New York Invests $125M in Affordable Housing Upgrades

Families living in affordable housing across upstate New York just got a powerful boost to fight rising energy costs and improve their quality of life.

Governor Kathy Hochul announced the AMP Up program, which puts $125 million toward upgrading affordable apartment buildings with energy efficient improvements. The program targets buildings where at least 25% of residents earn at or below 80% of the area's median income.

The initiative covers everything from simple fixes like better insulation and energy efficient appliances to major upgrades like new windows and modern heating systems. Buildings with five or more units north of Con Edison's service area qualify for the funding.

What makes this program different is its white glove approach. Building owners get a free concierge service that walks them through every step, from initial planning to final construction. The service includes building assessments, project planning, funding guidance, and construction monitoring.

The timing couldn't be better. Rising utility bills have hit low and moderate income families hardest, forcing difficult choices between heating and other necessities. These upgrades will deliver real savings on monthly bills while making apartments more comfortable year round.

The program also includes a first of its kind resilience pilot that funds protections against flooding and extreme heat. As climate change brings more extreme weather, these improvements will help keep families safe and secure in their homes.

The Ripple Effect spreads far beyond individual buildings. When families spend less on utilities, they have more money for food, healthcare, and other essentials. Children do better in school when their homes are comfortable. Property owners can maintain affordable rents while improving their buildings. Local contractors gain new business installing these upgrades.

The New York State Energy Research and Development Authority will administer the program and help connect building owners with participating contractors. An informational webinar on April 28 will provide details on how to apply and what improvements qualify for funding.

This investment builds on Governor Hochul's recent commitment of up to $150 million for energy efficient heat pumps in homes and small buildings statewide. Together, these programs signal a major shift toward making clean energy solutions accessible to everyone, not just those who can afford upfront costs.

The approach recognizes that fighting climate change and supporting vulnerable communities aren't competing goals. Smart investments can achieve both, creating homes that cost less to operate while reducing carbon emissions.

Thousands of New York families will soon live in more comfortable, affordable homes while the state moves closer to its clean energy future.