Albany, NY - Study Targets Pataki For Lack Of Housing Opportunities

Albany, NY - A new report is critical of Governor Pataki's performance on housing issues. The report, by the Pratt Center for Community Development, says that state agency's that's supposed to finance affordable housing has instead provided most of its money to developers building luxury homes.

According to the study, from 2000 to 2005, only about 6,000 out of nearly 13,000 units built with funding from the state Housing Finance Agency were deemed "affordable'' by the Pratt Center. Most of the units were in Manhattan. The report says Pataki tried to cut housing funding, failed to address the problems of abandoned and blighted neighborhoods in upstate cities and steered bond funding to Republican campaign donors.