Home Investment Partnership Program (HOME)
The New York State HOME Program is administered by the New York State Housing Trust Fund Corporation (HTFC). The program uses federal HOME Investment Partnership Program funds to expand the supply of decent, safe, and affordable housing within the State. The HOME Program funds a variety of activities through partnerships with counties, towns, cities, villages, private developers, and community-based non-profit housing organizations. The program provides funds to acquire, rehabilitate, or construct housing, or to provide assistance to low-income home-buyers and renters.
Federal HOME Program regulations (24 CFR Part 92) set forth requirements for formula allocations, eligible activities, matching funds, qualification as affordable housing, and compliance with other federal requirements. The regulations also establish special requirements for community housing development organizations (CHDOs).
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Funding Category: |
Acquisition, Rehabilitation, Construction, Related Soft Costs (relocation, rental assistance, down payment and closing costs, etc) |
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Target Population: |
Low-income renters and owners |
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Funding Available: |
HTFC expects to make $32 million in NYS HOME Program funds available to fund project applications under UF 2002. |
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Application Information: |
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Contact: |
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Links To More Info: |
DHCR New York State HOME Program Description |
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Administering Agency: |