ALBANY, NY (607NewsNow) — Affordability is being addressed in Albany. 

Governor Kathy Hochul, in her State of the State speech yesterday, announced big savings. 

During Tuesday’s speech, Hochul also touched on housing. She wants to see more New Yorkers become homeowners and plans to invest even more in the construction and rehabilitation of additional housing units statewide.

“In my first State of the State address I unveiled an ambitious plan to build or preserve 100,000 units in five years. I’m proud that we are half way to our goal and ahead of schedule. But more needs to be done. Let’s invest an additional 100 million dollars in local development on top of the 650 million dollars we invested for pro-housing communities last year,” Hochul said.

“This targeted home-ownership strategy includes: 100 million dollars to build starter homes and provide down payment assistance for first-time homebuyers. And I’m proposing a housing development ombudsman to streamline approvals and get shovels in the ground sooner. ”