NEWS HEADLINES:

State Budget Alert #9
posted: April 02, 2009

Members & Friends,

 

The budget process is drawing to a close today.  And, as suspected, the information I passed on to you yesterday has changed….but don’t despair!!  The news today is actually better than originally thought.

 

I won’t get into the complicated process used to arrive at these figures.  Suffice to say that my sources in the Assembly assure me the figures given to me today are accurate and are part of the total budget package to be voted on today.   The Neighborhood Preservation Program is funded at $13.789 million, which will translate into a DHCR contract for all eligible NPCs at $89,145.00!!  The Rural Preservation Program is funded at $5.77 million, which will translate into a DHCR contract for all eligible RPCs at $86,474.00.  Each Coalition  is expected to receive a contract worth, at least, $150K for the provision of training and technical assistance services.

 

I am very pleased that our friends in the Assembly and Senate, most especially Assemblyman Vito Lopez and Senator Pedro Espada, continued their unending support for the NPP/RPP to reach these budget funding levels.  Please take a moment to send each of them a note of thanks for their efforts.  Also, don’t forget to thank your local representatives for their support.

 

I will be reporting more detail about budget figures for the rest of the housing programs in the next issues of Neighborhood News.

 

Joe

 

Joseph A Agostine Jr., Executive Director

Neighborhood Preservation Coalition of NYS, Inc.

40 Colvin Avenue

Albany, NY  12206

(518) 432-6757

(518) 432-6758

agostine@npcnys.org

www.npcnys.org

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40 Colvin Ave. Albany, NY 12206   518.432.6757   FAX 518.432.6758