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NYS HCR Middle Income Housing Program (MIHP)

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Status: Available

Type

Capital

Source

State

Procurement Agency

NYS HCR

Summary

HCR's MIHP provides gap financing to developments funded by the Supportive Housing Opportunity Program (SHOP) and New Construction Capital Program (NCP). 

Tenant Eligibility Criteria

Households with income up to 130% AMI.

Eligible Applicants

Nonprofit and for-profit developers are eligible to apply. Program priorities are:

  1. Provide housing opportunities in high economic growth areas and/or areas served by high-performing school districts.
  2. Encourage middle income households to live in economically challenged areas.
  3. Stabilize neighborhoods that are between economically vibrant and economically challenged communities.

Amount

Per-Residential Unit Maximum Award for the Multifamily Open Window:

Per-Residential Unit Maximum Award for the Unified Funding Round: Up to $200,000

Term

50 years. 

Network Notes

For More Information

Read the 2018 Multifamily Open Window RFP here

Read the 2018 Unified Funding RFP here.

Contact

Capital District Regional Office
Hampton Plaza, 6thFloor
38-40 State Street
Albany, New York, 12207
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, Supervising 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
Counties Served: Broome, Cayuga, Chenango, Cortland, Franklin, Herkimer, Jefferson, Lewis, Madison, Oneida, Onondaga, Oswego, St. Lawrence, Tioga and Tompkins.

Last updated: 08/30/2019

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