‘Block-By-Block’ housing program expected to help construct new Binghamton homes

BINGHAMTON (WBNG) -- Governor Kathy Hochul announced “Block-By-Block” on Thursday.

It’s a new state affordable housing program. It will be accepting applications to support the new construction of affordable homes in Binghamton and four other cities in Upstate New York.

The program is making $40 million available to nonprofit organizations that will develop new homes on vacant or underutilized lots. It’s expected to create new single-family and two-family homes.

Binghamton Mayor Jared Kraham said building new homes is the best way the city can support families and improve neighborhoods.

“In Binghamton, like many upstate cities, there is huge potential for housing development but often funding gaps to get shovels in the ground and make projects a reality,” said Mayor Kraham. “I thank Governor Hochul for partnering to deliver these priority housing investments in the city.”

For more information about Block-By-Block, follow this link. The program is limited to nonprofits with experience in new construction of single or two-family homes.

Albany, Buffalo, Rochester and Syracuse will also be aided by the program.