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Official news from the Office of the Governor
July 15, 2025

Building Affordable Housing in East New York, Brooklyn

Construction has begun at the Innovative Urban Village, a 385-unit affordable housing development with commercial space for a fresh food grocery store in East New York, Brooklyn.

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Governor Hochul announced the launch of Round XIII of the Regional Economic Development Council Initiative. Round XIII includes core capital grant and tax-credit funding combined with a wide range of programs from 10 State agencies, including $150 million in grant funds from Empire State Development, available to projects on a continuous basis.

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