Schumer, Gillibrand Announce Over $172 Million In Federal Funding To Aid NY State Economic Development & Affordable Housing
Press Release
The Community Development Block Grant Program (CDBG) And The HOME Investment Partnerships Program (HOME) Provide Essential Funds For Transformative Development Initiatives Across New York State; Senators Say These Programs Are A Huge Win For Communities Across Upstate New York; Senators Have Pushed To Ensure Programs Create Good-Paying Jobs By Supporting Local Housing And Development Projects, And By Investing In Neighborhood Revitalization Efforts; Senators: We Pledge To Protect This Funding Be
U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $172,063,152 in federal funding for communities across New York. The funding was provided by the Office of Community Planning and Development (CPD), which is part of the Department of Housing and Urban Development. Specifically, the funding comprises $127,839,843 in Community Development Block Grant (CDBG) funding and $44,223,309 in HOME Investment Partnership Program (HOME) funding. As the Senate Democratic Leader, Schumer led the effort in securing funds for the CDBG and HOME programs. Schumer said this new vital funding will be a shot in the arm for localities across Upstate New York.
"The Community Development Block Grant and HOME Investment Partnerships Programs are vital streams of investment that support local economic development, community revitalization and affordable housing. Without this non-replaceable funding, many local job-creating development projects that turned around Upstate communities and boosted jobs might not be here today," said Senator Schumer. "I am proud of the role I played in securing funding for these programs that deliver real results to Upstate New Yorkers. The more than $172 million in funding is a big victory for Upstate New York and will help cities, towns, villages, and hamlets throughout the state create good-paying jobs, deliver essential services to families and seniors and support affordable housing. I will continue to fight day in and day out to protect this critical investment for our communities and make sure Upstate New York continues to get the federal investment it needs and deserves."
"The CDBG Program and the HOME Investment Partnership Program both play a crucial role in promoting local economic development and expanding affordable housing, and I am very pleased to announce this federal funding to support these projects across Upstate New York," said Senator Gillibrand. "With this funding, Upstate New York communities will be able to build on their efforts to revitalize communities, create new jobs, and attract even more investment -- all while helping ensure that housing can be accessible for all New Yorkers. I will always fight to make sure that our communities can get the support and resources they need to thrive."
Communities in New York State will use the funding to address a wide range of needs and enable local governments to support affordable housing initiative, provide essential services, and expand economic development. The CDBG program provides municipalities in New York with critical funding for transformative and unique development projects and needed funding to leverage outside investment in job creation projects. The funds continue to play a critical role in facilitating local economic development in Upstate NY and helping local governments succeed.
HOME funding is the primary source of funding for state and local governments to buy and rehabilitate affordable housing. According to HUD, the HOME program provides grants to states and localities that communities use, often in partnership with local nonprofit groups or development companies. These communities and organizations then fund activities such as building, buying and rehabilitating affordable housing units for rent or homeownership. HOME is the largest federal block grant provided to state and local governments designed exclusively to create affordable housing.
A breakdown of the funding appears below:
CDBG 2019 Upstate Allocations
Upstate Recipient
CDBG Funding
Albany
$3,338,647
Amherst Town
$593,912
Auburn
$845,411
Binghamton
$1,906,443
Buffalo
$13,706,335
Cheektowaga Town
$1,001,596
Clay Town
$263,852
Colonie Town
$351,898
Dunkirk
$474,831
Elmira
$1,195,972
Glen Falls
$480,739
Greece
$388,811
Hamburg Town
$406,007
Irondequoit
$898,207
Ithaca
$688,397
Jamestown
$1,165,646
Kingston
$727,735
Middletown
$498,458
Mount Vernon
$1,661,732
Newburgh
$838,786
New Rochelle
$1,411,982
Niagara Falls
$2,309,381
Poughkeepsie
$827,288
Rochester
$8,068,554
Rome
$1,014,780
Saratoga Springs
$306,269
Schenectady
$2,217,193
Syracuse
$4,854,840
Tonawanda Town
$1,651,069
Troy
$1,781,861
Union Town
$1,232,339
Utica
$2,455,392
Watertown city
$913,077
West Seneca
$322,191
White Plains
$835,982
Yonkers
$3,429,842
Dutchess County
$1,396,966
Erie County
$2,725,126
Monroe County
$1,837,559
Onondaga County
$2,005,254
Orange County
$1,760,135
Rockland County
$1,611,125
Westchester County
$3,544,891
New York Nonentitlement
$47,893,332
Upstate NY Total
$127,839,843
HOME 2019 Upstate Allocations
Upstate Recipient
HOME Funding
Albany
$879,669
Amherst Town
$835,210
Binghamton
$486,312
Buffalo
$3,007,593
Elmira
$333,467
Ithaca
$305,972
Jamestown
$315,537
Mount Vernon
$440,662
New Rochelle
$380,087
Niagara Falls
$427,400
Rochester
$2,316,190
Schenectady
$1,015,556
Syracuse
$1,284,862
Utica
$614,774
Yonkers
$1,067,708
Dutchess County
$843,698
Erie County
$825,749
Monroe County
$1,058,488
Onondaga County
$607,259
Orange County
$1,106,051
Rockland County
$638,638
Westchester County
$880,565
New York Nonentitlement
$23,775,283
CNSRT-Jefferson County
$776,579
Upstate NY Total
$44,223,309
Source