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) and uses HOME 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.

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 and 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 of residential housing. All HOME-assisted units must meet NYS code at completion.  Most HOME-assisted activities are subject to a Period of Affordability (POA) dependent upon the HOME funds invested.  Funds may also be used for relocation costs, tenant-based rental assistance, down payment and closing costs, and some administrative and planning costs. Fifteen percent of each HOME allocation to NYS must be reserved for qualified community housing development organizations (CHDO).  HOME funds are subject to limitations set forth in the federal regulations 24 CFR Part 92. 

Forms & Documents

General Grant Administration

Project Checklists Workbook

Program Checklists Workbook

​​​​​​​First File Review Workbook

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
Homeowner Rehabilitation Enforcement Mortgage
Manufactured Home Replacement Enforcement Mortgage
Coop Enforcement Note and Security Agreement
Manufactured Home Replacement in a Park Security Agreement
Manufactured Home Replacement in a Park Promissory Note
Manufactured Home Replacement in a Park Recognition Agreement
Manufactured Home Replacement Enforcement Mortgage for 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
IDIS Setup Completion Workbook
Disbursement Forms
Disbursement Instructions & Requirements
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