Governor Kathy Hochul announced that nearly 3,000 affordable, modern, energy-efficient homes will be created or preserved in communities throughout New York State as a result of $1 billion in housing bonds and subsidies. The latest funding awards help advance the Governor’s commitment to increasing the housing supply and making the State more affordable. The 15 projects receiving funding are part of the Governor’s five-year, $25 billion comprehensive Housing Plan that will create or preserve 100,000 affordable homes across New York State.
In The Media
Gilbane, Institute for Community Living, Tredway, HPD, and HDC Announce Financing of 266 New Affordable Apartments at 860 Concourse Village East
100 percent affordable Bronx development project to transform parking lot into affordable and supportive apartments and a new community-based Health Hub Gilbane Development, the Institute for Community
December 22, 2025
