Article: United states : NYS HFA and NYS AHC Approve $18.8 million in Financing to Create and Preserve 432 Housing Units.

Byline: babalu03

- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved more than $18.8 million in financing to create and preserve 432 affordable housing units throughout New York State.

"These projects will improve the quality of life for hundreds of New Yorkers and help stabilize neighborhoods across New York State," said Governor David A. Paterson. "They demonstrate that my administration remains committed to affordable housing despite our economic difficulties."

Assembly Speaker Sheldon Silver said, "In recent years the dream of homeownership has become ...

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