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 Fair Housing Equal Opportunity Policy HOME Local
Lead Based Paint Calculation Worksheet for Federal Rehab Assistance
HOME & CDBG Anti-displacement Relocation Plan
HOME Rehabilitation Standards
Lead Based Paint Webinar October 2019
Tips for Partnering with Weatherization
HTFC Direct Deposit Form
Authorized Signature Form
Form 9-1 Federal Assistance Expenditure (FAE)
Form 9-1 FAE Instructions
Minority and/or Women Business Enterprises (MWBE) Policy & Certification 
Budget Documents
TBRA Budget Worksheet
Homebuyer Budget Worksheet
Homeowner Housing Rehab Budget Worksheet

Manufactured Housing Replacement Budget Worksheet

HOME Budget Policy
HOME Security Instruments
Affidavit Exemption
Directory of Security Instruments to File by Activity
Homebuyer Down Payment Assistance & Homebuyer Development Enforcement Mortgage
Homebuyer Development Subsidy Restrictive Covenant
Owner Occupied Rehab Enforcement Mortgage
Manufactured Home Replacement Enforcement Mortgage
Coop Enforcement Note and Security Agreement
UCC1 Completed for Coop Purchase
UCC1 Addendum
Manufactured Home Replacement in a Park Security Agreement
Manufactured Home Replacement in a Park Promissory Note
Manufactured Home Replacement in a Park Recognition Agreement
UCC1 Completed for Manufactured Home Replacement in a Park
MV900 for all Manufactured Home Replacements
UCC1 Completed for Manufactured Home Replacement Owner Occupant of Land
Manufactured Home Replacement Enforcement Mortgage for Coop
UCC1 Completed for Manufactured Home Replacement in a Coop
Repayment/Recapture of HOME Funds
HTFC Repayment Cover Sheet
Returned Funds Worksheet with Deductions
NYS HOME Local Program Resale-Recapture Policy
Assumption of HOME Note and Mortgage

HOME Note and Mortgage Assumption Policy & Request

Subordination of HOME Note and Mortgage
LPA Subordination Worksheet
Satisfaction of HOME Note and Mortgage
HOME Note & Mortgage Satisfaction Policy & Request
Administrative Plans
NYS HOME Local Admin Plan Homebuyer Down Payment Assistance
NYS HOME Local Admin Plan Homebuyer Development Projects
NYS HOME Local Admin Plan Owner Occupied Rehabilitation
NYS HOME Local Admin Plan Manufactured Housing Replacement
NYS HOME Local Admin Plan Tenant Based Rental Assistance
Set Up and Completion Forms
Down Payment Assistance and Homebuyer Development Form
Housing Rehab and Manufactured Replacement Form
Tenant Based Rental Assistance Form
Rental Form
Disbursement Forms
TBRA Detail Sheet
HOME Disbursement Request Workbook
Written Agreements
Owner Occupied Rehabilitation Written Agreement Addendum

Manufactured Housing Replacement Written Agreement Addendum

Homebuyer Assistance Written Agreement Addendum

TBRA Landlord Agreement
TBRA Tenant Agreement
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

Awards