HUD

Governor Andrew Cuomo spoke at the Capital Region Sustainable Development Conference in Schenectady.
WAMC photo by Dave Lucas

This morning, Governor Andrew Cuomo and the HUD secretary spoke at the Capital Region Sustainable Development Conference in Schenectady.

Federal authorities say M&T Bank has agreed to pay $64 million to resolve allegations that it knowingly produced mortgage loans that were federally insured but didn't meet the applicable requirements.

The non-profit Adirondack Gateway Council held a series of meetings this week in its efforts to put together a region-wide economic development plan focusing on infrastructure, housing, and healthy communities.

The AGC, made of more than 20 municipalities and organizations, is being supported by the U.S. Department of Housing and Urban Development to produce a regionally based economic development strategy for Northern Saratoga, Warren, and Washington counties.

Courtesy of the Westchester Board of Legislators

Westchester County stands to lose more than $5 million dollars in grants if it does not submit zoning documents to the federal government. It’s the latest in a standoff between the county executive and the agency stemming from a 2009 affordable housing settlement.

WAMC photo by Aubrey Mulvey

New York's Senior US Senator was in Troy Monday, pledging to fight possible federal cutbacks in Department of Housing and Urban Development funding to the city -  the battle cry may be moot.  

Senator Chuck Schumer voiced concerns that Collar City census figures dropped below 50,000 residents, it could lose Community Development Block Program funds earmarked for neighborhood improvements.  "It would deprive Troy of about $2.5 million in CDBG funds each year, and that would de-leverage and reduce private funding by millions and millions more."

A congresswoman from the Hudson Valley wants some federal disaster funding to stay in Hurricane Sandy-affected areas. She is among a number of federal lawmakers from New York City and the suburbs making such a call. 

It is the fourth anniversary of a fair and affordable housing settlement agreement between the federal government and Westchester County. U.S. Department of Housing and Urban Development Deputy Secretary Maurice Jones spoke with WAMC’s Hudson Valley Bureau Chief Allison Dunne about an agreement he wants to push across the finish line.