NYS HCR Senior Housing Program

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Status: Available





Procurement Agency



The Senior Housing Program provides capital funding for site acquisition, hard costs, and related soft costs to create housing for low-income seniors in New York State. It is available through both the Multifamily Finance 9% LIHTC RFP and the Multifamily Finance 4% program.

Tenant Eligibility Criteria

Low-income seniors, aged 62 and above. AMI restrictions: Up to 60% AMI or up to 80% AMI if utilizing Income Averaging. 

Projects with at least 10% of income-restricted units up to 30% AMI are a priority.

Eligible Applicants

Nonprofit or for-profit developers with experience developing, marketing, owning and managing housing for low income seniors. 


New York City and Rockland, Westchester, Nassau & Suffolk Counties: Up to $140,000 per housing unit with a household income limit of up to 60% AMI.

Rest of State: Up to $95,000 per housing unit. 


Minimum 40-year regulatory agreement, maximum of 50 years.

Network Notes

For More Information

See the Senior Housing Program term sheet, which is the same document for both the Multifamily Finance 9% LIHTC RFP  here

And the Multifamily Finance 4% program, here.


Multifamily Finance 4% Contact
New York State Homes and Community Renewal
(212) 872-0537

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 

Counties Served: Bronx, Kings, New York, Nassau, Queens, Richmond, Rockland , Suffolk, Westchester.

Last updated: 10/03/2023

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