Sunday, November 27, 2011

State funds 47 home improvement plans - Business First of Buffalo:

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The AHC, a branch under the state’se housing finance agency, aims to bolster home-ownership for low- and moderate-incomew households. The agency approved a $500,000 grant to Cheektowaga’a Community and Economic DevelopmentOffice (CEDO). The fundss will go toward renovations for14 single-- and two-family homes located throughout the The AHC also granted Lackawanna’s Housing Developmenty Corporation (LHDC) $200,000 to fund improvements to a total of 33 single and two-family homes throughoutg the city.
The planned improvements include fixingstructuralk problems, replacing roofs, doors, windows, replacing deficient water and septidc systems and upgrading electrical, heating and plumbinh systems. The renovations are aimed at bringing the homeds up to code under local and statwebuilding laws. Further fundinh for the Cheektowaga project’s $833,00 total will come from the town’s HOME fundzs ($130,000) and a Community Development BlockGrant ($200,000). The City of Lackawanna will fund what remains ofits project’sx $334,000 total with homeowner-equity funds. The CEDO and LHDC will allocate the fund ona first-come, first-served basids to qualified applicants.
“These grants will help improve the aginbg housing stock in western New said AHC President and CEOPricilla Almodovar.

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