November 29, 2016 – (RealEstateRama) — New York State Homes and Community Renewal Commissioner James S. Rubin today announced a $2 million pilot program to address the prevalence of older, dilapidated mobile and manufactured homes and preserve an important source of affordable housing in New York. The Mobile and Manufactured Home Replacement Pilot Program (MMHR) assists homeowners to remove and replace dilapidated mobile or manufactured homes with new, energy efficient manufactured, modular or site built homes.
“Mobile and manufactured homes are an important housing option for many families,” Commissioner Rubin said. “Under Governor Cuomo’s leadership, New York State is fully funding the removal and replacement of dangerous, dilapidated mobile or manufactured homes, and providing residents with new, safer, more energy-efficient homes. We encourage our non-profit partners to apply for this program today so together we can ensure that more New Yorkers have a safe, secure roof overhead while improving and preserving the housing stock in communities around the state.”
Funding is available through New York State Homes and Community Renewal’s Housing Trust Fund Corporation. Local municipalities and not-for-profit corporations with experience providing residential affordable housing services in their communities can apply. Award recipients will select eligible homeowners—who own both the land and the unit—for funding of up to $100,000 to remove and replace their substandard home.
The MMHR Program application is available on HCR’s website. Applications are due no later than 4:00 PM (EST) on Tuesday, January 17, 2017. Applications must be submitted using the Community Development Online Application System.
Senate Housing Committee Chairperson Senator Betty Little said: “The Mobile and Manufactured Home Replacement Program will help address a shortfall in the availability of safe, affordable housing for low-income families in the North Country and other rural areas of New York State. I am pleased my Senate and Assembly colleagues supported this initiative in the State Budget and that Governor Cuomo and Commissioner Rubin recognized the need and enthusiastically support it as well. We all know this will make a big difference in the lives of some who now live in unsafe and inadequate homes. It also will boost some local building activity and result in new homes that are long-lasting and much more energy efficient.”
Assembly Housing Committee Chairperson Assemblyman Keith Wright said: “New York State has a diverse housing stock. This pilot program will enhance the lives of people who live in mobile or manufactured homes and lack the financial resources to keep them from falling into disrepair. All New Yorkers deserve a safe, warm, energy-efficient place to call home. I commend Governor Cuomo and his housing team for their commitment to these homeowners through the MMHR pilot program.”
About NYS Homes and Community Renewal
New York State Homes and Community Renewal (HCR) includes the Affordable Housing Corporation, the Division of Housing and Community Renewal, the Housing Finance Agency, State of New York Mortgage Agency, Housing Trust Fund Corporation and others. 2016 marks the fourth year of Governor Cuomo’s $1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018. In 2015, HCR set a record for financing the creation or preservation of more than 11,000 affordable homes and apartments and was the #1 bond issuer in the nation with $2.5 billion issued. The agency stands ready to make good on the Governor’s new $10 billion 100,000 unit House NY 2020 commitment. For more information on HCR programs and initiatives, please visit our website.