Wednesday, October 1, 2025

$100M to Support Pro-Housing Community Program

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Proposed $100M to Support Pro-Housing Community Program

New Funding for Community-Centered Projects in the Capital Region

Gov. Kathy Hochul has proposed a significant investment in the Capital Region, with a $100 million allocation for certified pro-housing communities. This funding aims to build and revitalize community-centered spaces, promoting stability, dignity, and positive change in the lives of local residents.

Specific Projects and Funding Breakdown

In Troy, $1 million has been allocated for the expansion of access to the riverwalk, a popular recreational destination. Schenectady, on the other hand, will receive nearly $5 million to build affordable housing that includes childcare and family support services on a vacant lot on State Street. These projects have the potential to make a transformative impact on families and communities.

Impact on the Community

According to Schenectady Mayor Gary McCarthy, “These are transformational projects. We talk about the money involved, but the real significance they make in families’ lives and the dignity they allow them to have and the stability that transcends other problems in the community.”

Funding Proposal Still Pending

The funding proposal has yet to be approved by the state legislature, but if approved, it could have a significant impact on the region. NEWS10 will continue to monitor the situation and provide updates as more information becomes available.

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Conclusion

The proposed $100 million allocation for pro-housing community programs has the potential to bring about significant positive change in the Capital Region. If approved, these projects will not only provide much-needed housing and community services but also promote stability and dignity for local residents.

FAQs

* What is the purpose of the proposed $100 million allocation?
The funding aims to build and revitalize community-centered spaces, promoting stability, dignity, and positive change in the lives of local residents.
* Which projects have been allocated funding?
Specifically, Troy will receive $1 million for riverwalk expansion, and Schenectady will receive nearly $5 million for affordable housing with childcare and family support services.
* Has the funding proposal been approved?
No, the funding proposal has yet to be approved by the state legislature.

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