NYS HCR Releases Multifamily Finance RFP


NYS HCR Releases Multifamily Finance RFP image


New York State Homes and Community Renewal has released its summer Multifamily Finance Request for Proposals (RFP). This includes 9% Low Income Housing Tax Credits (LIHTC) and other capital resources. 

Supportive housing continues to be a priority in this RFP and up to $3 million in LIHTC is set aside for supportive housing projects. HCR defines supportive housing as projects in which at least 50% of the units are matched with services and operating funds available through the Empire State Supportive Housing Initiative or other sources.
Capital sources available this round include:

The deadline for application is August 29, 2021

A webinar will be made available on July 14, 2021

The RFP is available here

« Previous post Next post »