News from NYSHFA

New York State Issues Plan to Distribute $54.5M in Federal Funds to Buy and Renovate Foreclosed Properties

Fri, 07 Nov 2008 15:33:04 -0000

NEW YORK-Friday, November 7, 2008-New York State today issued for public comment its draft plan for distributing $54.5 million in Federal Neighborhood Stabilization Program (NSP) funds that were allocated to the State to buy, renovate and resell f...

NYS Affordable Housing Corporation Approves $77,500 Grant to Renovate 13 Affordable Homes in Erie County

Wed, 05 Nov 2008 21:30:05 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $77,500 grant to Southtowns Rural Preservation Company, Inc. to finance improvements for 13 single-family homes in southern Erie County.

NYS Affordable Housing Corporation Approves $192,000 Grant to Renovate 24 Affordable Homes in Watertown

Wed, 05 Nov 2008 21:28:47 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $192,000 grant to Neighbors of Watertown, Inc. to finance improvements for 24 single-family homes in the City of Watertown.

NYS Affordable Housing Corporation Approves $375,000 Grant to Renovate 15 Affordable Homes in Cortland County

Wed, 05 Nov 2008 21:28:13 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $375,000 grant to the Cortland Housing Assistance Council, Inc. to acquire and renovate 15 affordable homes in Cortland County.

NYS HFA and AHC Approve More than $9M to Preserve and Create 245 Affordable Homes in Onondaga County

Wed, 05 Nov 2008 20:57:55 -0000

New York State approved more than $9 million in financing today to create and preserve 245 units of affordable housing in Onondaga County. The actions were taken by the boards of the New York State Housing Finance Agency (HFA) and its subsidiary, ...

NYS Affordable Housing Corporation Approves $280,000 Grant to Renovate 24 Affordable Homes in Glens Falls

Wed, 05 Nov 2008 20:50:12 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $280,000 grant to the City of Glens Falls to finance improvements for 24 affordable housing units in the city.

NYS Affordable Housing Corporation Approves $950,000 Grant to Renovate 50 Affordable Homes in Rochester

Wed, 05 Nov 2008 20:48:55 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $950,000 grant to the Greater Rochester Partnership Housing Development Fund Corporation to acquire and renovate 50 affordable homes in the City of Rochester.

NYS Affordable Housing Corporation Approves $1.6M Grant to Improve 120 Single-Family Homes in Western New York

Wed, 05 Nov 2008 20:43:20 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.6 million grant to the Rural Housing Opportunities Corporation to finance improvements for 120 single-family homes located in Genesee, Wayne and Monroe Counties.

NYS HFA Approves $10 Million in Financing to Renovate 111 Affordable Housing Units in Sullivan County

Wed, 05 Nov 2008 20:40:47 -0000

The board of the New York State Housing Finance Agency (HFA) today approved $10 million in financing to renovate 111 units of affordable housing at Woodland Townhouses and Barkley Gardens in the Village of Liberty, Sullivan County.

NYS HFA and AHC Approve Nearly $14.5 Million in Financing to Preserve 280 Affordable Homes on Long Island

Wed, 05 Nov 2008 20:39:36 -0000

New York State approved nearly $14.5 million in financing today to preserve 280 units of affordable housing on Long Island. The actions were taken by the boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York St...

NYS HFA and AHC Approve Nearly $30 Million in Financing to Build 177 Affordable Units in New York City

Wed, 05 Nov 2008 20:37:30 -0000

New York State approved nearly $30 million in financing today to build 177 new units of affordable housing in New York City. The actions were taken by the boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York S...

New York State Approves $66.8 Million in Financing to Preserve and Create 1,059 Affordable Housing Units

Wed, 05 Nov 2008 20:36:49 -0000

New York State approved $66.8 million in financing to preserve and create 1,059 affordable housing units throughout the state. The approvals were made by the New York State Housing Finance Agency (HFA) and its subsidiary, the New York State Afford...

Fourteen Units of Affordable Housing Added in Westchester County

Fri, 31 Oct 2008 15:52:54 -0000

The completion of 422 Warburton Avenue in Hastings-On-Hudson, New York, a newly constructed 14-unit affordable apartment complex, was celebrated with a ribbon cutting on Friday, October 31st. The complex features 3 separate buildings, private park...

NYS Housing Finance Agency Approves $6.4M in Financing for a 62-Unit Senior Apartment Complex in Wayne County

Wed, 15 Oct 2008 18:14:55 -0000

The board of the New York State Housing Finance Agency (HFA) today approved $6.4 million in financing for the construction of a 62-unit senior citizen rental apartment complex in the Town of Walworth in Wayne County.

St. Philip's on the Park Opens Renovated Plaza and Playground; Announces Completion of Apartment Renovations

Fri, 26 Sep 2008 18:36:06 -0000

St. Philip's on the Park, a 260-unit affordable multifamily rental apartment building located in central Harlem, today opened a renovated plaza and a new playground and announced the completion of the renovation of all of its apartments.

Friday, September 26th - Request for Media Coverage

Thu, 25 Sep 2008 19:51:43 -0000

REQUEST FOR MEDIA COVERAGE on Friday, September 26th

NYS Affordable Housing Corp. Approves $450,000 in Grants to Finance Home Improvements in the North Country

Wed, 17 Sep 2008 20:34:10 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved two grants for $450,000 to finance improvements for 52 affordable units in the North Country.

NYS Affordable Housing Corporation Approves $2.17 Million Grant to Finance New Co-ops in Brooklyn

Wed, 17 Sep 2008 20:18:41 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $2.17 million grant to the Housing Partnership Development Corporation to finance the construction of 70 co-op units in the Bedford-Stuyvesant section of Brooklyn.

NYS AHC Approves $240,000 in Grants to Finance Home Improvements and New Construction in Monroe County

Wed, 17 Sep 2008 20:14:27 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved $240,000 in grants to finance the construction of a new home and improvements to existing homes in Monroe County.

NYS Affordable Housing Corporation Approves $275,000 Grant to Finance New Homes in Suffolk County

Wed, 17 Sep 2008 20:04:59 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $275,000 grant to Habitat for Humanity of Suffolk to finance the construction of 11 single-family homes in Suffolk County.

NYS Affordable Housing Corp. Approves $800,000 Grant to Acquire and Renovate Affordable Homes in Syracuse

Wed, 17 Sep 2008 19:59:26 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved an $800,000 grant to Home HeadQuarters, Inc. to acquire and renovate 20 affordable homes in the City of Syracuse.

NYS Affordable Housing Corporation Approves $400,000 Grant to Finance Home Improvements in Tompkins County

Wed, 17 Sep 2008 19:49:38 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $400,000 grant to Ithaca Neighborhood Housing Services to finance improvements for 25 single-family homes in Tompkins County.

NYS Affordable Housing Corporation Approves $300,000 Grant to Finance Home Improvements in Albany County

Wed, 17 Sep 2008 19:43:59 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to the Albany County Rural Housing Alliance to finance improvements for 30 affordable units in Albany County.

$7 Million in Financing Approved to Build and Renovate Affordable Housing in Westchester and Rockland Counties

Wed, 17 Sep 2008 19:29:48 -0000

The boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York State Affordable Housing Corporation (AHC), today approved $7 million in financing to renovate and build 141 units of affordable housing in Westchester ...

NYS Affordable Housing Corporation Approves $780,000 Grant to Habitat for Humanity to Finance New Homes

Wed, 17 Sep 2008 19:28:09 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved a $780,000 grant to Habitat for Humanity of New York State to finance the construction of 21 single-family homes in four counties, including Orange County.

NYS Affordable Housing Corporation Approves $320,000 in Grants to Finance New Homes and Renovations in Buffalo

Wed, 17 Sep 2008 19:15:11 -0000

The board of the New York State Affordable Housing Corporation (AHC) today approved $320,000 in grants to finance the construction of 20 new homes and improvements to existing homes in the City of Buffalo.

Governor Paterson Announces $12.7 Million in Grants and Financings for Affordable Housing

Wed, 17 Sep 2008 18:50:35 -0000

Governor David A. Paterson today announced $12.7 million in grants and financings to create and preserve 411 affordable housing units throughout New York State.

SONYMA to Issue $168 Million in Bonds to Finance Near-Record First-Time Homeowner Mortgages

Tue, 05 Aug 2008 18:27:26 -0000

The State of New York Mortgage Agency (SONYMA) has priced the issuance of $168 million in bonds to fund near-record demand for the Agency's low-interest fixed-rate mortgage loans, which are available to low- and moderate-income first-time homebuye...