State of New York Mortgage Agency (SONYMA) Authorizes Issuance of Refunding Bonds

Thu, 06 Oct 2011 18:45:34 -0000

The Board of the State of New York Mortgage Agency, today authorized the issuance of economic refunding bonds (the "Refunding Bonds") to redeem at par certain of its outstanding bonds. In the current low-interest rate environment, this issuance ...

HCR Announces $78M in Low-Interest Loans and Tax Credits to Build and Preserve 2,200 Affordable Housing Units

Fri, 23 Sep 2011 19:47:31 -0000

New York State Homes & Community Renewal (HCR) Commissioner/CEO Darryl C. Towns today announced 35 awards under HCR's competitive Unified Funding Awards. The awards represent optimized energy efficiency and unprecedented accessibility for pers...

Commissioner Towns Announces Air Conditioners Available for Low-Income New Yorkers At Risk During a Heat Wave

Wed, 20 Jul 2011 19:12:48 -0000

New York State Homes and Community Renewal Commissioner/CEO Darryl C. Towns today announced assistance for low-income New Yorkers whose health issues pose a medical emergency during the extended period of hot weather forecast for the state in the ...

Tenant Protections Continue Despite Rent Law Expiration

Thu, 16 Jun 2011 11:19:51 -0000

With the expiration of New York State's rent laws at 12:01 AM on June 16, 2011, Housing and Community Renewal Commissioner Darryl Towns assured New Yorkers that protections continued for tenants in rent regulated housing.

Housing Commissioner Takes Office, Sets Priorities

Thu, 28 Apr 2011 13:13:44 -0000

Darryl C. Towns was officially named Commissioner/CEO of NYS Homes and Community Renewal (HCR) as his selection was approved by the boards of the State of New York Mortgage Agency (SONYMA) and the Housing Finance Agency (HFA).

NYS HCR Announces $52.2 Million Investment for Affordable Housing and Community Development

Thu, 17 Mar 2011 17:06:26 -0000

New York State Homes and Community Renewal (HCR) today announced approval of $3.2 million in awards and $49 million in insurance commitments to help build and preserve 756 affordable housing units, assist business development around the state, and...

NYS Homes & Community Renewal Announces New Program to Help Stabilize Neighborhoods Hit Hard by Foreclosure

Mon, 14 Mar 2011 17:51:47 -0000

NYS Homes and Community Renewal (HCR) which includes all the integrated housing and community renewal agencies of New York, today announced a new State of New York Mortgage Agency (SONYMA) program for low- and moderate-income first-time homebuyers...

HCR Affiliate Agency Receives 2010 "Deal of the Year" Award from The Bond Buyer

Tue, 14 Dec 2010 15:01:11 -0000

One of the integrated housing agencies that comprise New York State Homes and Community Renewal (HCR) has received a prestigious award from The Bond Buyer, a century-old national trade newspaper covering the municipal bond industry.

NYS HCR Approves $342 Million in Financings and Grants for Affordable Housing and Economic Development

Mon, 13 Dec 2010 20:18:27 -0000

New York State Homes and Community Renewal (HCR) recently approved $342 million in financings and grants to build and preserve 541 affordable housing units, create jobs and stimulate local economies around the state.

NYS HCR Approves $287.8M in Financings and Grants Statewide for Affordable Housing and Economic Development

Thu, 28 Oct 2010 20:16:21 -0000

New York State Homes and Community Renewal (HCR) today approved $287.8 million in financings and grants to build and rehabilitate 1,854 affordable homes, create jobs and stimulate local economies.

Beacon Energy Efficiency and Renewal Event on Weatherization Day - Friday, October 29

Thu, 28 Oct 2010 19:43:51 -0000

In honor of New York State Weatherization Day, Beacon Housing Authority will kick off construction on a $2.5 million Energy Efficiency and Renewable project for its 245 apartments in Beacon. The project demonstrates an innovative partnership, util...

NYS Homes and Community Renewal Approves $150 Million in Recovery Act Bonds for Five Local Governments

Thu, 07 Oct 2010 17:45:43 -0000

New York State Homes and Community Renewal (HCR), representing the newly-integrated housing and community development agencies of the state, today announced the approval of up to $150 million in Recovery Act Bonds to help five local governments fi...

New York State Homes and Community Renewal Announces First Awards of Mobile Home Replacement Initiative

Thu, 30 Sep 2010 13:01:12 -0000

New York State Homes and Community Renewal (HCR) representing the State's newly-integrated housing agencies, has implemented a new program that will address the growing crisis of outdated, dilapidated mobile and manufactured homes located througho...

New York's Top Housing Official Announces New York State Homes and Community Renewal

Wed, 22 Sep 2010 16:24:08 -0000

The State's main housing agencies have been integrated under a single leadership structure to form a new organization well-equipped to respond to the growing need for affordable housing in New York. The new organization, New York State Homes and C...

State's Top Housing Official Announces Integration of Housing Agencies

Tue, 21 Sep 2010 14:32:48 -0000

Tomorrow, the State's top housing official, Brian Lawlor, will be announcing the details of the consolidation and merger of New York's primary housing agencies into a single organization under a single leadership structure, which will better align...

Downstate Not-For-Profits in Receive 21 Awards Totaling $4.5 million for Important Housing Programs

Thu, 16 Sep 2010 14:40:13 -0000

Governor David A. Paterson today announced 21 awards totaling $4.5 million to not-for-profit housing agencies and local governments in New York City, Long Island and Westchester County that will help to build, rehabilitate or modify 292 homes for ...

Western New York Not-For-Profits to Receive 26 Awards Totaling $9 million for Important Housing Programs

Thu, 16 Sep 2010 14:27:00 -0000

Governor David A. Paterson today announced 26 awards totaling more than $9 million to not-for-profit housing agencies and local governments in Western New York that will help to build, rehabilitate or modify 421 homes for low-income families, peop...

Central New York Not-For-Profits to Receive 24 Awards Totaling $7.5 million for Important Housing Programs

Thu, 16 Sep 2010 14:21:24 -0000

Governor David A. Paterson today announced 24 awards totaling $7.5 million to not-for-profit housing agencies and local governments in Central New York that will help to build, rehabilitate or modify 387 homes for low-income families, people with ...

Capital District Not-For-Profits Receive 23 Awards Totaling $6 million for Important Housing Programs

Thu, 16 Sep 2010 14:13:28 -0000

Governor David A. Paterson today announced 23 awards totaling more than $6 million to not-for-profit housing agencies and local governments in the Capital Region and Hudson Valley that will help to build, rehabilitate or modify 371 homes for low-i...

SONYMA Mortgage Rates Reduced to Lowest Level in 40 Years

Tue, 07 Sep 2010 17:28:38 -0000

The State of New York Mortgage Agency (SONYMA) is now providing the lowest interest rates ever offered for its two primary programs in the agency's 40-year history. SONYMA's core program, the Low Interest Rate Program is now being offered at a rat...

DHCR and "nyhomes" Announce $30 Million in Affordable Housing and Community Renewal Awards for Western NY

Fri, 27 Aug 2010 15:50:20 -0000

The State Division of Housing and Community Renewal (DHCR) and "nyhomes" today announced $30 million in awards for communities in Western New York. The awards will help to develop affordable housing, revitalize downtowns, and upgrade water and sew...

DHCR and "nyhomes" Announce $29 Million in Affordable Housing and Community Renewal Awards for NYC and Suburbs

Fri, 27 Aug 2010 15:50:14 -0000

The State Division of Housing and Community Renewal (DHCR) and "nyhomes" today announced $29 million in awards for communities in the New York City area. The awards will help to develop affordable housing and revitalize downtowns. The awards will ...

DHCR and "nyhomes" Announce $32 Million in Affordable Housing and Community Renewal Awards for Central NY

Fri, 27 Aug 2010 15:49:34 -0000

The State Division of Housing and Community Renewal (DHCR) and "nyhomes" today announced $32 million in awards for communities in Central New York. The awards will help to develop affordable, revitalize downtowns, and upgrade water and sewer syste...

DHCR and "nyhomes" Announce $31 Million in Affordable Housing and Community Renewal Awards for Capital Region

Fri, 27 Aug 2010 14:57:52 -0000

The State Division of Housing and Community Renewal (DHCR) and "nyhomes" today announced $31 million in awards for communities throughout the Capital Region. The awards will help to develop affordable housing, revitalize downtowns, and upgrade wat...

Three New York State Housing Agency Developments Selected Among Nation's Best

Tue, 24 Aug 2010 15:11:42 -0000

Three developments financed by New York State's housing agencies, The Division of Housing and Community Renewal (DHCR) and "nyhomes," have been named finalists in Affordable Housing Finances' sixth annual Reader's Choice Awards, serving as models ...

NYS DHCR Receives Additional Federal Funds to Help Homeless Veterans

Thu, 08 Jul 2010 14:46:18 -0000

The New York State Division of Housing and Community Renewal (DHCR) has received an award of $1 Million from the US Department of Housing and Urban Development (HUD) that will help provide permanent housing for homeless veterans. The award will su...

DHCR Announces $55 Million in Additional Weatherization Grants for High-Performing Providers

Tue, 22 Jun 2010 17:11:04 -0000

The NYS Division of Housing and Community Renewal (DHCR) today announced that 24 Weatherization Assistance providers in New York will receive a total of $55.4 million in additional funds through the American Recovery and Reinvestment Act (ARRA). T...

DHCR Deputy Commissioner Joe Rabito Receives Advance New York Award

Tue, 08 Jun 2010 14:53:39 -0000

Joe Rabito, Deputy Commissioner of the New York State Division of Housing and Community Renewal (DHCR), recently received the New York State Economic Development Council's (NYSEDC) Advance New York Award. Rabito oversees DHCR's Office of Community...

DHCR Announces $1 Million in NYS CDBG Planning Grants Available

Fri, 04 Jun 2010 14:34:10 -0000

The New York State Division of Housing and Community Renewal (DHCR) announced the availability of approximately $1,000,000 in funding for the NYS Community Development Block Grant (NYS CDBG) Community Planning Program.

DHCR Announces Funding to Help Small Businesses and Entrepreneurs

Mon, 17 May 2010 14:43:33 -0000

The NYS Division of Housing and Community Renewal (DHCR) today announced four grant awards through the NYS Community Development Block Grant (NYS CDBG) Small Business Program. The awards will help new and existing small businesses and micro-enterp...

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