The governor announced that they will be earmarked for the repair or replacement of homes for low-income people
Governor Kathy Hochul announced Thursday $20.7 million in grants that are expected to support critical repairs and modifications to more than 800 homes across the state. The funds are designed to help homeowners and renters, including seniors, veterans and people with disabilities, live safely and independently in their homes, revitalize neighborhoods and strengthen local economies.
“This $21 million assistance will provide 800 New Yorkers, including seniors and veterans, with the resources they need to have a safe and stable home in their own communities,” Ella Hochul said.
The 67 grants are administered by New York State Homes and Community Renewal and awarded to nonprofit organizations and municipalities through a variety of state and federal programs, including: RESTORE, Access to Home, Access to Home for Heroes, Access to Home for Medicaid Recipients, Manufactured and Mobile Home Replacement, and NYS HOME Program. This Local Program Administration award structure leverages the expertise of local partners and expands the reach of these programs throughout the state.
In the FY 2023 State Budget, the Governor successfully introduced and secured a five-year, $25 billion comprehensive housing plan that will increase the housing supply by creating or preserving 100,000 affordable homes across New York, including 10,000 with services support for vulnerable populations, in addition to the electrification of 50,000 additional homes.
- The subsidies
- $11.6 million to help 418 homeowners through the NYS HOME program. Program funds are used to purchase and/or rehabilitate single-family homes, provide down payment assistance, replace dilapidated mobile and manufactured homes, as well as provide tenant-based rental assistance to households with incomes at or below 80 percent area median income.
- $3.5 million to help 165 homeowners through the RESTORE program. RESTORE (Residental Emergency Services for the Elderly) provides financial resources to rebuild or remove dilapidated structures and help older homeowners live independently in their homes by addressing emergencies and code violations that pose a threat to health and safety. safety. This year, the Governor signed legislation expanding RESTORE to provide greater benefits and a more flexible schedule for senior homeowners in need of emergency repairs.
- $2.2 million to replace 25 homes under the Manufactured and Mobile Home Replacement program. Funds help low- and moderate-income individuals replace dilapidated mobile or manufactured homes that are located on owner-owned land with a new manufactured, site-built or modular home.
- $1.3 million to help 85 homeowners through the Access to Home for Medicaid Recipients program. The program provides financial assistance to make residential units accessible to Medicaid-eligible homeowners with disabilities.
- $1.1 million to help 71 homeowners through the Access to Home program. The program supports accessibility modifications to allow low- and moderate-income people with disabilities to remain safely in their homes.
Posted on December 21, 2022