State helps municipalities aid home owners and buyers

Posted

Four municipalities in Oneida County are among communities sharing in $3.5 million to help 111 households throughout the Mohawk Valley to improve existing homes, increase access to affordable homes and provide down-payment help. 

The awards are provided through New York State Homes and Community Renewal’s annual HOME Local Program and the Community Development Block Grant’s Housing Program funding round.

The Community Development Block Grant program provides financial assistance to eligible cities, towns, and villages with populations under 50,000 and counties with an area population under 200,000.

The HOME Local Program provides funds to acquire, rehabilitate, or construct housing, or to provide assistance to low-income homebuyers and renters through partnerships with counties, towns, cities, villages, private developers, and community-based non-profit housing organizations. Since 2011, housing rehab and homeownership funds under these programs have assisted more than 8,200 households.

In Oneida County, $500,000 each is going to the town of Augusta, the village of Waterville
and the town of Marshall to support rehabilitation activities for 14 homeowners.

The village of Oriskany Falls was awarded $235,200 to support seven homeowners.

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment