Two local community development organizations receive more than $600k in federal grants combined
WASHINGTON, D.C. (WENY) – U.S. Senators Chuck Schumer and Kirsten Gillibrand have announced over $3 million in federal funding will be given to Upstate New York community development organizations in order to expand affordable housing opportunities.
The funding went to organizations in the national NeighborWorks America network, a public nonprofit that provides grants and technical assistance to community development organization that support affordable housing initiatives, neighborhood revitalization projects, small business lending and more.
NeighborWorks America was established by Congress in 1978 and includes more than 250 nationwide. The senators say the funding will be used to support investments in community development and lending, including:
- Developing multi-family rental, single-family rental, for sale housing and pre- and post-development activities
- Lending to support residential mortgages
- Down-payment assistance
- Commercial small business lending
Locally, grant money will be going to two local community development organizations. Arbor Housing and Development in Steuben County will receive a total of $246,500 in funding. Additionally, Ithaca Neighborhood Housing Services, Inc. of Tompkins County will receive $437,000.
“Access to affordable housing is essential for the health of our families and the economic strength of our communities,” said Senator Schumer. “This funding, from NeighborWorks America, will strengthen neighborhoods, remove blight, and provide safe, quality housing for families across Upstate New York. I will continue to fight for and deliver funds to New York that help provide families and children with safe and affordable housing options.”
“Every New Yorker deserves to have a safe place to live. These federal funds will support organizations throughout Upstate New York that are working to revitalize and improve their communities and that help provide affordable housing options for families in our state,” said Senator Gillibrand. “Access to safe and reliable housing is essential to the health of our communities, and I will always fight to ensure our communities have the resources they need.”
In 2018's fiscal year, NeighborWorks America and its network provided over 457,000 Americans with housing and counseling services.