State funding to expand affordable housing in Geneva

Gov.
Andrew Cuomo recently announced $45 million in funding to upgrade and preserve 215 affordable homes within the Geneva Housing Authority.The financing agreement is part of the state’s efforts to revitalize federal public housing and protect long-term affordability through the U.S.
Housing and Urban Development’s Rental Assistance Demonstration program, which allows housing authorities to access private financing to meet capital needs.Elmcrest Senior Apartments [...]

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