Funding for affordable housing announced!

Now more than ever, we need the non profit delivery system to be strong and vibrant!  Congrats to those who were funded in the latest AHC round:Sullivan County

HFA approved $10 million in financing for the acquisition and rehabilitation of 111 affordable units in Woodland Townhouses and Barkley Gardens, which are Section 8 multifamily rental developments in the Village of Liberty.

Onondaga County

HFA approved:

— $5.4 million in financing for the acquisition of 11 parcels and construction of nine multifamily apartment buildings with 28 units on Syracuse’s east side;
–A $2.695 million loan to facilitate the purchase of a manufactured home park in the Town of Elbridge.

AHC approved two grants:

–A $700,000 grant to the Empire Housing and Development Corporation to acquire and renovate 25 single-family and five two-family homes in Onondaga County;
–A $250,000 grant to the Southern Hills Preservation Corporation to acquire and renovate 10 single-family homes in southern Onondaga County.

Warren County

AHC approved a $280,000 grant to the City of Glens Falls to finance improvements for 24 affordable housing units in the city.

Jefferson County

AHC approved a $192,000 grant to Neighbors of Watertown, Inc. to finance improvements for 24 single-family homes in the City of Watertown.

Cortland County

AHC approved a $375,000 grant to the Cortland Housing Assistance Council, Inc. to acquire and renovate 15 affordable homes in Cortland County.

Western New York

AHC approved a $1.6 million grant to the Rural Housing Opportunities Corporation to finance improvements for 120 single-family homes located in Genesee, Wayne and Monroe Counties.

Monroe County

AHC approved a $950,000 grant to the Greater Rochester Partnership Housing Development Fund Corporation to acquire and renovate 50 affordable homes in the City of Rochester.

Erie County

AHC approved a $77,500 grant to Southtowns Rural Preservation Company, Inc. to finance improvements for 13 single-family homes in southern Erie County.

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