# New York State Awards $872M for Affordable Housing

On October 30, 2026, New York State announced $872 million in bonds and grants for 12 housing developments expected to create or preserve 2,233 affordable homes. The projects’ combined investment is projected to exceed $1.5 billion and includes new construction, rehabilitation, preservation, and supportive housing. These are announced financing awards, not open solicitations; contractors may find downstream work through the project developers and public housing authorities as developments move forward.

- The statewide funding includes projects such as Parkside Commons Phase I in Syracuse, Brookfield Commons Phase III in White Plains, and ICL-Variety Residences at Astoria.
- **Why this matters:** The awards create potential follow-on demand for construction, rehabilitation, energy-efficiency work, and supportive-housing services, but do not constitute active bids.
- Contractors can use the named developers and housing authorities as starting points for identifying project-specific subcontracting or service opportunities.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Physical Infrastructure, Grants & Funding
**Published:** October 31, 2026

### Government Entities
- New York State Homes and Community Renewal (HCR)
- State of New York
- White Plains Housing Authority
- Tarrytown Municipal Housing Authority
- New York State Office for People With Developmental Disabilities (OPWDD)

### Vendors
- BFC Partners (project developer)
- SAA|EVI (project developer)
- Trinity Financial (project developer)
- ICL (project developer)
- BRP Companies (developer of North White Plains Workforce Transit Hub)

### Key Quotes
> Making New York more affordable means building more homes and preserving the housing our communities already depend on.
> — Kathy Hochul, Governor

### Sources
- [La Gobernadora Hochul Anuncia Inversiones para Crear o Preservar más de 2,200 Viviendas Asequibles en Todo el Estado | Governor Kathy Hochul | New York State](https://www.governor.ny.gov/news/la-gobernadora-hochul-anuncia-inversiones-para-crear-o-preservar-mas-de-2200-viviendas) - NY
- [Governor Hochul Announces Investments to Create or Preserve More Than 2,200 Affordable Homes Statewide | Governor Kathy Hochul | New York State](https://www.governor.ny.gov/news/governor-hochul-announces-investments-create-or-preserve-more-2200-affordable-homes-statewide) - NY