NYS Home Local Program

NYS HOME Program

NYS HOME Program
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Overview

The New York State HOME Program is administered by the New York State Housing Trust Fund Corporation (HTFC). The program uses federal HOME Investment Partnership Program funds to expand 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. The program provides funds to acquire, rehabilitate, or construct housing, or to provide assistance to low-income home-buyers and renters. Funds must be distributed in accordance with needs and priorities identified in the State's Consolidated Plan. Federal HOME Program regulations (24 CFR Part 92) set forth requirements for formula allocations, eligible activities, matching funds, qualifications as affordable housing, and compliance with other federal requirements. The regulations also establish special requirements for community housing development organizations (CHDOs).

Eligible Applicants

Any unit of local government, not-for-profit corporation, Public Housing Authority, or Community Housing Development Organization (CHDO) that can demonstrate the capacity to develop and operate a qualifying project, show local market need for the project/program, and has been in existence providing  recent and relevant residential housing services to the community for at least one year prior to application is eligible to apply for HOME project funding. Units of general local government that have not been designated by HUD as participating jurisdictions and not-for-profit corporations that meet certain administrative tests may also apply as local program administrators. Jurisdictions which receive HOME program funding directly from the federal government may not apply for New York State HOME Program funds.

Eligible Areas

All areas of the State are eligible, subject to the funding limitations described below.

Income Eligibility

HOME Program funds may only be used to assist households with incomes at or below 80 percent of area median income. Rental projects must primarily serve households with incomes at or below 60 percent of area median income. Assisted rental units must remain affordable for a period of between five and 20 years, depending on the initial amount of subsidy provided for the project.

Funding Limitations

HOME Program funds may be used to pay for acquisition, rehabilitation, construction, and certain related soft costs. Funds may also be used for relocation costs, tenant-based rental assistance, down payment and closing costs, and some administrative and planning costs, subject to limitations set forth in the federal regulations. Funds may only be used for residential housing. There are restrictions on the use of HOME funds for properties assisted by certain other federal programs. Fifteen percent of each allocation of HOME Program funds is reserved for qualified community housing development organizations (CHDO) in accordance with federal law. Of the remaining funds, a minimum of 80 percent is reserved for projects that are not located in communities that have been designated by HUD as participating jurisdictions.

Forms & Documents

General Grant Administration
Affirmative Marketing Policy HOME Local
Section 3 Policy HOME Local
Federal Rehab Assistance Calculation Worksheet Instructions
Federal Rehab Assistance Calculation Worksheet
HOME & CDBG Anti-displacement Relocation Plan
HOME Rehabilitation Standards
Mold - Addition to Rehab Standards for HOME Program
Tips for Partnering with Weatherization
HTFC Direct Deposit Form
Authorized Signature Form
Budget Documents
TBRA Budget Worksheet
Homebuyer Budget Worksheet
Homeowner Housing Rehab Budget Worksheet

Manufactured Housing Replacement Budget Worksheet

HOME Budget Policy
Period of Affordability Documents
HOME Enforcement Mortgage
HOME Restrictive Covenant
Affidavit of Exemption

LPA Subordination Worksheet

Returned Funds Worksheet with Deductions

HTFC Repayment Cover Sheet

NYS HOME Local Program Resale-Recapture Policy
Reporting

Homebuyer Development Projects Contract Status Report

Homebuyer Assistance With or Without Housing Rehabilitation Contract Status Report
Homeowner Housing Rehabilitation With or Without Rental Contract Status Report
Manufactured Housing Replacement Contract Status Report
Rental Rehabilitation Program Contract Status Report
TBRA Contract Status Report
Administrative Plans
FY18 HOME Local Admin Plan Homebuyer Assistance With or Without Housing Rehabilitation
FY18 HOME Local Admin Plan Homebuyer Development Projects
FY18 HOME Local Admin Plan Homeowner Housing Rehabilitation With or Without Rental Units
FY18 HOME Local Admin Plan Manufactured Housing Replacement
FY18 HOME Local Admin Plan Tenant Based Rental Assistance
Set Up and Completion Forms
Homebuyer Form
Homeowner Form
Tenant Based Rental Assistance Form
Rental Form
Disbursement Forms

HOME Project Cost Detail Sheet

HOME Disbursement Request Cover Sheet

HOME Purchase Assistance Detail Sheet
HOME Administrative Detail Sheet
Resources
The following links are intended to direct grantees to HOME-related information needed to administer awards. The Office of Community Renewal assumes no responsibility in assuring the accuracy of information obtained from outside sources.
HOME Income Limits
CPD Income Calculator
HOME Rent Limits
HOME Value Limits
HOME Information

 

Funding Round Materials