We are excited to share that the FY2023 CoC Funding awards have been announced. The total award for CoC NY-500 was $15,666,769 that represented an 8.48% increase from FY2022. There were no new projects awarded funding but all existing programs were fully funded. The $1,342,335 increase was primarily due to adjustments to Fair Market Rent (FMR) for this area. Attached is the list of projects awarded.
Individual projects will be sent award letters from HUD over the next couple of months and then grant agreements will begin to be sent out.