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SHB01052017

2 THE COURIER SUN • JANUARY 5, 2017 FOR BREAKING NEWS VISIT www.qns.com State grant to boost post-Sandy home rebuilding BY ANTHONY GIUDICE agiudice@qns.com @A_GiudiceReport The housing stock in Queens is getting a boost thanks to the New York State Homes and Community Renewal’s Affordable Home Ownership Development Program, Governor Andrew Cuomo announced last week. The program, administered by the Affordable Housing Corporation, will dole out nearly $8 million in funds to construct, rehabilitate and improve the homes of 295 income-eligible families across New York State. It will provide up to $40,000 per dwelling to eligible municipalities, municipal housing authorities, and other not-for-profit and charitable organizations that develop affordable housing or assist homeowners in funding necessary repairs. According to the governor’s office, these awards will: • make improvements to existing owner-occupied single or multi-family homes, condominiums or cooperatives; • acquire and rehabilitate owner-occupied homes for sale, including single and multi-family homes, condominiums or cooperatives; and • construct new owner-occupied homes for sale, including single and multi-family homes, condominiums or cooperatives including replacing dilapidated mobile and manufactured homes. In Queens, approximately $1.2 million will be awarded to SBP Inc. to improve approximately 30 units located on scattered sites in Queens and Kings County for homes damaged in Superstorm Sandy; another $880,000 will be given to Restored Homes Housing Development Fund Corporation for the acquisition and rehabilitation of 22 units to be located at scattered sites throughout Queens.


SHB01052017
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