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08
MAY
2013

Unified Funding Awards

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Governor Andrew M. Cuomo has announced the Unified Funding Awards 2013 for shovel-ready projects to build affordable housing across the state. The low-interest loans and tax credits will build and preserve 2,060 units of affordable housing and are expected to leverage more than $485 million in grants, loans and private resources.  The funds were available through New York State Homes & Community Renewal (HCR)’s Unified Funding Application. HCR will make 33 awards, totaling over $91 million in low-interest loans and tax credits that will build and preserve 2,060 units of affordable housing. The projects are expected to leverage over $485 million in grants, loans and private resources.

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