Homes and Community Renewal
New York State Homes and Community Renewal (HCR) is the State's affordable housing agency with a comprehensive mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State. HCR works with private, public, and nonprofit partners to create safe, healthy, and affordable housing opportunities for all New Yorkers. The agency is currently charged with implementing Governor Hochul's $25 billion, five-year housing plan aimed at creating or preserving 100,000 affordable homes, including 10,000 with support services for vulnerable populations. HCR's key focus areas include multifamily housing financing, homeownership support through SONYMA (State of New York Mortgage Agency), community revitalization through state and federal grants, rent regulation and tenant protection, and ensuring fair housing opportunities across New York State.
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28 grantsHCR Multifamily Finance 9% LIHTC Request for Proposals
Homes and Community Renewal’s HCR Multifamily Finance 9% LIHTC RFP funds innovative, sustainable affordable housing and adaptive reuse projects across New York State using federal and state tax credits.
2025 Multifamily Finance 9% LIHTC RFP
Annual NYS HCR grant offers 9% LIHTC and state funding for the construction, rehabilitation, and preservation of affordable multifamily housing aligned with state housing priorities.
BLUE BUFFERS Voluntary Flood Risk Property Buyout Program
The BLUE BUFFERS program by Homes and Community Renewal funds the voluntary buyout and restoration of flood-prone properties in New York to create open space and reduce community flood risk.
25 more grants from Homes and Community Renewal
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