The 2026 NYS HOME Local Funding Round by Homes and Community Renewal funds the acquisition, construction, and rehab of affordable housing across New York State.
Funder: Homes and Community Renewal
Due Dates: September 17, 2026 (Full application and certification via CDOL by 4:00 PM EST)
Funding Amounts: $20 million available; typical max awards: $750,000 (rehab), $800,000 (homeownership), $1.7M (manufactured housing), $1.25M (TBRA); per-unit caps apply; contract term: 30 months.
Summary: Supports acquisition, construction, and rehabilitation of affordable housing statewide through federal HOME funds.
Key Information: Application must be submitted and certified in CDOL by deadline; only one activity per application; two awards max per organization.
The New York State HOME Local Funding Round, administered by Homes and Community Renewal (HCR) through the Housing Trust Fund Corporation (HTFC), provides federal HOME Investment Partnerships Program funds to support the development, rehabilitation, and preservation of safe, affordable housing across New York State. This competitive funding round enables partnerships among local governments, nonprofits, public housing authorities, and community-based organizations to acquire, construct, or rehabilitate housing, as well as provide direct assistance to low-income homebuyers and renters. The program adheres to New York State’s Consolidated Plan and federal HOME regulations, ensuring that funded projects deliver long-term affordability and meet rigorous property standards. Activities are designed to address local housing needs and are expected to be completed within 30 months.