Breaking News from readMedia

NYS Housing Agencies Approve $263M in Financings and Awards

Fri, 17 Sep 2010 14:13:38 -0400

New York State's housing agencies have approved $263.1 million in financings and grants to build and renovate affordable housing, promote business development and create jobs.

SONYMA Mortgage Rates Reduced to Lowest Level in 40 Years

Tue, 07 Sep 2010 15:39:00 -0400

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...

Governor Signs Bill to Encourage SONYMA-Insured Refinancing of "Overleveraged" Apartment Buildings

Mon, 02 Aug 2010 09:38:55 -0400

Governor David A. Paterson has signed legislation that will enable New York State to help refinance apartment buildings that ran into severe financial difficulties as a result of the housing crisis. The new law will allow the State of New York Mor...

New York State Approves $18.4 Million in Grants and Financings

Thu, 15 Jul 2010 15:59:26 -0400

New York State's housing agencies today approved $18.4 million in grants and financings to build and renovate affordable housing, help businesses grow and create jobs, and assist homeowners at risk of foreclosure.

NYS's Housing Agencies Hold First Joint Board Meeting; Approve $11M in Housing Grants for Affordable Housing

Thu, 10 Jun 2010 16:24:40 -0400

New York State's major housing agencies, "nyhomes" and the Division of Housing and Community Renewal (DHCR), held their first joint board meeting today to approve grant awards.

NYS Affordable Housing Corporation Approves $485,000 in Grants to Renovate 51 Western New York Homes

Thu, 10 Jun 2010 15:50:39 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved $485,000 in grants to fund home renovations to 51 affordable homes in Western New York.

NYS Affordable Housing Corporation Approves $300,000 Grant to Rehab 32 Homes in Lewis County

Thu, 10 Jun 2010 15:48:56 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to Snow Belt Housing Company, Inc. to finance home improvements of 32 homes in Lewis County.

NYS Affordable Housing Corporation Approves $1.75M Grant for Affordable Workforce Housing on Long Island

Thu, 10 Jun 2010 15:45:39 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.75 million grant to the Long Island Housing Partnership (LIHP) to acquire and rehab 80 homes in Nassau and Suffolk counties.

NYS Affordable Housing Corporation Approves $625,000 Grant to Finance 25 Affordable Co-ops in New York City

Thu, 10 Jun 2010 15:44:10 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved a $625,000 grant to the Housing Partnership Development Corporation to help finance the construction of 25 affordable co-op apartments in New York City.

"nyhomes" Chairman, Staff Help Habitat for Humanity - New York City Build Affordable Homes in the Bronx

Thu, 27 May 2010 10:25:39 -0400

Staff members of "nyhomes," New York State's affordable housing lender, are rolling up their sleeves today and helping Habitat for Humanity - New York City build the Prospect-Macy Co-op Apartments in the Longwood section of the South Bronx.

NYS Housing Finance Agency Approves $6.7M in Financing to Renovate 101 Affordable Apartments in Rochester

Thu, 13 May 2010 15:59:46 -0400

The board of the New York State Housing Finance Agency (HFA) today approved $6.7 million in financing to undertake major capital improvements at the Westfall Heights Apartments, a 101-unit affordable housing complex located in the City of Rochester.

NYS HFA Approves $12.5M in Financing to Renovate 186 Affordable Apartments in Onondaga County

Thu, 13 May 2010 15:59:37 -0400

The board of the New York State Housing Finance Agency (HFA) today approved more than $12.5 million in financing to undertake major renovations of Bayshore Apartments, a 186-unit affordable rental complex in Onondaga County.

NYS Housing Finance Agency Approves $10M in Financing to Renovate 227 Affordable Apartments in Warren County

Thu, 13 May 2010 15:55:05 -0400

The board of the New York State Housing Finance Agency (HFA) today approved $10 million in financing to undertake major capital improvements at the Montcalm Apartments, a 227-unit affordable housing complex located in Warren County.

New York State Approves $57.6 Million in Financing to Build and Renovate 670 Affordable Housing Units

Thu, 13 May 2010 15:52:28 -0400

The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $57.6 million in financing to build and renovate 670 affordable housing units in the state.

NYS Housing Finance Agency Approves $26.9 Million in Financing to Build Two Supportive Housing Projects in NYC

Thu, 13 May 2010 15:49:19 -0400

The board of the New York State Housing Finance Agency (HFA) today approved more than $26.9 million in financing to build two supportive housing projects with a total of 120 units in New York City.

NYS Affordable Housing Corporation Approves $1.44M Grant to Build 36 Affordable Homes in Rockland County

Thu, 13 May 2010 15:46:49 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.44 million grant to the Ramapo Local Development Corporation to build 36 affordable new homes in Rockland County.

NYS Affordable Housing Corporation Approves $600,000 in Grants to Renovate 130 Affordable Rochester Homes

Thu, 08 Apr 2010 15:17:13 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved $600,000 in grants to finance improvements in 130 homes in the City of Rochester.

NYS Affordable Housing Corporation Approves $120,000 Grant to Build Three Affordable Homes in Rockland County

Thu, 08 Apr 2010 15:08:56 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved a $120,000 grant to the Rockland Housing Action Coalition, Inc. to build three affordable homes in Rockland County.

NYS Affordable Housing Corporation Approves $1.3 Million Grant to Build 40 Affordable Homes in Suffolk County

Thu, 08 Apr 2010 15:08:06 -0400

The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.3 million grant to the Nassau-Suffolk Partnership Housing Development Fund Company, Inc. to help build 40 new affordable homes in Suffolk County.

NYS Housing Finance Agency Approves $250,000 to Finance Homeless Facility in Binghamton

Thu, 08 Apr 2010 15:06:46 -0400

The board of the New York State Housing Finance Agency (HFA) today approved funding up to $250,000 to help Community Potential, Inc. finance an eight-unit homeless housing facility in the City of Binghamton.

New York State Approves $2.27 Million to Build and Rehab 181 Affordable Housing Units

Thu, 08 Apr 2010 15:05:13 -0400

The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $2.27 million in funding to build and renovate 181 affordable housing units across the state.

NYS Affordable Housing Corporation Approves $250,000 Grant for Home Improvements in Oswego County

Thu, 04 Mar 2010 16:43:33 -0500

The board of the New York State Affordable Housing Corporation (AHC) today approved a $250,000 grant to the Oswego County Department of Community Development, Tourism and Planning to renovate 30 homes in Oswego County.

NYS Affordable Housing Corporation Approves $700,000 Grant for Home Improvements in Onondaga County

Thu, 04 Mar 2010 16:39:58 -0500

The board of the New York State Affordable Housing Corporation (AHC) today approved a $700,000 grant to the Empire Housing and Development Corporation to acquire and renovate 28 housing units in Onondaga County.

NYS Affordable Housing Corporation Approves $260,000 Grant for Home Improvements in Greene, Delaware Counties

Thu, 04 Mar 2010 16:38:47 -0500

The board of the New York State Affordable Housing Corporation (AHC) today approved a $260,000 grant to the Western Catskills Community Revitalization Council, Inc. to acquire and renovate eight homes in Delaware and Greene Counties.

NYS Affordable Housing Corporation Approves $75,000 Grant for Home Improvements in Buffalo

Thu, 04 Mar 2010 16:26:55 -0500

The board of the New York State Affordable Housing Corporation (AHC) today approved a $75,000 grant to The Citizen's Alliance, Inc. to finance improvements of seven housing units in Buffalo.