NYS HOME Program
The NYS HOME Program from Homes and Community Renewal funds research-based efforts to expand and improve affordable housing across New York State through rehabilitation, replacement, and assistance initiatives.
Funder: Homes and Community Renewal
Due Dates: September 17, 2026 (Full application deadline, 4:00 PM EST)
Funding Amounts: $20 million available; maximum award per application: $750,000 (Housing Rehabilitation), $1,700,000 (Manufactured Housing Replacement), $800,000 (Homeownership Assistance), $1,250,000 (Tenant-Based Rental Assistance); per-unit maximums apply; contract term is 30 months.
Summary: Federal funds to expand affordable housing in New York State through acquisition, rehabilitation, construction, and assistance for low-income homebuyers and renters.
Key Information: Only one activity per application; generally, a maximum of two awards per organization per round.
Description
The NYS HOME Program, administered by the New York State Housing Trust Fund Corporation through Homes and Community Renewal, utilizes federal HOME Investment Partnerships Program funds to increase the supply of safe, decent, and affordable housing throughout New York State. Funding supports a range of activities, including moderate rehabilitation of owner-occupied homes, manufactured housing replacement, down payment and closing cost assistance for low-income homebuyers, and tenant-based rental assistance for eligible renters. The program is designed to address local housing needs by partnering with local governments, nonprofit organizations, and public housing authorities, ensuring all funded activities comply with federal and state standards for affordability and quality.
