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NYS HCR Releases Multifamily Finance RFP

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NYS HCR Releases Multifamily Finance RFP image

07.08.2021

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

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