HUD Archives: Cuomo Announces $71.8 Million in HUD Aid for New York

HUD Archives: News Releases

HUD No. 97-221
Further Information:	For Release
In the Washington, DC area: 202/708-1420	Monday
Or contact your local HUD office	October 20, 1997

CUOMO ANNOUNCES $71.8 MILLION IN HUD AID FOR HOUSING ELDERLY AND DISABLED IN NEW YORK AND $595.6 MILLION NATIONWIDE

WASHINGTON -- Housing and Urban Development Secretary Andrew Cuomo today announced $71.8 million in HUD assistance to non-profit groups in New York to create subsidized housing for senior citizens and people with disabilities with very low incomes.

In New York, the HUD assistance will create: 664 apartment units for the elderly and 69 rental units for people with disabilities. It will also provide rental subsidies to residents of the housing for five years.

Nationwide, Cuomo said HUD is awarding $595.6 million to non-profits in 45 states, the District of Columbia and Puerto Rico this week under the Section 202 Program for senior citizens and the Section 811 program for people with disabilities. The 202 program is awarding $501.3 million of the money and the 811 program is awarding $94.3 million.

On a national level, the HUD assistance will create: 6,006 apartment units for the elderly and 1,169 rental units for people with disabilities. It will provide rental subsidies for the units for five years.

"My Administration is committed to helping those who need it most," President Clinton said. "The men and women who spent decades working hard to build 20th Century America should not be left without a place to live in 21st Century America. By providing shelter to our most vulnerable citizens, we are improving the quality of life and building a better America for everyone."

"America will not turn its back on older Americans and people with disabilities struggling to get by on very low incomes," Cuomo said. "Without HUD assistance, many of these Americans simply could not make it. They would be forced to live in slums, or doubled and tripled up with relatives in overcrowded housing, or sent to nursing homes or other institutions at greater taxpayer expense, or even forced into homelessness in the most extreme cases."

The HUD aid is designed to provide housing for people 62 and older and adults with disabilities who have incomes below 50 percent of the area median. Nationally, 50 percent of median income amounts to less than $8,000 a year.

Residents pay 30 percent of their income in rent, and HUD subsidies pay the remaining funds needed to operate the housing.

HUD provides funds to the non-profits in two forms:

Capital advances. This is money that covers the cost of developing the housing. It does not need to repaid as long as the housing is available for occupancy by very low-income elderly or people with disabilities for at least 40 years.
Project rental assistance. This goes to each non-profit to cover the difference between the resident's contribution toward rent and the cost of operating the project.

Here is a breakdown of the HUD assistance in New York:

	SECTION 202 -- ELDERLY HOUSING
		
	Project location: New York, NY  
	Capital advance:  $7,240,600 
	Five-year rental subsidy:  $1,867,500 
	Non-profit sponsor:New York Foundation for Senior Citizens
                           New York, NY
	Number units and project description:  An 89 unit facility to 
        house the elderly will be built.	
	Project location: Bronx, NY  
	Capital advance:  $4,481,200 
	Five-year rental subsidy:  $1,146,000 
	Non-profit sponsor: Our Lady of Mercy Medical Center
                            Bronx, NY
	Number units and project description: A 55 unit facility
        to house the elderly will be built.
	
	Project location: Bronx, NY  
	Capital advance:  $6,964,300 
	Five-year rental subsidy:  $1,825,000 
	Non-profit sponsor: Belmont Arthur Avenue LDC 
                            Bronx, NY
	Number units and project description:  A 87 unit facility
        to house the elderly will be built.	
	Project location: Staten Island, NY  
	Capital advance:  $5,292,800 
	Five-year rental subsidy:  $1,358,000 
	Non-profit sponsor: St. Vincent's Med. Center of Richmond 
                            Bronx, NY
	Number units and project description: A 65 unit facility to
        house the elderly will be built.	
	Project location: Flushing, NY  
	Capital advance:  $5,698,600 
	Five-year rental subsidy:  $1,464,500 
	Non-profit sponsor: Selfhelp Community Service & 
	                    United Help, Inc. of New York, NY
	Number units and project description:  A 70 unit facility
        to house the elderly will be built.
	Project location: Medford, NY  
	Capital advance:  $3,335,500 
	Five-year rental subsidy:  $912,500 
	Non-profit sponsor: Roman Catholic Diocese of Rockville
    			    Hicksville, NY
	Number units and project description:  A 43 unit development
        will offer support services, including transportation, outreach, 
        recreation and nutrition to the elderly.  
	Project location: New York, NY  
	Capital advance:  $4,553,500 
	Five-year rental subsidy:  $1,188,500 
	Non-profit sponsor: Bethany Baptist Church and Development
                            Outreach of New York, NY 
	Number units and project description: A 57 unit facility
        will be built in Central Harlem to house the elderly.
						
	Project location: Olivebridge, NY  
	Capital advance:  $698,100 
	Five-year rental subsidy:  $191,000 
	Non-profit sponsor: SHARP Committee, Inc. of
                            Phoenicia, NY
	Number units and project description:  This 9 unit facility
        will be the second phase of Olive Housing I to house the elderly.	
	Project location: Mattydale, NY  
	Capital advance:  $1,768,800 
	Five-year rental subsidy:  $385,500 
	Non-profit sponsor: Catholic Charities of Syracuse
	Number units and project description: A former elementary
        school will be redesigned into a 24 unit building to house
        the elderly.	
	
	Project location: DeWitt, NY  
	Capital advance:  $2,937,400 
	Five-year rental subsidy:  $653,000 
	Non-profit sponsor: Catholic Charities of Syracuse
	Number units and project description:  A 40 unit facility
        will be built for persons with disabilities.
	Project location: Delhi, NY  
	Capital advance:  $1,775,300 
	Five-year rental subsidy:  $418,500 
	Non-profit sponsor: Catholic Charities of Delaware
	Number units and project description:  A building currently used
        for off-campus student housing will be redesigned into a 25 unit 
        complex for the elderly.	 
	Project location: Buffalo, NY  
	Capital advance:  $2,655,600 
	Five-year rental subsidy:  $556,000 
	Non-profit sponsor: People, Inc. of
                            Williamsville, NY
	Number units and project description:  A 35 unit facility 
        to house the elderly will be built. 
	Project location: Buffalo, NY  
	Capital advance:  $1,131,100 
	Five-year rental subsidy:  $229,000 
	Non-profit sponsor: The Diocese of Buffalo
		            Buffalo, NY
	Number units and project description:  A 15 unit facility to
        house the elderly will be built. 
	Project location: Rochester, NY  
	Capital advance:  $3,650,900 
	Five-year rental subsidy:  $801,000 
	Non-profit sponsor: Frederick Douglas Community 
			    Development Corporation
		            Rochester, NY
	Number units and project description:  A 50 unit facility to
        house the elderly will be built in the revitalized Cornhill
        Neighborhood.
SECTION 811 -- HOUSING FOR PEOPLE WITH DISABILITIES
	Project location: Suffolk County, NY 
	Capital advance:  $1,192,400 
	Five-year rental subsidy:  $255,000 
	Non-profit sponsor: Concern for Independent Living
			    Medford, NY 
	Number units and project description:  The project consists of 
        four group homes for persons with chronic mental illness.  
        Each residence serves three individuals who are capable
        of independent living. 	
	Project location: Suffolk County, NY 
	Capital advance:  $894,300 
	Five-year rental subsidy:  $191,000 
	Non-profit sponsor: Options for Community Living
			    Smithtown, NY 
	Number units and project description:  This project consists
        of three group homes for independent living, each serving 
        three persons.  
	Project location: Central Islip, NY
	Capital advance:  $1,104,200 
	Five-year rental subsidy:  $255,000 
	Non-profit sponsor: UCP Association of Greater Suffolk
			    Hauppauge, NY 
	Number units and project description:  A 13 unit facility
        will be redesigned for independent living for persons with
        developmental disabilities.
	Project location: Forestburgh, NY
	Capital advance:  $373,800 
   	Five-year rental subsidy:  $127,500 
	Non-profit sponsor: Crystal Run Village
			    Middletown, NY 
	Number units and project description:  A group home will 
        be redesigned for six persons with developmental disabilities.
	Project location: Elmira, NY
	Capital advance:  $767,900
	Five-year rental subsidy:  $196,500 
	Non-profit sponsor: Catholic Charities of the Southern Tier
			    Elmira, NY 
	Number units and project description:  This is a 12 unit project 
        for persons with chronic mental illness.
	Project location: Olean, NY
	Capital advance:  $314,600 
	Five-year rental subsidy:  $98,500 
	Non-profit sponsor: Cattauraugus Rehabilitation Center 
			    Olean, NY 
	Number units and project description:  A group home will be 
        redesigned for six persons with developmental disabilities.
	Project location: Buffalo, NY
	Capital advance:  $347,300 
	Five-year rental subsidy:  $98,500 
	Non-profit sponsor: The Cantalician Center for Learning 
			    Buffalo, NY 
	Number units and project description:  A group home will 
        be redesigned for six persons with developmental disabilities.
	Project location: Buffalo, NY
	Capital advance:  $360,300 
	Five-year rental subsidy:  $82,000 
	Non-profit sponsor: The Diocese of Buffalo 
			    Buffalo, NY 
	Number units and project description:  Five apartments will be
        redesigned for tenants with chronic mental illness.

Content Archived: April 9, 2010