Washington, D.C. — U.S. Senators Charles E. Schumer and Kirsten Gillibrand today (July 13) announced $936,606 in federal funds to regional housing organizations stationed in the Capital Region, Rochester, Western New York, Central New York and the Southern Tier.
The funding was allocated through the U.S. Department of Housing and Urban Development’s Housing Counseling Program and will be used to advance local programs designed to improve financial literacy, expand homeownership opportunities, and improve access to affordable housing and homeownership.
“This federal funding will help housing organizations across Upstate New York provide residents with the resources they need to find affordable housing as well as enhance counseling services for new homeowners or renters,” said Senator Schumer. “Counseling programs have been proven to stem the tide of foreclosures, and this will be a sound investment in providing our community members with the tools and skills necessary to find safe places to live and do so with confidence in their financial literacy.”
“Access to stable housing is essential for the health of our families and the economic strength of our communities,” said Senator Gillibrand. “This funding is a major investment for Upstate New York and will help bridge the gap in quality housing for residents in need. I will continue to push for investments that help ensure families in New York have access to a safe, affordable place to live.”
In Central New York, the city of Fulton Community Development Agency will receive $17,494.
“We’re currently the only housing agency in Oswego County that deals with foreclosure prevention. This grant will help us continue our efforts in foreclosure prevention as well as increase pre-purchasing counseling,” said Joseph Fiumara, executive director of Fulton Community Development Agency.