Federal Homes Affordable Programs in NY Gets Funding

by cassy82 | October 19, 2009 at 07:50 am

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Congresswoman Nita Lowey has announced funding to support federal homes affordable programs in several counties in New York. A government agency will also provide grants for housing counseling services.

Several organizations in the New York counties of Westchester and Rockland will receive funds to support the federal homes affordable programs. Tens of thousands worth of funds will be distributed to several organizations for their various homeownership and housing services to help alleviate the foreclosure crisis.

Similarly, White Plains city is set to receive over $900,000 as part of the U.S. Housing and Urban Development’s (HUD) Community Development Block Grants (CDBG). The funding for federal homes affordable programs was announced by Congresswoman Nita Lowey who said that the housing crisis is getting worst in the metropolitan area of New York.

She said that the cost of living in New York is so steep and affordable housing is difficult to find. She added that she hopes that the federal funding will give a boost on efforts of community organizations to help people who are in dire need of housing assistance.

By Cassiano Travareli