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Friday, August 01, 2014
Canajoharie, NY ,
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Governor Cuomo allocates $288,000 to Canajoharie for housing rehab

Thursday, June 19, 2014 - Updated: 4:22 AM

CANAJOHARIE -- Governor Andrew M. Cuomo, on Tuesday, announced 37 awards, totaling $14 million, to rehabilitate and construct low- and moderate-income housing in every region across the state. The competitive awards are made to local municipalities and not-for-profit organizations to help revitalize communities and drive local economic activity.

Included in the awards was a $288,000 allocation to the village of Canajoharie for the rehabilitation of 11 affordable units.

The awards assist in the costs of home improvements, the rehabilitation of existing housing, and the new construction of homes for first-time homebuyers, and are provided through the Affordable Housing Corporation (AHC). AHC, which is part of New York State Homes and Community Renewal (HCR), supports homeownership opportunities for low- and moderate-income families by providing grants to municipalities and not-for-profit organizations.

The awards also leverage additional public resources to maximize the community development opportunities. Some of the other subsidies include funds from the following programs: Community Development Block Grant (CDBG) program, RESTORE (Residential Emergency Services to Offer Repairs to the Elderly), local HOME funds, Urban Initiative funds, and Weatherization funds.

     

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