Gov. Hochul announces new funding for affordable housing

Governor Hochul says tonight funding will create 1,600 sustainable affordable homes across the state.

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21 million dollars will go to Yates Village in Schenectady’s Goose Hill neighborhood.

The project will demolish and replace six public housing and rental buildings along Van Vranken Avenue.

The new buildings will offer 211 affordable homes including 43 apartments reserved for people with physical disabilities.

50 million dollars will go to The Lion Factory in Troy to create 151 affordable apartments.