$1B State Push Brings New Affordable Housing To Albany, Hudson Valley
In a sweeping push to tackle New York’s housing crisis, the state is investing $1 billion to create or preserve nearly 3,000 affordable homes across 15 communities.
Nearly 500 affordable apartments are set to be created or rehabilitated in the Capital Region and Hudson Valley, Gov. Kathy Hochul’s office announced Thursday, June 26.
The funding, allocated through New York State Homes and Community Renewal, will support construction or preservation efforts in Albany, Yonkers, Mount Vernon, and Poughkeepsie, advancing Hochul’s five-year, $25 billion Housing Plan to build or preserve 100,000 a…
