Governor Hochul Announces $25M in Grants To Help Homeowners

Financial Relief

Governor Kathy Hochul has just announced that $25 million in grant funds have been approved to nonprofit organizations and municipalities in every region of New York State. These funds will help low and moderate-income homeowners make necessary repairs, as well as provide down payment assistance for first-time buyers.  

“Every New Yorker deserves the dignity and stability of a secure place to live, and this funding will provide much-needed support to affordable and supportive housing services,” Governor Kathy Hochul said. “These grants will go toward small communities all across the state, and they will fund critical programs that provide immediate assistance to New Yorkers in need. We can help build New York to be stronger than ever before by preserving housing, promoting homeownership, and supporting those who are vulnerable.”

Find out if you qualify for these programs here.

These funds will be administered by the New York State Homes and Community Renewal’s Office of Community Renewal, and they will be provided to nonprofit organizations and municipalities to be administered locally.

The complete list of statewide programs, awardees, project names, and the award amount is available here. These programs include Access to Home, Access to Home for Heroes, Access to Home for Medicaid Recipients, Community Development Block Grant, HOME, Mobile & Manufactured Home Replacement, and RESTORE.

Destribution of Funds

Low- and moderate-income persons with disabilities can receive help through the Access to Home program, veterans with disabilities can apply for the Access to Home for Heroes, Medicaid-eligible persons with disabilities can get financial assistance to make residential units accessible through the Access to Home for Medicaid. HCR also awarded two Mobile and Manufactured Home Replacement programs (MMHR) $800,000.00 to help low- and moderate-income homeowners to replace dilapidated mobile or manufactured homes. The RESTORE program provides resources to assist senior citizen homeowners to address life hazards and code violations at their homes. HCR awarded 10 RESTORE grants totaling $1.4 million that will benefit approximately 166 households. New York State Community Development Block Grant CDBG funds can be used for housing rehabilitation of owner-occupied or renter-occupied homes, down payment assistance for low- and moderate-income first-time homebuyers, and private water/wastewater system assistance for low- and moderate-income homeowners. The HOME programs can help households with an income at or below 80% of the Area Median Income to acquire and/or rehabilitate single-family housing, provide down payment assistance, and more.

For more information on how you can get a grant and learn about refinance programs, access our database & search engine here.

HCR Commissioner RuthAnne Visnauskas

“Our $25 million in awards will make a huge difference in the lives of homeowners across the state. By providing these grants directly to the municipalities and nonprofit service providers, we can expand our reach and efficiency, allowing people to make accessibility modifications, address emergency repairs and replace obsolete manufactured homes. This helps ensure that older New Yorkers, disabled adults, veterans, and people who are on fixed or limited incomes can remain living safely and securely in the place they call home,” HCR Commissioner RuthAnne Visnauskas explained.

Chris has been in the marketing industry for well over a decade. Chris loves writing about anything related to saving money. A passion for teaching people through writing has given him a unique opportunity to use his skills in the marketing industry. In his spare time he likes spending time with his family. training his new puppy, and taking long road trips to places like Banff & Lake Louise, Alberta.
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