The budget also includes $50 million for land banks and $41 million in federal funding for flooding victims of Hurricane Ida. If you are facing a housing emergency due to fire, Mitchell-Lama. $2 million in additional funding for the HOPE/RESTORE program for a total of $3.4 million to help keep seniors in their homes.$7 million for the construction of rental housing with under 20 units and.$100 million in funding for the Housing Our Neighbors with Dignity (HONDA) Program.$100 million for additional Mitchell-Lama repairs and homeownership programs.$50 million for public housing outside of New York City.$350 million for the New York City Housing Authority (NYCHA).The enacted budget also funds critical affordable housing programs, including: In addition to the construction and rehabilitation of units, the plan would create programs to encourage homeownership among moderate and low income families, and support affordable housing for seniors. The Enacted SFY22-23 Budget includes a five year housing plan with $4.5 billion in capital funding to support the construction or rehabilitation of 100,000 units of affordable housing. An additional $15 million for the Homeowner Protection Program (HOPP) for a total of $35 million.$250 million for a utility arrears program, to be administered by the Department of Public Service and.$1.1 billion in funding for the Emergency Rental Assistance Program (ERAP) and the Landlord Rental Assistance Program (LRAP), including $150 million in federal funding.This budget makes critical investments in rent and homeownership relief to help New Yorkers stay in their homes, including:

New Yorkers are still feeling the financial strain of the COVID-19 pandemic, and many were unable to pay their rent or their mortgage as a result. We will continue to work to give every New Yorker a path to safe, affordable housing.” “We’re pleased that the spending plan includes much-needed funding for tenant and landlord rental assistance, a five year affordable housing capital plan, and for capital repairs at NYCHA.

“This year’s budget will make necessary investments in affordable housing across the state and continue to help families that were financially impacted by the pandemic,” Assemblymember Cymbrowitz said. “This budget makes critical investments in programs to provide rental and landlord relief, and give more families a path to homeownership.” “Every New Yorker deserves a safe, affordable place to call home, and the Assembly Majority is committed to making that a reality,” Speaker Heastie said. Speaker Carl Heastie and Housing Committee Chair Steven Cymbrowitz today announced that the Enacted State Fiscal Year (SFY) 2022-23 Budget invests in affordable housing programs and keeps New Yorkers that struggled financially during the pandemic in their homes. ApAssembly Announces Enacted Budget Makes Critical Investments in Quality, Affordable Housing Across New York State Spending Plan Includes $1.1 billion in Rental Relief for those Financially Impacted by Pandemic Through ERAP and LRAP

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