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RUPCO – Daily Hudson Valley News http://www.hvinsider.com/articles Online news source for the Mid Hudson Region Fri, 01 May 2015 05:10:35 +0000 en-US hourly 1 https://wordpress.org/?v=4.6.2 Ulster County Awarded $750,000 in CDGB Funds http://www.hvinsider.com/articles/ulster-county-awarded-750000-in-cdgb-funds/ Sat, 29 Dec 2012 20:48:03 +0000 http://www.hvinsider.com/articles/?p=11059 ULSTER COUNTY EXECUTIVE MIKE HEIN ANNOUNCES THAT ULSTER COUNTY HAS BEEN AWARDED $750,000 IN CDGB FUNDS

The funds will be used to support the Ulster County Housing Rehabilitation and Disaster Relief Program.

Ulster County was awarded $750,000 in Community Development Block Grant (CDBG) funding as part of a county-wide housing rehabilitation program designed to support efforts to correct damage caused by Hurricanes Irene and Sandy as well as other recent natural disaster events.

The funding will be used to assist up to 20 owner-occupied units.  The average subsidy will be $31,400 with a maximum subsidy of $45,000 for disaster-related projects.  Priority will be given to income eligible properties that have storm damage and were not covered by insurance or FEMA. The program compliments Ulster County’s broader community goals in the areas of housing, economic development and community services.

“We are continuously fighting on behalf of the residents of Ulster County,” said Ulster County Executive Mike Hein.   “This award, which is the maximum available for New York counties, will benefit our most needy families impacted by Hurricanes Irene and Sandy. I want to thank Governor Cuomo and Senators Schumer and Gillibrand for all of their efforts in assisting the people of Ulster County to recover from these natural disasters.”

RUPCO Executive Director Kevin O’Connor said, “RUPCO is pleased to be able to partner with Ulster County to provide housing rehabilitation assistance to homeowners that experienced losses from recent severe weather events.  This award continues our efforts to create homes, support people and improve communities.”

RUPCO, the Rural Ulster Preservation Company will take all applications and sort the existing wait list to prioritize disaster related applicants. They will determine the most severe conditions and target the funds to meet the greatest need.  They will specifically target the funds to five homes owned by elderly citizens and to five homes owned by disabled applicants. The program will be implemented by RUPCO’s Homeownership Center.  For more information and eligibly questions contact Sally Dolan at (845)-331-9860.


Attorney General Schneiderman Awards Funds to RUPCO and Legal Services of the Hudson Valley http://www.hvinsider.com/articles/attorney-general-schneiderman-awards-funds-to-rupco-and-legal-services-of-the-hudson-valley/ Wed, 26 Sep 2012 20:52:20 +0000 http://www.hvinsider.com/articles/?p=9851 COUNTY EXECUTIVE MIKE HEIN COMMENDS ATTORNEY GENERAL SCHNEIDERMAN FOR FUNDING FORECLOSURE PREVENTION SERVICES IN ULSTER COUNTY

Tuesday County Executive Mike Hein commended Attorney General Eric T. Schneiderman for funding foreclosure prevention services in Ulster County through his Homeowner Protection Program. Local grantees include RUPCO and Legal Services of the Hudson Valley. “The Attorney General’s efforts are not only incredibly important but they show clearly that he understands the challenges facing families across New York State,” said County Executive Hein.

The Homeowner Protection Program is Attorney General Schneiderman’s commitment of $60 million over three years to fund housing counseling and legal services for struggling New York homeowners. Today’s announcement covers the first year of program funding at $20 million to aid struggling homeowners across the state who are fighting to avoid foreclosure and remain in their homes. Throughout New York State, 35 legal services organizations and 59 housing counseling agencies will receive over $16.1 million to provide free foreclosure prevention services. An additional $3.9 million has been allocated for training, technical assistance, and other support services to assist homeowners in foreclosure.

The funds awarded today are the result of a competitive Request For Applications process and represent a portion of the millions of dollars that New York received as a result of the National Mortgage Servicing Settlement that was announced in February between the five largest mortgage servicing banks, 49 states, and the federal government over foreclosure abuses.   According to data collected by the New York Federal Reserve, there are more than 140,000 mortgages across the state that are seriously delinquent, defined as in foreclosure or more than 90 days in arrears. Some of the hardest hit communities are on Long Island, in Brooklyn and Queens in New York City, and in the Hudson Valley.

More information on the Attorney General’s awards for the Attorney General’s Homeowner Protection Program is available online


Ulster County to Apply Community Development Block Grant For Housing Improvements http://www.hvinsider.com/articles/ulster-county-to-apply-community-development-block-grant-for-housing-improvements/ Mon, 30 Jul 2012 13:54:18 +0000 http://www.hvinsider.com/articles/?p=9030 ULSTER COUNTY EXECUTIVE MIKE HEIN TO APPLY FOR ASSISTANCE FOR HOMEOWNERS AFFECTED BY HURRICANE IRENE

On behalf of Ulster County, County Executive Mike Hein is applying for Community Development Block Grant funding to assist low income homeowners in need of housing improvements.  Priority will be given to homeowners needing repairs due to Hurricane Irene and/or Tropical Storm Lee.  Rural Ulster Preservation Company (RUPCO) will administer the program on behalf of the County.

County Executive Hein stated, “Ulster County continues efforts to assist howneowners and businesses impacted by these terrible storms. I urge all eligible homeowners interested in participating to contact RUPCO at (845) 331-9860 ext 220 to ensure that their needs are incorporated into this application for funding.”

Ulster County, working with RUPCO intends to apply for $750,000.  Applications are due on August 17, 2012.  Past applications for CDBG funding have been successful. Most recently, in 2011 Ulster County was awarded $750,000.  If this grant application is successful, funds are expected to be available in the spring of 2013.

Kevin O’Connor, Executive Director of RUPCO said. “Hurricane Irene exacerbated the need for housing repairs within the County.  RUPCO is committed to providing housing assistance to those in need and we are pleased to be able to assist the County in this application.”