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Its mission is to expand affordable housing opportunities for low- and moderate-income New Yorkers. HCR consists of several state agencies and corporations: the New York State Division of Housing and Community Renewal (DHCR), the New York State Housing Finance Agency (HFA), the State of New York Mortgage Agency (SONYMA).
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[7] [8] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
You can also ask your lender about senior citizen mortgage assistance programs that are available in your state. Be sure to consider your spouse or partner when deciding to get a mortgage.
Oct. 9—The walls of a former school are tumbling down to make way for new, affordable senior citizen housing in East Vandergrift. The Morning Sun Senior Lofts project is a $16 million ...
The New York (state) Welfare Management System receives, maintains and processes information relating to persons who apply for benefits, or who are determined to be eligible for benefits under any program administered by the department.