Department of Transportation

Homes & Community Renewal

Low-Income Housing Tax Credits 

Program Description

Housing Tax Credit programs provide federal and State tax credits to developers and investors who construct, own and manage affordable rental housing for working families, seniors, and households with special needs. 

Funding Mechanism Description

Equity from the sale of tax credits jumpstarts the construction of affordable housing.  The low-cost financing provided by the credits can be used both during construction of the housing and after the housing has been occupied.  


Homes for Working Families Program (HWF)

Program Description

HWF provides low-interest loans to developers who construct, own and manage affordable rental housing for working families.  HWF also provides low-cost financing for senior housing and housing for households with special needs. 

Funding Mechanism Description

HWF provides low-cost financing both during the construction of affordable housing, as well as after construction has been completed and the units rented to income-eligible households.


Housing Trust Fund Program (HTF)

Program Description

HTF provides low-interest loans to developers who construct, own and manage affordable rental housing.  HTF loans fill critical financing gaps and accelerate the construction of affordable housing for working families, seniors, and households with special needs. 

Funding Mechanism Description

HTF loans are typically used to “take out” private-sector construction lenders after housing developments have been completed and occupied by income-eligible tenants



Access to Home

Program Description

The Access to Home Program awards grants to municipalities and eligible not-for-profit entities that have substantial experience in adapting or retrofitting homes for persons with disabilities. Recipients provide financial assistance to property owners to make dwelling units accessible for low- and moderate- income persons with disabilities.

Funding Mechanism Description

Upon award of Access to Home funds, a grant agreement must be executed between the New York State Housing Trust Fund Corporation (HTFC) and the Local Program Administrator (LPA). A program schedule, budget, and project set-up must be submitted for each project before the LPA commences work on the unit and before any request for disbursement is submitted to the HTFC. All activities must be complete within two years from the date of award.

Affordable Housing Corporation (AHC)

Program Description

The New York State Affordable Housing Corporation (AHC), through its Affordable Home Ownership Development Program, creates and maintains home ownership opportunities for low- and moderate-income families by providing grants to governmental, not-for-profit and charitable organizations to subsidize the cost of newly constructed houses and the renovation of existing housing.

Funding Mechanism Description

Upon execution of a grant agreement between AHC and the awardee, the requisition and disbursement process varies by project type. For newly-constructed or rehabilitated homes for sale, AHC funds are disbursed to the grantee for each home after a qualified home buyer is identified. For newly-acquired homes that are not yet rehabilitated, AHC funds are disbursed to the grantee at the close of sale of each home. For owner-occupied homes to be rehabilitated, the grantee may receive an advance of AHC grant funds of up to 25% of the total grant amount, or otherwise receive reimbursement for homes as they are rehabilitated.

Community Development Block Grant (CDBG)

Program Description

The Community Development Block Grant (CDBG) program provides financial assistance to eligible cities, towns, and villages with populations less than 50,000 and counties with an area population under 200,000, in order to develop viable communities by providing decent, affordable housing, and suitable living environments, as well as expanding economic opportunities, principally for persons of low and moderate income.

Funding Mechanism Description

Upon award by the New York State Housing Trust Fund Corporation, all CDBG recipients are required to comply with all federal, state, and local regulations and statutes. Prior to disbursement, the grant agreement must be executed, a budget and program schedule must be submitted, the recipient must conduct an environmental review of the project, and project set-up must be completed. All activities must be completed within two years from the date of award.  

New York State HOME

Program Description

The HOME Investment Partnership Program expands the supply of decent, safe, and affordable housing within the State. The HOME Program funds a variety of activities through partnerships with counties, towns, cities, villages, private developers, and community-based non-profit housing organizations. Funds may be used to acquire, rehabilitate, or construct housing, or to provide assistance to low-income home buyers and renters.

Funding Mechanism Description

Upon award by the New York State Housing Trust Fund Corporation, all HOME recipients are required to comply with all federal, state, and local regulations and statutes. Prior to disbursement, the grant agreement must be executed, the recipient must conduct an environmental review of the project, and project set-up must be completed. All activities must be completed within three years from the date of award.  

 

New York Main Street (NYMS)

Program Description

New York Main Street (NYMS) provides financial resources and technical assistance to communities to strengthen the economic vitality of the State's traditional Main Streets and neighborhoods. The NYMS grant program provides funds to units of local government, business improvement districts, and other not-for-profit organizations that are committed to revitalizing historic downtowns, mixed-use neighborhood commercial districts, and village centers. Recipients may award NYMS matching grants to reimburse building owners for renovations to downtown mixed-use buildings.

Funding Mechanism Description

Upon award, a grant agreement including a program schedule and budget must be executed and the environmental effects of each activity must be addressed in accordance with the State Environmental Quality Review Act.  The NYMS program operates fully as a reimbursement program and disbursement of funds will only be made upon satisfactory completion of building projects. Throughout the administration of a NYMS program, recipients must be mindful that they are responsible for maintaining compliance with all applicable program requirements.  The proposed project must be complete within two years from the award date. 

 

Residential Emergency Services to Offer (Home) Repairs to the Elderly (RESTORE)

Program Description

The RESTORE Program provides funds to not-for-profit corporations and municipalities, which may be used to pay for the cost of emergency repairs to eliminate hazardous conditions in homes owned by the elderly when the homeowners cannot afford to make the repairs in a timely fashion. To be eligible for assistance, homeowners must be 60 years of age or older and have a household income that does not exceed 80 percent of the area median income.

Funding Mechanism Description

The RESTORE program is an emergency repair program where the Local Program Administrator (LPA) receives fifty percent of the award upon contract execution between the New York State Housing Trust Fund Corporation and the LPA.  The LPA is able to request the remaining award funds once 75% of the first disbursement has been documented as expended. All RESTORE activities must be complete within twelve months from the date of award.

Agency Program Name CFA # Region Applicant Name Project Name Project Description CFA Award Amount Contract Executed Anticipated Completion Date
HCR Village of Richmondville Community Needs Assessment 68644 Mohawk Valley Village of Richmondville Village of Richmondville Community Needs Assessment Funds will be used to complete a Community Needs Assessment. $23,750.00
HCR Town of Glenville Economic Development Study 65664 Capital District Town of Glenville Town of Glenville Economic Development Study Funds will be used to complete a Development Plan for a 310 acre industrial site known as the Glenville Business and Technology Park. $47,500.00 Thursday, December 6, 2018 - 19:00
HCR Town of Dix Water and Sewer District Extension Study 66561 Southern Tier Town of Dix Town of Dix Water and Sewer District Extension Study Funds will be used to complete a Public Infrastructure Preliminary Engineering Report. $50,000.00 Thursday, December 6, 2018 - 19:00
HCR Village of Cobleskill Railroad Avenue Neighborhood Reconstruction Project 68316 Mohawk Valley Village of Cobleskill Village of Cobleskill Railroad Avenue Neighborhood Reconstruction Project Funds will be used to complete water infrastructure improvements in the Railroad Ave. area of the Village. $600,000.00 Thursday, December 6, 2018 - 19:00
HCR Village of Granville Wastewater Treatment Plant Upgrades 63624 Capital District Village of Granville Village of Granville Wastewater Treatment Plant Upgrades Funds will be used to make improvements to the wastewater treatment facility. $600,000.00 Thursday, December 6, 2018 - 19:00
HCR Wallies of Greenwich 64556 Capital District Village of Greenwich Wallies of Greenwich The Village of Greenwich will assist in the renovation of the Wallie's of Greenwich building located at 54 Main Street in Greenwich. The renovation project will restore the iconic restaurant that was once an anchor for the Village's commercial district. $500,000.00 Tuesday, January 31, 2017 - 19:00 Tuesday, December 18, 2018 - 19:00
HCR Burrous Building Stabilization and Redevelopment 65718 Western New York Village of Wellsville Burrous Building Stabilization and Redevelopment The Village of Wellsville will assist in the renovation of the former Burrous Furniture Building, an iconic building located in the Village's downtown. $500,000.00 Tuesday, December 18, 2018 - 19:00
HCR Village of Red Creek Sanitary Sewer Project 66602 Finger Lakes Village of Red Creek Village of Red Creek Sanitary Sewer Project Funds will be used to construct a low-pressure, sanitary sewer force main along Canada Street. $570,000.00 Tuesday, February 21, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Sanford Clock Tower Renovation Project 63644 Mohawk Valley City of Amsterdam Sanford Clock Tower Renovation Project The City of Amsterdam will assist in the renovation of the historic Sanford Clock Tower building located at 37 Prospect Street in Amsterdam. This phase of the project will renovate the 6th floor to create a business incubator space. $500,000.00 Thursday, March 16, 2017 - 20:00 Tuesday, December 18, 2018 - 19:00
HCR 145 Front Street Owego Revitalization Project 64605 Southern Tier Tioga County 145 Front Street Owego Revitalization Project Tioga County will assist in the renovation of a historic building located at 145 Front Street in Owego. The property will contain commercial space, hotel rooms and apartments. $500,000.00 Thursday, January 5, 2017 - 19:00 Tuesday, December 18, 2018 - 19:00
HCR Village of Deposit Wastewater Treatment Plant and Church Street Rehabilitation 65743 Southern Tier Village of Deposit Village of Deposit Wastewater Treatment Plant and Church Street Rehabilitation Funds will be used to replace water lines, drainage and sidewalks along Church Street and replace the bar screen and washer compactor at its Wastewater Treatment Plant. $724,677.00 Wednesday, March 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Steuben County the Woodlands Community Sewer Project 66674 Southern Tier Steuben County Steuben County the Woodlands Community Sewer Project Funds will be used to construct public water and sewer improvements to serve a manufactured housing development, known as The Woodlands Community. $750,000.00 Wednesday, February 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of Amsterdam Microenterprise Program 63672 Mohawk Valley City of Amsterdam City of Amsterdam Microenterprise Program Funds will be used to assist in the establishment of a Microenterprise Program. $200,000.00 Wednesday, March 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of Peekskill Microenterprise Program 64996 Mid-Hudson City of Peekskill City of Peekskill Microenterprise Program Funds will be used to assist in the establishment of a Microenterprise Program. $200,000.00 Thursday, December 6, 2018 - 19:00
HCR Livingston County Microenterprise Program 65755 Finger Lakes Livingston County Livingston County Microenterprise Program Funds will be used to assist in the establishment of a Microenterprise Program. $185,000.00 Wednesday, March 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of Cortland Clinton Avenue Water Project 66681 Central New York City of Cortland City of Cortland Clinton Avenue Water Project Funds will be used to replace water mains along Clinton Avenue between Pomeroy Street and Church Street in the City. $750,000.00 Wednesday, February 22, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of Watervliet Senior Center and Library Project 63710 Capital District City of Watervliet City of Watervliet Senior Center and Library Project Funds will be used to repair the roof and install handicap access doors at the Watervliet Senior Citizens Center and Library. $300,000.00 Wednesday, February 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Ritz Theater Stabilization Project 65010 Mid-Hudson Safe Harbors of the Hudson Ritz Theater Stabilization Project Safe Harbors of the Hudson, Inc. will design and construct a new roof on the Ritz Theater located at 107 Broadway in the City of Newburgh. The renovation project will stabilize the building for future redevelopment. $500,000.00 Tuesday, December 27, 2016 - 19:00 Tuesday, December 18, 2018 - 19:00
HCR Town of Schoharie Central Bridge Community Planning Project 65810 Mohawk Valley Town of Schoharie Town of Schoharie Central Bridge Community Planning Project Funds will be used to complete the Central Bridge Community Planning process focused on streetscapes and housing. $50,000.00 Thursday, December 6, 2018 - 19:00
HCR Delaware County Microenterprise Program 66683 Southern Tier Delaware County Delaware County Microenterprise Program Funds will be used to assist in the establishment of a Microenterprise Program. $200,000.00 Monday, March 6, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of North Tonawanda Microenterprise Program 63719 Western New York City of North Tonawanda City of North Tonawanda Microenterprise Program Funds will be used to assist in the establishment of a Microenterprise Program. $200,000.00 Thursday, December 6, 2018 - 19:00
HCR Village of Hoosick Falls Wood Brook Flood Mitigation Study 65093 Capital District Village of Hoosick Falls Village of Hoosick Falls Wood Brook Flood Mitigation Study Funds will be used to complete a study of flooding and associated solutions caused by the Woods Brook. $23,560.00 Monday, March 6, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Town of Ballston Microenterprise Program 66082 Capital District Town of Ballston Town of Ballston Microenterprise Program Funds will be used to assist in the establishment of a Microenterprise Program. $200,000.00 Thursday, December 6, 2018 - 19:00
HCR Town of Annsville Lee Center - Taberg Road Water District Improvements 66726 Mohawk Valley Town of Annsville Town of Annsville Lee Center - Taberg Road Water District Improvements Funds will be used to design and construct a drinking water distribution system. $638,000.00 Thursday, January 26, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Village of Penn Yan Water Main Improvement 60573 Finger Lakes Village of Penn Yan Village of Penn Yan Water Main Improvement Funds will be used to install water mains on Sheppard Street, Johnson and Myrtle Avenues, plus hydrants, line valves, a railroad crossing boring, and other appurtenances. $679,800.00 Wednesday, March 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of North Tonawanda Oliver Street Community Needs Assessment 63720 Western New York City of North Tonawanda City of North Tonawanda Oliver Street Community Needs Assessment Funds will be used to complete an Oliver Street Corridor Community Needs Assessment. $40,000.00 Thursday, January 19, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Town of Belfast Water System Study 65139 Western New York Town of Belfast Town of Belfast Water System Study Funds will be used to complete an engineering analysis and plan for a drinking water extension/rehabilitation and an asset management evaluation of the drinking water system. $50,000.00 Thursday, December 6, 2018 - 19:00
HCR Village of Attica Stevens Memorial Community Library Accessibility Improvements 66090 Finger Lakes Village of Attica Village of Attica Stevens Memorial Community Library Accessibility Improvements Funds will be used to assist the Stevens Memorial Community Library to construct improvements to make the library accessible for handicapped persons. $300,000.00 Thursday, December 6, 2018 - 19:00
HCR Binghamton 2016 Main Street Program 66807 Southern Tier Binghamton Local Development Corporation Binghamton 2016 Main Street Program The Binghamton Local Development Corporation will assist in the renovation of commercial spaces and apartments in local landmark and adjacent structures in a corridor that approaches the downtown of the City of Binghamton. $500,000.00 Tuesday, May 16, 2017 - 20:00 Tuesday, December 18, 2018 - 19:00
HCR Village of Corinth Wastewater Facility Improvements 63342 Capital District Village of Corinth Village of Corinth Wastewater Facility Improvements Funds will be used to help construct a new Waste Water Treatment Plant. $1,000,000.00 Saturday, February 11, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR City of Cohoes Sidewalk Improvement Project 63880 Capital District City of Cohoes City of Cohoes Sidewalk Improvement Project Funds will be used to replace non-compliant sidewalks in the Historic District along Remsen Street from Cayuga to Ontario Streets. $300,000.00 Thursday, December 6, 2018 - 19:00
HCR Village of Addison Water System Improvements 65143 Southern Tier Village of Addison Village of Addison Water System Improvements Funds will be used to complete needed improvements to the wastewater treatment facility. $1,000,000.00 Wednesday, March 1, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Barber Block Redevelopment Project 66134 Central New York Village of Homer Barber Block Redevelopment Project The Village of Homer will assist in the renovation of the historic Barber Block, a landmark building in the Old Homer Historic District, creating new apartments and undertaking commercial and facade repairs. $493,000.00 Tuesday, December 18, 2018 - 19:00
HCR Village of Phoenix Water and Sewer Improvements 66903 Central New York Village of Phoenix Village of Phoenix Water and Sewer Improvements Funds will be used to install new water lines, storm sewers, and sanitary sewers. $529,216.00 Thursday, December 6, 2018 - 19:00
HCR Village of DeRuyter Water Improvement 63366 Central New York Village of DeRuyter Village of DeRuyter Water Improvement Funds will be used to replace 244 obsolete water meters. $489,900.00 Thursday, March 9, 2017 - 19:00 Thursday, December 6, 2018 - 19:00
HCR Brocton Main Street 64020 Western New York Chautauqua Home Rehabilitation and Improvement Corporation Brocton Main Street Chautauqua Home Rehabilitation and Improvement Corporation will assist in the renovation of commercial spaces and apartments in the Village of Brocton's downtown business district. $242,235.00 Tuesday, January 31, 2017 - 19:00 Tuesday, December 18, 2018 - 19:00
HCR Village of Candor Drinking Water Improvements Study 65146 Southern Tier Village of Candor Village of Candor Drinking Water Improvements Study Funds will be used to complete an engineering analysis and planning for a drinking water extension and an asset management evaluation of the drinking water system. $50,000.00 Thursday, December 6, 2018 - 19:00
HCR Genesee County Housing Needs Assessment 66461 Finger Lakes Genesee County Genesee County Housing Needs Assessment Funds will be used to complete a Housing Needs Study. $47,500.00 Thursday, December 6, 2018 - 19:00
HCR City of Peekskill Hollowbrook Pump Station 66998 Mid-Hudson City of Peekskill City of Peekskill Hollowbrook Pump Station Funds will be used to replace the Hollowbrook Pump Station. $750,000.00 Thursday, December 6, 2018 - 19:00
HCR Village of Potsdam Water Pollution Control Facility Improvement Project 63386 North Country Village of Potsdam Village of Potsdam Water Pollution Control Facility Improvement Project Funds will be used to renovate the Village Water Pollution Control Facility (WPCF) which is at the end of its useful life. $750,000.00 Wednesday, February 22, 2017 - 19:00 Thursday, December 6, 2018 - 19:00

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