Establishes the block by block homeownership program to provide capital subsidies for constructing, preserving, and rehabilitating one- to two-family.

The bill establishes the block by block homeownership program to provide capital subsidies for constructing, preserving, and rehabilitating one- to two-family dwellings throughout the state, outside of New York City. The program aims to address the shortage of affordable housing units in upstate New York, particularly in cities like Buffalo, Rochester, Syracuse, Albany, and Binghamton. It emphasizes providing opportunities for low and moderate-income buyers to purchase these dwellings.

Establishes the block by block homeownership program to provide capital subsidies for constructing, preserving, and rehabilitating one- to two-family.

The bill establishes the block by block homeownership program to provide capital subsidies for constructing, preserving, and rehabilitating one- to two-family dwellings throughout the state, outside of New York City. The program aims to address the shortage of affordable housing units in upstate New York, particularly in cities like Buffalo, Rochester, Syracuse, Albany, and Binghamton. It emphasizes providing opportunities for low and moderate-income buyers to purchase these dwellings.