WATERTOWN — Sens. Charles E. Schumer and Kirsten E. Gillibrand, both D-NY, announced today $172 million in federal funding for New York state, including the Community Development Block Grant Program and the HOME Investment Partnerships Program for economic development and affordable housing.
The announcement includes $913,077 in CDBG funding for Watertown and $776,579 to Jefferson County for the HOME upstate allocations, which will be distributed throughout Lewis and St. Lawrence Counties as well.
“The agencies work through DANC for individual home rehab projects throughout the three-county area,” said Jefferson County Planning Director Michael J. Bourcy.
Mr. Bourcy said the HOME funding was in line with recent years and could be used for home and rental rehabs and sometimes homeowner projects, depending on the needs of local housing agencies.
The senators released a joint announcement of the $172,063,152 for the state — $127,839,843 for the Community Development Block Grant and $44,223,309 for HOME Investment Partnership Program across upstate.
“The Community Development Block Grant and HOME Investment Partnerships Programs are vital streams of investment that support local economic development, community revitalization and affordable housing,” Sen. Schumer was quoted as saying in the press release. “Without this non-replaceable funding, many local job-creating development projects that turned around upstate communities and boosted jobs might not be here today.”
Sen. Gillibrand echoed Sen. Schumer’s comments.
“The CDBG Program and the HOME Investment Partnership Program both play a crucial role in promoting local economic development and expanding affordable housing, and I am very pleased to announce this federal funding to support these projects across Upstate New York,” she was quoted as saying.