NYS HOME Investment Partnership Program

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Status: Available





Procurement Agency



The NYS HCR HOME program will fund hard costs and acquisition related soft costs for permanent supportive housing and affordable housing. It is available through the Multifamily Finance 9% LIHTC RFP.

Tenant Eligibility Criteria

HOME rental projects must serve households with incomes at or below 60% of area median income (AMI). There are scoring incentives for projects in which 15% or more of the units are set aside for special needs populations including homeless, mentally ill, substance abuse, domestic violence and physically disabled individuals and families.

Eligible Applicants

Nonprofit and for-profit developers are eligible to apply.


The HCR Multifamily Finance 9% Application Reference Materials detail the maximum award per HOME unit, which varies by unit size: 

Studio: $159,753    
One Bedroom:  $183,132
Two Bedroom:  $222,693
Three Bedroom: $288,093
Four Bedroom:  $316,236


The project must remain in service for a minimum term of 30 years, up to 50 years.

Network Notes

Counties Served: Albany, Clinton, Columbia, Dutchess, Essex, Franklin, Fulton, Greene, Hamilton, Herkimer, Jefferson, Lewis, Montgomery, Orange, Oneida, Otsego, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, St. Lawrence, Sullivan, Ulster, Warren, Washington, and Westchester

For More Information

See HCR's Term Sheet here.


Multifamily Finance (9%) RFP Contacts:

Darren Scott, Upstate Director of Development East
(518) 795-5016

Leonard Skrill, Upstate Director of Development West and Downstate
(518) 461-6591 

Last updated: 11/04/2022

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