Housing

New York's Downtown Revitalization Initiative provides $18 million to support transformational projects. With a focus on housing, infrastructure, and public spaces, contractors have a clear opportunity to engage with state-funded projects. Compliance with the Pro-Housing Communities Program is crucial for accessing these funds.

Washington State and others have filed a lawsuit against HUD over changes to the Continuum of Care program funding. These restrictions could destabilize housing support for thousands and impact future contracts for service providers in homelessness programs.

The recently passed VA Home Loan Awareness Act mandates improved disclosures for VA Home Loan applications, boosting veteran awareness of this essential benefit. With increased scrutiny from the GAO, contractors should prepare for heightened demand in veteran housing services and compliance with new outreach guidelines.

New York State is investing **$19.2 million** into 14 revitalization projects in the Mohawk Valley as part of the **Downtown Revitalization Initiative (DRI)** and **NY Forward** programs. This funding aims to improve infrastructure, promote affordable housing, and enhance community spaces, benefiting local contractors and businesses in urban development.

Governor Kathy Hochul announces $18.7 million in funding for 25 projects across Central New York. These initiatives, part of the Downtown Revitalization Initiative and NY Forward, prioritize economic growth, housing, and community development, requiring localities to be certified under the Pro-Housing Communities Program.

The Western Sydney Property & Infrastructure Forum gathered over 300 leaders to discuss vital infrastructure investments and housing projects. With the imminent opening of Western Sydney International Airport and the new Sydney Metro line, procurement professionals should be prepared for significant opportunities in the region's development.