Article: United States : NYS HFA and AHC Approve $25.5M in Financing to Build and Renovate 276 Affordable Housing Units on Long Island.

Byline: Mamta03

The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved nearly $25.5 million in financing to build and renovate 276 units of affordable housing on Long Island.

"These projects will create new affordable housing and renovate existing housing throughout Long Island and ensure that these homes remain affordable for the foreseeable future," said Priscilla Almodovar, HFA and AHC President and Chief Executive Officer. "Our financing reinforces the Paterson administration's mission to protect affordable housing even in these difficult economic times."

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