Overview
The New York State HOME Program is administered by the New York State Housing Trust Fund Corporation (HTFC) and uses federally allocated HOME Investment Partnership Program funds to expand the supply of decent, safe, and affordable housing within the State.
The NYS HOME Program funds a variety of activities to acquire, rehabilitate, or construct affordable housing, or to provide assistance to low-income home-buyers or renters through partnerships with counties, towns, cities, villages, private developers, and community-based non-profit housing organizations. Funds are distributed in accordance with the State's Consolidated Plan and are federally regulated through 24 CFR Part 92 which set forth all requirements for HOME such as formula allocations, eligible activities, matching funds, qualifications as affordable housing, community housing development organizations (CHDOs) certification, and compliance with other federal requirements.
Eligible Applicants
Units of local government, not-for-profit corporations, Public Housing Authorities, for-profit or non-profit developers, or Community Housing Development Organizations (CHDO) that can demonstrate the capacity to develop and operate a qualifying program or project, show local market need, and has been in existence providing recent and relevant residential housing services to the community for at least one year prior to application may be eligible to apply for HOME funding either as a direct recipient or local program administrator. Jurisdictions that receive HOME program funding directly from the federal government are generally eligible but may be required to contribute their own HOME resources to the program or project.
Eligible Areas
All areas of the State are eligible.
Eligible Participants
HOME Program funds in general may be used to assist households with incomes at or below 80 percent of area median income. Rental projects must serve households with incomes at or below 60 percent of the area median income. All HOME projects must remain affordable for a period of between 5 to 20 years depending on the activity and amount of HOME funds invested.
Eligible Activities
HOME Program funds may be used to pay for acquisition, rehabilitation, and/or construction, including programs detailed below for homeowner rehabilitation, homebuyer down payment assistance, manufactured home replacement, and tenant-based rental assistance. Certain related soft costs and administrative and planning costs can also be paid with HOME funds. All HOME-assisted units must meet the NYS code at completion. Most HOME activities are subject to a Period of Affordability (POA) dependent upon the HOME funds invested and the activity performed. Fifteen percent of each HOME allocation to NYS must be reserved for qualified community housing development organizations (CHDO). HOME funds are subject to the federal regulations set forth in 24 CFR Part 92.
HTFC may, at its sole discretion, directly fund eligible HOME activities that demonstrate need and viability. Eligible partners may submit a project summary and preliminary budget to [email protected] for consideration. Requests must explain why the proposal cannot be served by current HOME activities or funding rounds being offered in addition to demonstrating HOME eligibility, need, and timing/schedule.
Questions about the HOME Program can be submitted to the HOME mailbox [email protected]
Grant Administrative Plans
Program Forms and Documents
File Checklists
Budget Workbook
Setup & Completion
IDIS Setup Completion Workbook
Disbursement Documents
HOME Disbursement Request Workbook
PAR Staff Costs of Project Delivery
Written Agreements
Homebuyer Assistance Written Agreement Addendum
Housing Rehabilitation Written Agreement Addendum
Manufactured Housing Replacement Written Agreement Addendum
TBRA Landlord Written Agreement
Home Property Standards
HOME LPA Property Standards Attestation Form
Homeownership Design Standards for Homebuyer Development Projects
HOME Security Instruments and Related Documents
HOME Security Instruments
Security Instrument Chart by Activity
Homebuyer Down Payment Assistance & Homebuyer Development Enforcement Mortgage
Homebuyer Down Payment Assistance Coop Enforcement Note and Security Agreement
Homebuyer Development Subsidy Restrictive Covenant
Housing Rehabilitation Enforcement Mortgage
Manufactured Home Replacement Enforcement Mortgage
Manufactured Home Replacement or Rehabilitation Grant Enforcement Mortgage for Coop
Manufactured Home Replacement or Rehabilitation in Park Security Agreement
Manufactured Home Replacement or Rehabilitation in Park Grant Agreement
Manufactured Home Replacement or Rehabilitation in Park Recognition Agreement
UCC Financing Statement Example
Repayment of HOME Note and Mortgage
Returned Funds Procedure and Worksheet
NYS HOME Local Program Resale-Recapture Policy
Satisfaction of HOME Note and Mortgage
HOME Satisfaction Policy & Request
Subordination of HOME Note and Mortgage
HOME Note & Mortgage Subordination Policy & Request
Assumption of HOME Note and Mortgage
General Forms
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 for assuring the accuracy of information obtained from outside sources.
Tier 2 Technical Manual
The Tier 2 Technical Manual is to be utilized as a reference guide by non-profit recipients who have received HOME LPA funding. Please reference the manual that corresponds with your SHARS ID Fiscal Year (2023, 2024, etc.). The manual does not apply to HOME recipients that are units of local government and does not apply to Homebuyer Development recipients.
Events and Webinars
HOME Program Overview & Outreach 5.27.2023: https://youtu.be/Vp0t5HV25lY
HOME & CDBG Workshop April 2024
OCR Office Hours
Join us for “OCR Office Hours” on the first Wednesday of every month at 1:00 PM. Representatives of all OCR programs will be available virtually via WebEx to offer a casual opportunity for program administrators or interested applicants to meet OCR staff, ask questions, and discuss project ideas.
When: 1st Wednesday of every month
Time: 1:00 PM
Location: Click here and join via this WebEx link (No registration required)
Click here to view recordings of past Office Hour presentations
NYS HOME Tenant-Based Rental Assistance Training: Webinar Recording, Presentation Slides
Funding Round Materials
FY2025 HOME LPA Funding Round
The FY2025 Funding Round will open on July 17, 2025. Prior to the round opening, interested applicants can review the FY2024 application material as a general reference.
Questions may be submitted to [email protected].
2025 Strengthening Your HOME Application: Support for New and Emerging Applicants
2025 NYS HOME Local Application Webinar: July 31, 2025, at 10:00 am
Click here to register
2024 OCR Federal Programs NOFA Housing
FY2025 Homebuyer Development
The 2025 Homebuyer Development Open Funding Round is now open. Applications will be accepted until October 31st, 2025 or until all available funds are committed.
2025 Homebuyer Development Term Sheet
2025 Homebuyer Development NOFA
2025 Homebuyer Development Request for Applications (RFA)
2025 Homebuyer Development Project Workbook
Homebuyer Development Project and Homebuyer Underwriting Guidelines
Application for CHDO Certification
CHDO Board Member Certification Public Official or Government Employee
CHDO Board Member Certification Low-Income Representatives
Homebuyer Development Application Presentation
Homebuyer Development 2025 Application Presentation - PDF
Recording Link: 2025 Homebuyer Development Application Webinar
Questions may be submitted to [email protected]