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Homes and Community Renewal

New York State Homes and Community Renewal Announces $400,000 Award for Improvements To Owner-Occupied Homes in the City of Oneonta

Up to $40,000 Available for 10 Homeowners to Make Repairs and Upgrades

Award Complements $10 Million Downtown Revitalization Initiative
 Investment in Oneonta

New York State Homes and Community Renewal (HCR) today announced a $400,000 award to the City of Oneonta for the home improvement of approximately 10 units on scattered sites in the City of Oneonta.

HCR Commissioner RuthAnne Visnauskas said, “With today’s announcement,  10 hard-working Oneonta homeowners will have the resources to make critical repairs and improvements that will keep their homes safe and livable for many years to come. These funds make a real difference in people’s lives. We thank Governor Cuomo for his historic commitment to preserving affordable homeownership across New York State.”

The funds are awarded through New York State Homes and Community Renewal's Affordable Home Ownership Development Program (AHODP). Since 2011, more than 10,500 homes  have been built or preserved  and made more affordable with approximately $203 million in AHODP awards.

The City of Oneonta will provide income-eligible homeowners with up to $40,000 in AHODP funds per home. Rehab work will address basic deficiencies such as roofing, heating, windows, electrical system replacement, plumbing upgrades, septic systems, minor foundation repairs and insulation. Homeowners who are at or below 112% of HUD’s Low Income Limits, adjusted for family size, for Otsego County will be eligible to apply for assistance along with an existing wait list of pre-qualified homeowners.

The awards announced today are part of the Governor’s unprecedented $20 billion, five-year Housing Plan, which is on its way to building and preserving 112,000 affordable homes across the state. The comprehensive approach to the state’s housing issues includes multifamily and single-family housing, as well as community development.

As a recipient of Governor Cuomo’s Downtown Revitalization Initiative (DRI), the City of Oneonta will receive $10 million to transform the city’s downtown into a vibrant community where the next generation of New Yorkers will want to live, work and raise families. Assisted projects will include activating upper stories for housing opportunities, improving downtown business and wayfinding signage, and adding new public amenities and streetscape improvements to increase pedestrian activity.

The City of Oneonta has received and administered millions of dollars in State and Federal funds for community development projects including home improvement and acquisition and rehabilitation programs. Since the inception of the City’s homeownership program in 1996, over 70 homes have been acquired and rehabilitated through various funding programs. Additionally, HCR has awarded the City of Oneonta over $5.2 million in Community Development Block Grant awards since 2011 to support the opening and expansion of businesses, improve public infrastructure and rehabilitate housing.

Opportunities for Otsego will assist the City in administering the AHODP awards. Opportunities for Otsego was established in 1966 to focuson specific problems in the community and creates solutions to unlock opportunities for low-income individuals and families.

AHDOP provides up to $40,000 per home to eligible municipalities, municipal housing authorities, and other not-for-profit and charitable organizations that develop affordable housing or assist homeowners in funding necessary repairs. Awards can be used to make improvements to existing owner-occupied single or multi-family homes, condominiums, or cooperatives; acquire and rehabilitate owner-occupied homes for sale, including single and multi-family homes, condominiums, or cooperatives; and construct new owner-occupied homes for sale, including single and multi-family homes, condominiums, or cooperatives including dilapidated and manufactured homes.

Oneonta Mayor Gary Herzig said, “I thank Governor Cuomo and New York State Homes and Community Renewal for their continuing support for the people of the City of Oneonta.  Like many upstate cities, Oneonta's aging housing stock makes it difficult for many families and senior citizens to afford the repairs necessary to keep their homes safe and up to code.  Consistent with our Comprehensive Housing Plan, this assistance will help Oneonta to strengthen neighborhoods, promote homeownership, and update our housing stock.”

Senator James L. Seward said, “I have partnered with the City of Oneonta on various initiatives to improve the housing stock and this grant will build on those efforts.  Upgrading individual properties enhances entire neighborhoods and increases overall safety, key factors that will help Oneonta attract more families and young professionals, and allow seniors to stay in their homes.”

Assemblyman Bill Magee said, “These funds will help hardworking families to afford needed costly home repairs and upgrades, keeping folks in their homes and improving the community. I am pleased that this help will be available to assist qualifying City of Oneonta homeowners."