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Hochul proposes $350 million boost for housing, seeks to cut red tape to speed projects
Summary
Gov. Hochul pledged $250 million in additional affordable housing funding and $100 million for manufactured housing, said the administration saved 71,000 homes at risk and opened the door for 800,000 more over the next decade, and proposed reforms to shorten environmental reviews.
In her 2026 address, Gov. Kathy Hochul announced new state investments and regulatory changes she said are designed to accelerate housing production and reduce delays that drive up costs.
Hochul said the state will "invest an additional $250,000,000 into affordable housing and $100,000,000 to scale innovative manufactured housing" and argued those dollars…
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