Wednesday, February 8, 2012

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

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The AHC, a brancyh under the state’s housing finance agency, aims to bolster home-ownershipp for low- and moderate-income households. The agencgy approved a $500,000 grant to Cheektowaga’s Community and Economic DevelopmengtOffice (CEDO). The funds will go toward renovations for14 single-- and two-family homes located throughout the The AHC also granted Lackawanna’s Housinf Development Corporation (LHDC) $200,000 to fund improvements to a totalk of 33 single- and two-family homes throughourt the city.
The planned improvements includer fixingstructural problems, replacing doors, windows, siding, replacing deficient water and septic systems and upgrading electrical, heating and plumbinhg systems. The renovations are aimex at bringing the homes up to code undert local and statebuildingb laws. Further funding for the Cheektowaga project’s $833,00 total will come from the town’ s HOME funds ($130,000) and a Communit Development BlockGrant ($200,000). The City of Lackawannwa will fund what remains ofits project’ws $334,000 total with homeowner-equity funds.
The CEDO and LHDC will allocate the funds ona first-come, first-served basis to qualified “These grants will help improve the agingb housing stock in westermn New York,” said AHC President and CEO Pricilla Almodovar.

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