Additional Empire State money for 1,200 supportive housing units
This is part of the Supportive Housing Opportunity Plan (SHOP). The new state financing, in addition to previously allocated funding from the budget, will ensure timely completion of the first 1,200 units of the state’s plan to combat homelessness by providing 6,000 new supportive housing units with services over the next five years.
The FY 2017 Budget invests nearly $2 billion for comprehensive statewide housing and homelessness action plans.
The capital funding complements the recently released Request for Proposals to finance the operation of and services provided by the 1,200 new supportive housing units.
Together, the capital, services and operating funds put the state on track to complete the construction of 6,000 units of supportive housing over the next five years, 20,000 units of supportive housing over the next fifteen years, and the creation or preservation of 100,000 units of affordable housing over the next five years as part of an unprecedented $20 billion housing and homeless initiative. ■