Local Organizations to Receive Funding For Affordable Housing
(WENY) - Money for the development and preservation of affordable housing is coming to areas of the Southern Tier.
A few organizations in the Southern Tier will receive federal funding that will go toward affordable housing.
Arbor Housing and Development in Corning will receive $257,000 and Ithaca Neighborhood Housing Services will receive $332,000.
"Skyrocketing housing costs have put homeownership out of reach for too many New Yorkers," said Senator Gillibrand. "This funding will help develop and preserve desperately needed affordable housing units across our state and counsel families through the process of buying their homes. I'm proud to be announcing this funding today and I'll keep fighting to make affordable housing accessible for all."
According to Senator Kirsten Gillibrand's office, the money will be used to develop quality, affordable rental homes, assist first-time homebuyers, and provide housing and counseling services.