NYS HOME Local Funding Round
Forecasted
NYS HOME Local Funding Round supports local housing programs with rehabilitation, homebuyer assistance, manufactured home replacement, and rental aid to expand affordable housing for low-income New Yorkers.
Funder: Homes and Community Renewal
Due Dates (Anticipated): September 2027 (Application deadline)
Funding Amounts: Published activity maximums: $750,000–$1,700,000 per award, with a 30-month contract term
Summary: Supports local housing programs that expand safe, affordable housing for low-income households throughout New York State.
Key Information: Applicants must have provided recent, relevant residential housing services for at least one year before applying.
Description
The NYS HOME Local Funding Round uses federal HOME Investment Partnerships Program funds to expand the supply of decent, safe, and affordable housing throughout New York State. It is administered by the Housing Trust Fund Corporation’s Office of Community Renewal within Homes and Community Renewal. The round supports homeowner rehabilitation, homebuyer down payment assistance, manufactured housing replacement, and tenant-based rental assistance.
HOME funding can support housing acquisition, rehabilitation, and construction, as well as certain related soft costs, administrative costs, and planning costs. Funding is distributed according to the State’s Consolidated Plan and federal HOME requirements. This opportunity is separate from the Homebuyer Development Open Funding Round. Published application materials and administrative limits provide reference guidance but may change for the next round.
