NY Makes $26 Million Available To Expand Affordable Home Ownership

New York makes $26 million in grant funding available to promote affordable homeownership. Local governments and nonprofit organizations may apply for grants through the Affordable Home Ownership Development Program to help low- and moderate-income residents acquire and rehabilitate existing owner-occupied homes, and to construct new owner-occupied homes. The program also provides funding for home improvements to existing, owner-occupied one- to four-family homes, condominiums, or cooperatives. Go to hcr.ny.gov for program details and application information.

Source:
https://www.governor.ny.gov/news/governor-cuomo-announces-26-million-available-expand-affordable-homeownership