Upstate Home Buying Incentive Announced
New York Governor Andrew Cuomo says he wants to help encourage college graduates to settle in areas outside of New York City by offering subsidies for purchasing homes.
The Democrat says the State could offer low interest loans and down payment assistance.
The Governor puts the cost of the proposal at $5.
Cuomo says the incentives could help the region's economic recovery and the program could be expanded in the future if it is successful.