New York State Homes and Community Renewal

What is New York State Homes and Community Renewal?

The New York Sate Homes and Community Renewal (HCR) is a program that grants tax credit under the New York State Low-Income Housing Tax Credit Program (SLIHC), which is authorized under Article 2-A of the Public Housing Law.

Who are eligible for the New York State Homes and Community Renewal?

People and firms that construct and/or rehabilitate rental housing for low-income households are eligible to apply for grants given by the New York State Homes and Community Renewal.

How to apply for the New York State Homes and Community Renewal?

Applicants seeking SLIHC grant in conjunction with HCR financing must submit a Request for Proposals which are available at http://nysdhcr.gov/Funding/UnifiedFundingMaterials/2011/UF2011_RFP_101110.pdf.

How much funding is available for the New York State Homes and Community Renewal?

A total of $4 million is available. Individual awards are not to exceed $750,000 (with a maximum award amount of $20,000 per residential housing unit).

Where to send applications for th New York State Homes and Community Renewal?

The Unified Funding 2011 Capital Applications for early-round projects must be completed and submitted by 5 p.m. on Wednesday, January 12, 2011. All other Unified Funding 2011 Capital applications must be completed and submitted by 5 p.m. on Wednesday, February 9, 2011. Applicants seeking SLIHC without other HCR financing, HCR will accept applications for such funding throughout the year. Applications must be submitted to:

NYS Homes and Community Renewal
Hampton Plaza
38-40 State St.
Albany, NY 12207

For more information on the New York State Homes and Community Renewal , contact:

NYS Homes and Community Renewal
Hampton Plaza
38-40 State St.
Albany, NY 12207
518-473-2526

Leave a Comment

Previous post:

Next post: