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Legislature Approves Additional Funding for Homeownership Program

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> Legislature Approves Additional Funding for Homeownership Program


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Legislature Approves Additional Funding for Homeownership Program

Tuesday, September 20, 2016

The Legislature authorized the granting of an additional $500,000 in Small Cities and New York State Community Development Block Grant (CDBG) Program Income funds Ithaca Neighborhood Housing Services, which administers the county Homeownership Program on behalf of the County, and extended its contract with INHS for another year, through April 2018. The vote was 12-0, with Legislator Carol Chock abstaining due to her family connection with INHS. (Legislators Martha Robertson and Peter Stein were excused.)

The amount supplements a $200,000 award approved by the Legislature in January. The current CDBG grant award funding the program does not expire until the end of next year, but it is expected that existing funds will be exhausted by early 2017 due to increased interest in and applications to the program.