US Senators Charles Schumer and Kirsten Gillibrand, along with Governor Kathy Hochul, have awarded over $140 million to the State of New York to fund affordable housing initiatives in the state. The funding, which comes from the 2021 Omnibus Appropriations bill, is aimed at preventing homelessness, promoting affordable housing, and enhancing the quality of life for New York residents. The funding is allocated to three major programs: the HOME Investment Partnerships Program, the Community Development Block Grant Program, and the Emergency Solutions Grants Program.
Click the link below to learn more about this significant financial boost to New York’s affordable housing initiatives. Understand how the funds will be allocated and the impact it will have on the lives of New York residents. The article provides a comprehensive understanding of the 2021 Omnibus Appropriations bill, and the role of the US Senators and the Governor in securing these funds.