem neighborhood of Manhattan.