Monday, May 23, 2011

State funds 47 home improvement plans - South Florida Business Journal:

cement board siding
The AHC, a branch under the state’s housing financed agency, aims to bolster home-ownership for low- and moderate-incomr households. The agency approved a $500,000 grantf to Cheektowaga’s Community and Economic DevelopmentOffic (CEDO). The funds will go toward renovationse for14 single- and two-family homes locatec throughout the town. The AHC also granteds Lackawanna’s Housing Development Corporation $200,000 to fund improvements to a total of 33single - and two-family homes throughout the The planned improvements include fixing structuralo problems, replacing roofs, doors, windows, replacing deficient water and septic systems and upgradingf electrical, heating and plumbing systems.
The renovation are aimed at bringing the homes up to code undedr local and statebuilding laws. Further funding for the Cheektowaga project’ s $833,00 total will come from the town’s HOME fundsx ($130,000) and a Community Development BlockGrang ($200,000). The City of Lackawanna will fund what remainas ofits project’s $334,000 total with homeowner-equity funds. The CEDO and LHDC will allocat e the funds ona first-served basis to qualified applicants. “These grants will help improve the aginh housing stock in westernNew York,” said AHC Presidentg and CEO Pricilla Almodovar.

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