NYS HOME Program

How it works

The NYS HOME Program is administered by the New York State Housing Trust Fund Corporation (HTFC) and uses federally allocated HOME Investment Partnership Program funds. The program is designed to expand the supply of decent, safe, and affordable housing in New York State.

HOME funds may be used for acquisition, rehabilitation, and construction of affordable housing, and for assistance to low-income homebuyers or renters through partnerships with counties, towns, cities, villages, private developers, and community-based nonprofit housing organizations. The page also points to related homeowner-oriented program components, including homeowner rehabilitation, homebuyer down payment assistance, manufactured home replacement, and tenant-based rental assistance.

What the money covers

For homeowner-related work, the page specifically says HOME funds can be used for:

• Homeowner rehabilitation
• Manufactured home replacement

It also says related soft costs, administrative costs, and planning costs can be paid with HOME funds. All HOME-assisted units must meet NYS code at completion.

Amounts and matching

The page does not give a maximum homeowner award amount or a fixed match requirement on the main program page. It does say all HOME projects must remain affordable for 5 to 20 years depending on the activity and amount of HOME funds invested, and that 15% of each HOME allocation to NYS must be reserved for qualified community housing development organizations (CHDOs).

How to apply

Eligible partners may submit a project summary and preliminary budget to HOMEprogram@hcr.ny.gov for consideration. Requests must explain why the proposal cannot be served by current HOME activities or funding rounds and must demonstrate HOME eligibility, need, and timing/schedule.

The page also says directly funded HOME activities may be awarded at HTFC’s sole discretion when they demonstrate need and viability.

Timing and deadlines

The page shows a 2026 NYS HOME Local Funding Round open to applications through the Community Development Online (CDOL) system, with a deadline of 4:00 PM on Thursday, September 17, 2026.

It also shows a 2026 Homebuyer Development Open Funding Round that starts May 1, 2026 and closes October 30, 2026, with rolling review until funds are exhausted or all eligible applications are committed, whichever happens first. Those dates are partner-facing program dates, not a homeowner-specific deadline.