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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.

Encouraging Local Investment in Affordable Housing

Albany, NY - August 7, 2009 - (RealEstateRama) -- The new Birchez at Esopus affordable housing development for seniors was the site of a recent forum aimed at encouraging local investment in affordable housing through the new Upstate Equity Fund. Bankers, developers, and local officials, including Congressman Maurice Hinchey and Ulster Town Supervisor Nicky Woerner, gathered to learn about the benefits of the Low Income Housing Tax Credit (LIHC) Program and the need for local investment in affordable housing.

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).