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Grants & Loans
Genesee Valley Rural Preservation Council, Inc. Receives 1 Million in New Funding Awards For “Genesee & Livingston HOME Rehab V”
Genesee Valley Rural Preservation Council, Inc., and Letchworth Development Corp. Headquarters
Mt. Morris, NY August 5, 2009 – Genesee Valley Rural Preservation Council, Inc. has received a total of $1,000,000 million dollars in recent funding awards from New York State Housing Trust Fund Corporation for the Genesee HOME Rehab V and Livingston HOME Rehab V Programs which provides assistance to low income homeowners who need rehabilitation to their homes.
Grant funds will soon be available to low income homeowners who own a house in Livingston or Genesee Counties. Moderate rehab of owner-occupied, single family homes include such things as lead-based paint hazards, energy related repairs or improvements, adaptations to permit use by persons with disabilities or other special needs and repairs or replacement of major housing systems in danger of failing. GVRPC’s President & CEO Jill Alcorn stated, “The need for rehabilitation to older homes in this rural area has never been greater, these funds will allow us to rehab several more homes this year as in previous years.”
These latest awards increase GVRPC’s total of housing investment and services in a four-county area to over $71 million dollars. Those resources have benefited over 900 families with owner-occupied housing programs and over 600 families with quality, affordable rental apartments.
Genesee Valley Rural Preservation Council’s housing programs and rental units serve very low, low- and moderate- income households in Livingston, Wyoming, Genesee and Chemung Counties. For more information on GVRPC’s housing rehab or repair programs, please call GVRPC’s Housing Specialist, Carol Taylor at 585-658-4860 or visit our website at www.gvrpc.com.
NYS Housing Finance Agency and NYS Affordable Housing Corporation Approves $25.4 Million in Financing to Build and Preserve 380 Housing Units in Western New York
NEW YORK--Thursday, September 10, 2009--The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $25.4 million in financing to build and preserve 380 units of affordable housing in Western New York.
"These projects will preserve existing low-income housing and create new senior housing for Western New York," said Priscilla Almodovar, HFA and AHC President and Chief Executive Officer. "They reinforce the Paterson administration's mission to create and improve affordable housing even in these difficult economic times."
Genesee Valley Preservation Corporation
Livingston Rehab Program
AHC approved a $250,000 grant to the Genesee Valley Preservation Corporation to renovate 23 single-family homes located in Livingston County.
include lead removal, structural repairs, roof replacements, electrical
repairs, smoke detectors and plumbing. Homeowners will be selected on a
first-come, first-served basis. The targeted population for these grants
will be families of four earning $39,900.
Genesee Rehab Program
AHC approved a $250,000 grant to Genesee Valley Rural Preservation Corporation to finance repairs on 23 single-family homes in Genesee County.
Improvements include remediation of health and safety issues, structural repairs, improvements for more efficient use of energy, heat, electrical/water system repairs/replacement, and lead hazard reduction. Grants will be targeted to households not earning more than $35,520 for a family of four.
The total cost of the project is $750,000. In addition to the AHC grant, the program will be funded by $500,000 in HOME funds provided by the NYS Housing Trust Fund (HTFC).
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