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New York State’s Housing Agencies Hold First Joint Board Meeting; Approve $11 Million in...

NEW YORK, NY - June 10, 2010 - (RealEstateRama) -- New York State's major housing agencies, "nyhomes" and the Division of Housing and Community Renewal (DHCR), held their first joint board meeting today to approve grant awards.

Governor Paterson Announces Stimulus Funds Targeted To Cut Energy Costs For Low-Income Residents Of...

Albany, NY - December 8, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced $60.3 million in federal American Recovery and Reinvestment Act (ARRA) funding for weatherization projects that will work to reduce the energy burden on low-income residents in 9,431 multi-family housing units around the State.

Commissioner joins Governor and Mayor Bloomberg to Announce Nation’s First Housing Project to Use...

New York, NY- August 26, 2009 - (RealEstateRama) -- Commissioner VanAmerongen recently joined Governor Paterson and NYC Mayor Michael Bloomberg to announce that New York City became the first City in the nation to begin construction of new affordable housing using funds from the Tax Credit Assistance Program (TCAP).

Governor Paterson Announces $45 Million In Stimulus Funds To Jumpstart Affordable Housing

Albany, NY - August 18, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the award of $45 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA).

NYS Affordable Housing Corporation Approves $520,000 in Grants to Renovate 50 Homes in Chautauqua...

NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $520,000 in grants to two nonprofit organizations in Chautauqua County to finance renovations of 50 homes.

Governor Paterson Signs Legislation To Extend Affordable Housing Program In Brooklyn

Albany, NY - July 29, 2009 - (RealEstateRama) -- Governor David A. Paterson signed into law legislation that will extend affordable housing for another 30 years to the tenants of the 5,881-unit Starrett City housing complex in Brooklyn – the nation’s largest publicly assisted affordable housing complex.

Governor Paterson Announces $30 Million In Stimulus Funding For Affordable Housing Developments Across The...

Albany, NY - July 28, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the award of $30 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA).

Governor Paterson Announces More Than $31 Million in Affordable Housing Grants

Albany, NY - July 15, 2009 - (RealEstateRama) -- "At a time when many New Yorkers are affected by the economic downturn, we must ensure that our most vulnerable are protected and provided with the resources they need. This critical funding will provide affordable housing to thousands of New Yorkers statewide," said Governor Paterson.

DHCR Helps Break Ground on Affordable Housing Development in Yonkers

Albany, NY - July 13, 2009 - (RealEstateRama) – DHCR helped break ground recently on 330 Riverdale Avenue in Yonkers. The 11-story building will provide 153 apartments for low-income residents and is expected to be ready for occupancy in early 2011.

Community Access and Alembic Development Company Break Ground on a $37 Million, 105 Unit...

New York, NY - June 24, 2009 - (RealEstateRama) - Commissioner Deborah VanAmerongen of the NYS Division of Housing and Community Renewal (DHCR), Priscilla Almodovar, President and Chief Executive Officer of NYS Housing Finance Agency (HFA), Michael Newman, Director, Bureau of Housing Development, OMH, Gloribel M. Cruz, Vice President, Affordable Housing Finance, HSBC Bank USA, N.A., Bill Traylor, President, Richman Housing Resources, LLC and Diane Louard-Michel, Director, NY Program, Corporation for Supportive Housing (CSH), joined Community Access and its partner, Alembic Development Company to break ground on a $37 million project that will create 105 units of affordable housing on Cedar Avenue, in the Morris Heights section of the Bronx.

Canal Village Apartments will help Revitalize Rome Neighborhood

Albany, NY - June 22, 2009 - (RealEstateRama) - Commissioner VanAmerongen was on hand recently to celebrate the groundbreaking of Canal Village Apartments in the City of Rome. The development of eleven buildings with 33 affordable housing units is the first step of a major revitalization effort of the South Rome neighborhood.

New York State Announces Catholic Charities Brooklyn and Queens Picked to Develop 100 Affordable...

NEW YORK, NY - June 5, 2009 - (RealEstateRama) — New York State today announced that Catholic Charities Progress of Peoples Development Corporation has been chosen to buy and develop the Bernard Fineson Developmental Disabilities Senior Office site in Howard Beach, Queens, into low- and moderate-income senior housing.

NYS Affordable Housing Corporation Approves $195,000 Grant to Improve 13 Queensbury Homes

NEW YORK, NY - June 4, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $195,000 grant to the Town of Queensbury to renovate 13 single-family homes in Warren County.

Governor Paterson Unveils Comprehensive Foreclosure Legislation To Strengthen Protections For Homeowners, Tenants And Neighborhoods

Albany, NY - June 3, 2009 - (RealEstateRama) — Governor David A. Paterson today announced legislation that would build upon a landmark subprime lending reform law enacted last year by providing additional critical protections for New York State homeowners, tenants and neighborhoods in the wake of the ongoing foreclosure crisis. The bill would help homeowners currently at risk of foreclosure and minimize the negative impact that foreclosures can have on a community.

DHCR Wraps-Up Series of Regional Meetings with Foreclosure Prevention Professionals Across the State

New York, NY - May 18, 2009 - (RealEstateRama) — DHCR recently wrapped-up a series of six meetings it held throughout the state with housing counselors and legal service providers involved in assisting homeowners under New York's $25 million Subprime Foreclosure Prevention Program.

Free Service Available to Find and List Affordable and Accessible Housing

Albany, NY - May 12, 2009 - (RealEstateRama) — The New York State Division of Housing and Community Renewal (DHCR) today announced a free on-line housing listing and locator service for affordable, special needs, and accessible housing throughout New York State. The new service will assist renters, property providers, housing professionals and social service providers with accessing real-time rental housing information throughout New York State.

NYCOM Conference, Ribbon Cuttings and Equity Fund Forum Highlight Trip to Finger Lakes Region

Albany, NY - May 8, 2009 - (RealEstateRama) — Although her English is broken, Irene Bahiga spoke eloquently about the importance of affordable housing during a ribbon cutting ceremony to mark the opening of Olean Heights, 32 mixed income rental units in Rochester.

NYS Affordable Housing Corporation Approves $300,000 Grant to Renovate 50 Affordable Housing Units in...

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to Cayuga County Homsite Development Corporation to finance home improvements for 50 homes in the City of Auburn in Cayuga County.

DHCR Announces Unprecedented Statewide Housing Needs Study

Albany, NY - May 6, 2009 - (RealEstateRama) — For the first time in the agency's history, the state Division of Housing and Community Renewal (DHCR) has developed a Statewide Affordable Housing Needs Study. The report involved an unprecedented effort to reach out and gather first-hand information from local leaders and housing professionals who best understand the housing and community development needs of their own communities.