SCHUMER, GILLIBRAND ANNOUNCE MORE THAN $8 MILLION IN HUD FUNDING FOR CAPITAL REGION
Funding Will Support Housing Authorities Throughout Eight Counties In The Capital Region
Washington, D.C. – U.S. Senators Charles Schumer and Kirsten Gillibrand today announced $8,245,246 in federal funding for housing authorities throughout eight counties in the Capital Region. The funding was allocated through the U.S. Department of Housing and Urban Development’s (HUD) Capital Fund Program. These funds will be used to modernize and develop affordable housing for low-income, working families in the region.
“Having a roof over your head is one of life’s basic necessities, so we must do everything we can to help provide those truly in need with a place to live. This federal funding will help support affordable housing initiatives throughout the Capital Region that assist needy families, the elderly, and persons with disabilities to find an affordable place to live,” said Senator Schumer.
“All New Yorkers should have a place to live that is safe and affordable,” said Senator Gillibrand. “This critical funding will help ensure Capital Region families and seniors have access to safe affordable housing options and that the community's needs are met.”
Funding will be used for various housing authorities throughout the Capital Region. Albany County will receive $3,135,513, Columbia County $187,360, Fulton County $351,345, Greene County $113,897, Montgomery County $342,041, Rensselaer County $2,158,045, Saratoga County $580,602 and Schenectady County will receive $1,376,443.
The full list of organizations receiving funding is below:
· Albany County
o Albany Housing Authority will receive $2,249,899
o Cohoes Housing Authority will receive $458,255
o Watervliet Housing Authority will receive $427,359
· Columbia County
o Hudson Housing Authority will receive $187,360
· Fulton County
o Gloversville Housing Authority will receive $351,345
· Greene County
o Catskill Housing Authority will receive $113,897
· Montgomery County
o Amsterdam Housing Authority will receive $342,041
· Rensselaer County
o Hoosick Housing Authority will receive $31,278
o Rensselaer Housing Authority will receive $181,359
o Troy Housing Authority will receive $1,945,408
· Saratoga County
o Mechanicville Housing Authority will receive $173,597
o Saratoga Springs Housing Authority will receive $407,005
· Schenectady County
o Schenectady Municipal Housing Authority will receive $1,376,443
HUD’s Office of Capital Improvement administers the Capital Fund program, which provides funds annually public housing agencies (PHAs) across the country. PHAs may use Capital Fund grants for development, financing, modernization, and management improvements. Assistance must be used to modernize and/or develop public housing and must comply with the eligible activities of Section 9(d) of the U.S. Housing Act of 1937.
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