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CUOMO ANNOUNCES $453,000 IN HUD HOUSING AND COMMUNITY DEVELOPMENT FUNDS FOR THE TOWN OF COLONIE, NEW YORK
WASHINGTON - Housing and Urban Development Secretary Andrew Cuomo today announced $453,000 in HUD grants for housing and community development programs for the Town of Colonie, New York.
"These funds will go toward community-based solutions to the housing and economic development challenges Colonie faces," Cuomo said. "We are funding a comprehensive strategy to create jobs and affordable housing, help homeless individuals become and remain self-sufficient, and increase homeownership."
Under the Town of Colonie's 1998 Consolidated Plan for funding, which was approved by HUD, the Town of Colonie will receive $453,000 in Community Development Block Grant funds.
Among the housing and community development efforts to be funded by the town this year are: housing rehabilitation, affordable housing programs and youth public services. Colonie will also work in targeted areas to provide other needed services.
The Consolidated Planning process, developed by Secretary Cuomo when he served as HUD Assistant Secretary for Community Planning and Development, ensures that local residents have strong input into the creation of comprehensive, community-based housing and economic development plans. The streamlined funding process gives communities maximum local flexibility, while reducing burdensome regulatory requirements. Local HUD staff are empowered to work closely with communities to customize Consolidated Plans and help them realize their housing and economic development goals.
Content Archived: January 20, 2009