2026 NYS HOME Local Funding Round
The 2026 NYS HOME Local Funding Round from Homes and Community Renewal funds research-informed affordable housing development, rehabilitation, and assistance for low- and moderate-income New Yorkers.
Funder: Homes and Community Renewal
Due Dates: September 17, 2026: Full application submission deadline — NYS HOME Local Funding Round (applications and attachments must be submitted and certified in CDOL by 4:00 PM EST on this date)
Funding Amounts: Up to $20 million available; typical maximum awards: $750k (rehab), $800k (homeownership), $1.7M (manufactured housing), $1.25M (TBRA); per-unit and activity limits apply; contract term up to 2.5–3 years.
Summary: Federal HOME funds to support affordable housing development, preservation, and assistance for low- and moderate-income households statewide.
Key Information: Applications must be submitted and certified in the CDOL system by 4:00 PM on the deadline.
Description
The NYS HOME Local Funding Round provides federal HOME Investment Partnerships Program funds, administered by the New York State Housing Trust Fund Corporation (HTFC) through Homes and Community Renewal (HCR), to expand the supply of safe, decent, and affordable housing throughout New York State. Funding supports a range of activities including acquisition, rehabilitation, new construction, manufactured housing replacement, homebuyer assistance, and tenant-based rental assistance (TBRA) for low- and moderate-income households. A portion of the funds is reserved for Community Housing Development Organizations (CHDOs). All projects must comply with federal and state requirements, property standards, and affordability periods.
