New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… convert some newer large apartment buildings from rental to condo Its one of a handful of initiativesincluding a new … $50 million in funding to help wouldbebuyers make a down payment despite both the state legislature and assembly … and created new zoning districts to allow for taller towers that include affordable units The budget also secures …

By Celia Young |May 22, 2025 - 10:30AM