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White Plains, NY – Congresswoman Nita M. Lowey (D-Westchester/Rockland) announced that Westchester County will receive more than $7.6 million in federal funds from the Department of Housing and Urban Development (HUD) to increase access to low- and moderate-income housing in the region.
“Skyrocketing housing costs are affecting families of every income level,” said Lowey. “We cannot allow the poorest among us to lose the roofs over their heads. Hard-working families who can’t make ends meet shouldn’t pay the price for our struggling economy.”
“I’d like to thank Congresswoman Nita Lowey,’’ said Westchester County Executive Andy Spano. “This funding will help families from becoming homeless, provide money for down payments to help low-to-moderate income families buy their own homes, will make improvements to neighborhoods, and will help to create more affordable housing. As always, Nita has come through for her community and her constituents.”
The funding will be provided from four HUD grant programs:
· $11,024 from the American Dream Downpayment Initiative (ADDI), which provides downpayment and closing cost assistance to low-income and minority households;
· $252,466 from the Emergency Shelter Grants program, which will improve the quality of emergency homeless shelters;
· $1,687,878 from the HOME Program, to expand the supply of affordable housing to low- and very low-income families; and
· $5,715,632 from the Community Development Block Grant (CDBG) program, which aids communities by expanding housing and economic opportunities for low- and moderate-income individuals.
“Our communities depend on HUD grants to provide stability to low-income and disabled families, especially during times of economic uncertainty. I will continue fighting with my colleagues in Congress to ensure that the federal government provides our communities with the resources they need to spur economic growth,” said Lowey.
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