NYS HCR Low-Income Housing Trust Fund (HTF)

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Status: Available


Capital, Pre-development/Acquisition



Procurement Agency



The Low-Income Housing Trust Fund (HTF) provides financing assistance for residential housing including new construction, rehabilitation and preservation. It is available through the Multifamily Finance 9% LIHTC RFP. 

Tenant Eligibility Criteria

HTF funding can only be used for households with income up to 90% AMI outside of NYC; up to 80% in NYC.

Eligible Applicants

Nonprofit or for-profit developers are eligible to apply.


Per unit maximum award up to $125,000 per unit.


Minimum 30-year regulatory agreement., Maximum 40-year regulatory agreement.

Network Notes

For More Information

Read the Fall 2023 HCR Multifamily 9% Low Income Housing Trust Fund Term Sheet here.


Multifamily Finance 9% LIHTC RFP Contacts:

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

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

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

Counties Served: Allegany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Cortland, Delaware, Erie, Genesee, Livingston, Madison, Monroe, Niagara, Onondaga, Ontario, Orleans, Oswego, Schuyler, Seneca, Steuben, Tioga, Tompkins, Wayne, Wyoming and Yates.

Ross Karp, Downstate Development Director

(212) 872-0395 

Last updated: 10/03/2023

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