New York Homes and Community Renewal released its Multifamily Open Window RFP for capital sources primarily available to projects financed by HFA tax-exempt bonds. Please join HCR staff on May 2, 3, or 4 for a detailed explanation and question and answer period to learn more about this opportunity.
According to New York Housing Conference, HCR is offering approximately $70 million in funding. A priority will be placed on highly ready projects that are expected to close by July of 2016. There are five specific initiatives as described in the RFP. HCR expects to make available additional funding for these or other initiatives after finalization of the MOU required to spend enacted housing funds in the State budget. In addition, all Fiscal Year 2016-17 funding for the Open Window application process is being made available for other continuing HCR programs in an amount up to $117.2 million.
INFORMATION SESSIONS: HCR Multifamily Open Window RFP
- Monday, May 2 – Albany
- Tuesday May 3 – Buffalo
- Wednesday, May 4 – Syracuse
Application Materials Applicable to All Programs
- Common Short Form Application
- Private Activity Bond Issuer Information Form (for projects not also being financed with HFA bonds)
Supplemental Application Materials
Supportive Housing Opportunity Program:
Public Housing Preservation Program, Multifamily Preservation Program, House NY Mitchell-Lama Loan Program, and Mitchell-Lama Loan Program:
- PHP, MPP, HML & MLLP Supplemental Application Form (for projects in conjunction with HFA bonds)
- PHP, MPP, HML & MLLP Subsidy-Only Long Form Application Part 1 (for subsidy-only projects)
- PHP, MPP, HML & MLLP Subsidy-Only Long Form Application Part 2 (for subsidy-only projects)
Middle Income Housing Program:
Rural and Urban Community Investment Fund:
State Low Income Housing Credit Program:
