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New York slow to use federal funds for affordable housing

Sep 19, 2022 1:33 pm

While a major affordable housing crisis in the Hudson Valley now is common knowledge, there has been no affordable housing built in the WGXC listening area in recent memory. Only Hudson officials are even talking about building anything, though no shovels are in the ground there, nor anywhere else. Now Nick Reisman reports at New York State of Politics that federal housing funding in some cases has been too slowly distributed and could put future funding at risk, according to an audit released by Comptroller Tom DiNapoli's office. “We need every dollar available for housing needs in our state, particularly those that can help bolster affordable housing. HCR must work more efficiently to ensure the unprecedented federal relief funds help New Yorkers in need and are not lost because of unnecessary delays and miscommunications,” DiNapoli said. New York has received $244 million in community development block grants for affordable housing. The money must be spent in a certain time frame. DiNapoli's audit recommended improving internal controls over the administration of community development block grants and better monitoring of contractors. Read more about this story at New York State of Politics.