Governor Hochul Announces $2 Million Loan to Combat Rising Insurance Costs for Affordable Housing
May 11, 2026
May 11, 2026
ALBANY, New York, May 11 -- Gov. Kathy Hochul, D-New York, issued the following news release:
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Governor Hochul Announces $2 Million Loan to Combat Rising Insurance Costs for Affordable Housing
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Governor Kathy Hochul today announced a $2 million loan to Milford Street, an insurance collective created, owned and operated by members of New York's affordable housing industry to combat rising liability insurance premiums. A captive is a f . . .
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Governor Hochul Announces $2 Million Loan to Combat Rising Insurance Costs for Affordable Housing
*
Governor Kathy Hochul today announced a $2 million loan to Milford Street, an insurance collective created, owned and operated by members of New York's affordable housing industry to combat rising liability insurance premiums. A captive is a f . . .