A 5-Year Plan & $25 Billion for Affordable Housing in New York State

“I am very encouraged that Governor Hochul is committed to funding and making legislative changes to encourage the development of much needed affordable units and making changes to restrictive zoning policies. Her plan provides hope that the state is working innovatively to reduce the inequities in the housing market.” – Elissa Bard, VP of Community Lending

In case you haven’t heard, Gov. Hochul recently announced to implement a comprehensive 5-year plan, and $25 billion to create and preserve 100,000 affordable homes, including 10,000 homes with support services for vulnerable populations.  

For more on the plan, read here: https://on.ny.gov/3zY6FBt