The New York State Budget should be in place by April 1, the start of the State Fiscal Year. The Preservation Program will be funded despite the Governor’s proposed defunding this program. Both Senate and Assembly truly value the work of community based CDCs, and both understand that they create economic opportunity and creates jobs. RPC/NPC funding levels have been restored, “plus a little bump”; we anticipate that groups will be funded in the high $60’s.
Rental Assistance has been funded at the level that the Governor proposed, so this year the State’s obligations can be met at $19.6 Million. We hope to work together with Senator Young this summer, holding public hearings and or fact finding meetings to try to secure the future of this program.