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Housing non-profits receive state funds to rehab, renovate units

Rochester Business Journal
June 18, 2014

The Greater Rochester Housing Partnership will receive $625,000 in state fund to buy and rehabilitate as many as 25 affordable units in the city, and $315,000 to build nine single-family homes for first-time buyers, officials announced.

In addition, North East Area Development Inc. was awarded $200,000 to renovate 25 affordable units in Rochester. And the Bishop Sheen Ecumenical Housing Foundation will get $600,000 to restore 100 units in 12 counties, including Monroe, Livingston, Ontario and Wayne.

The funding is part of $14 million awarded to 37 entities through the Affordable Housing Corp., part of New York State Homes and Community Renewal, officials said.

The competitive awards are made to local municipalities and non-profit organizations.

“Every New Yorker deserves a home that is safe and affordable, and today we are funding projects across the state that will help make that a reality,” Gov. Andrew Cuomo said in a statement.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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