New York Main Street
Forecasted
New York Main Street supports local governments and nonprofits in renovating buildings, developing downtown anchors, and addressing redevelopment barriers to revitalize New York’s downtown districts.
Funder: Homes and Community Renewal
Due Dates (Anticipated): July 2027 (Application deadline)
Funding Amounts: $50,000–$500,000 for Target Area Building Renovation; $100,000–$500,000 for Anchor or Stabilization projects (2026 limits); two-year term
Summary: Supports New York downtown revitalization through commercial and residential building renovations, downtown anchors, and stabilization projects.
Key Information: Cities, towns, and villages must have Pro-Housing Community designation to apply.
Description
New York Main Street (NYMS) provides financial resources and technical assistance to strengthen New York State’s traditional Main Streets, historic downtowns, mixed-use commercial districts, and village centers. The Office of Community Renewal administers the program under the direction of the Housing Trust Fund Corporation, through Homes and Community Renewal. Local governments and eligible nonprofits serve as Local Program Administrators rather than HCR contracting directly with property owners.
The program supports façade and storefront restoration, commercial interiors, residential rehabilitation, and complementary streetscape improvements. Its 2026 capital activities also support substantial renovations establishing downtown cultural, residential, or business anchors, and stabilization projects addressing hazardous materials or redevelopment barriers. Priorities include affordable upper-floor housing, concentrated improvements to neighboring buildings, private reinvestment, and projects ready to proceed.
