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Audit Finds Construction Delays in Public Housing Program Across New York State

Problems with the administration of the public housing modernization program run by New York State Homes and Community Renewal (HCR) have led to years-long delays in projects outside New York City, according to an audit released today by State Comptroller Thomas P. DiNapoli.

NYS Homes and Community Renewal Targets Resources to Preserve and Upgrade Existing Affordable Housing

November 9, 2010 - (RealEstateRama) -- New York State Homes and Community Renewal (HCR) which consists of the all the state's newly-integrated housing and community renewal agencies, launched a new $25,000,000 Preservation Initiative Program that uses existing funds and leverages multiple program resources to preserve and upgrade New York's existing stock of affordable housing. The program will provide financing to upgrade the physical conditions of this aging portfolio

New York’s Top Housing Official Announces Consolidation of Housing Agencies to Form Single New...

Albany, NY - September 22, 2010 - (RealEstateRama) -- The State's main housing agencies have been integrated under a single leadership structure to form a new organization well-equipped to respond to the growing need for affordable housing in New York.