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NYS HCR Homes for Working Families (HWF)

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Status: Available

Type

Capital

Source

State

Procurement Agency

NYS HCR

Summary

NYS HCR's HWF program provides gap financing to projects funded by a variety of HCR capital programs, including the Supportive Housing Opportunity Program (SHOP).

Tenant Eligibility Criteria

Households with incomes up to 60% AMI.

Amount

Per-Project Maximum Award: $4 million in the Open Window RFP or $2 million in the Unified Funding RFP.

Per-Residential Unit Maximum Award: Up to $125,000 per housing unit in the Open Window RFP or $25,000 per housing unit in the Unified Funding RFP

Term

Dependent on other capital financing.

Network Notes

For More Information

Read the 2018 Multifamily Open Window RFP here

Read the 2018 Unified Funding RFP here.

Contact

Open Window RFP Contact:

Leora Jontef
Vice President, Multifamily Finance - New Construction
New York State Homes and Community Renewal
(212) 872-0537
leora.jontef@nyshcr.org 

Unified Funding RFP Contacts:

Capital District Regional Office
Hampton Plaza, 6thFloor
38-40 State Street
Albany, New York, 12207
Gary VanWormer, Project Manager: (518) 474-5323
Darren Scott, Upstate Development Director East: (518) 485-7608
Counties Served: Albany, Clinton, Columbia, Delaware, Dutchess, Essex, Fulton, Greene, Hamilton, Montgomery, Orange, Otsego, Putnam, Rensselaer, Saratoga, Schenectady, Schoharie, Sullivan, Ulster, Warren and Washington.

New York City Regional Office
25 Beaver Street, 7th Floor 64
New York, NY 10004, (212) 480-4543
Paula Friday, Project Manager (212) 480-7158
Counties Served: Bronx, Kings, New York, Queens, Richmond, Nassau, Suffolk, Rockland and Westchester.

Buffalo Regional Office
Electric Building, Suite 105
535 Washington Avenue
Buffalo, New York 14203
Leonard Skrill, Upstate Director of Development: (716) 847-3926
Counties Served: Allegany, Cattaraugus, Chautauqua, Chemung, Erie, Genesee, Livingston, Monroe, Niagara, Ontario, Orleans, Schuyler, Seneca, Steuben, Wayne, Wyoming and Yates

Syracuse Regional Office
620 Erie Boulevard West, Suite 312
Syracuse, New York 13204
Leonard Skrill, Upstate Director of Development: (716) 847-3926
Lois Holden, Senior Project Manager: (315) 478-7179 x 219
Kathleen Karpinski, Senior Project Manager: (315) 478-7179 x 217
Counties Served: Broome, Cayuga, Chenango, Cortland, Franklin, Herkimer, Jefferson, Lewis, Madison, Oneida, Onondaga, Oswego, St. Lawrence, Tioga and Tompkins.

Last updated: 08/29/2019

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