DASNY, in consultation with the New York State Department of Health, selected the Primary Care Development Corporation to administer the fund. Borrowers will be chosen by PCDC through an application process that is approved by DASNY and NYSDOH. The funds will be used to provide loans for projects at eligible facilities. Eligible projects may include construction, renovation, expansion and upgrading costs. The funds may also be used for credit enhancement and loan and debt service reserves to allow a facility to stimulate greater private sector investment.
DASNY Press Releases
The Governor’s Office of Storm Recovery (GOSR) today announced the start of a construction project that will better enable the Town of Rotterdam’s Fire District #1 to respond to severe storm-related emergencies, while providing ample space for residents to seek emergency medical services and to collect and store necessary supplies and equipment.
Gerrard P. Bushell, President and CEO of DASNY, announced today Albany Public Library will save approximately $4 million over the next 20 years as a result of DASNY’s refunding of approximately $23 million of the Library’s bonds. At least a portion of the $200,000 in annual debt service payment savings will be returned to taxpayers.
State and local officials joined with the Little Flower Union Free School District and their honored guests, to celebrate the ground breaking for the first phase of the school district’s Capital Project.
Governor Cuomo Announces Grand Opening of $24.4 Million Mixed-Use Housing Development in West Seneca
Governor Andrew M. Cuomo today announced the grand opening of the $24.4 million Ebenezer Square apartments in West Seneca, Erie County. The mixed-use development replaces a long vacant and blighted big box store and offers 25 affordable apartments integrated with a 75-unit licensed residential program serving individuals with behavioral health concerns.
The Addictions Care Center of Albany, Inc. held a groundbreaking ceremony on Wednesday, October 26th to celebrate the construction of a new 20 bed women and children’s residential program. The new building, funded through the New York State Office of Alcoholism and Substance Abuse Services (OASAS) will increase access to services for women suffering from addiction while allowing them to keep their families intact.
Governor Andrew M. Cuomo today announced the expansion of addiction treatment and prevention services on Long Island with the groundbreaking of a $4.6 million community residence center in Brentwood, Suffolk County and New York's first bilingual adolescent substance use disorder clubhouse now open in Freeport, Nassau County.
Governor Cuomo Announces Grand Opening of $24.8 Million Affordable Housing Development In Ronkonkoma
Governor Andrew Cuomo today announced the grand opening of the $24.8 million Liberty Landing apartments in Ronkonkoma, Suffolk County. The 59-unit supportive housing project, operated by Concern for Independent Living, offers residential based support services to formerly homeless veterans, in addition to affordable housing for low income Long Island families.
A completely renovated DeGroat Hall opened its doors with 146 beds for students this fall, marking the first major overhaul for SUNY Cortland’s four-story brick Georgian-style residential facility since it was built 65 years ago.
Governor Andrew M. Cuomo today announced the grand opening of a new $3.6 million Fairview Recovery Services, Inc. women's facility in Binghamton. The new disorder treatment facility is certified by the New York State Office of Alcoholism and Substance Abuse Services to offer treatment and accommodations for women, specifically offering mothers the opportunity to have their children stay with them during treatment.