Status: Available
Type
Capital, Services
Source
Federal
Procurement Agency
NYS HCR
Summary
The NYS HCR HOME-ARP program is a federal program, funded by the American Rescue Plan. It will fund Capital, Services, Non-Congregate Shelter and Non-Profit Capacity Building meant to serve homeless people.
Tenant Eligibility Criteria
For HOME-ARP rental projects, 70% of the units must serve households with incomes at or below 30% 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.
Amount
There is $79 million in funds available as follows:
|
Rental Housing Capital |
$57.8M |
|
Supportive Services |
$10.0M |
|
Non-Congregate Shelters |
$7.0M |
|
Not-for-Profit Capacity Building |
$4.6M |
A maximum of $400,000/unit is available for Rental Housing Capital
Term
The project must remain in service for a minimum term of 15 years.
Network Notes
Projects in areas that are receiving HOME-ARP funding are eligible, but should be leveraging that local funding to have priority.
Services funding is one time and not renewable, and must be part of the HOME-ARP project. but ESSHI conditional awards could work with the capital funding
The Not-for-Profit capacity building funds should be tied to a HOME-ARP funded program
For More Information
See HCR's Term Sheet here.
Contact
Kristin Diotte - Director, Strategic HOME Initiatives NYS Homes & Community Renewal Email – HOME_ARP@hcr.ny.gov
Last updated: 12/04/2023