On
Sept. 14, Gov. Andrew Cuomo announced that he directed Robert Mujica, director
of the New York State Division of the Budget, to execute a memorandum of
understanding to release $2 billion in funding to advance the creation of more
than 100,000 units of affordable and supportive housing over the next five
years. The $2 billion was set aside in the 2016-17 Enacted Budget. The
memorandum now heads to the Senate and Assembly for approval. The
press release can be found
here.