AHC Acquisition & Rehabilitation RFP Grant

AHC Acquisition & Rehabilitation RFP Grant

Status: ACTIVE
Funder: New York State Affordable Housing Corporation (AHC)
Last Updated: March 22, 2026

Summary

The AHC Acquisition & Rehabilitation RFP aims to enhance homeownership opportunities for low- and moderate-income families in New York. By providing grants up to $75,000 for various project types, including new constructions and home renovations, the program fosters community development and stability. Eligible applicants include municipalities and not-for-profit organizations dedicated to affordable housing. This initiative is essential for ensuring sustainable living conditions and promoting homeownership alternatives in the local market.

Overview

NOTE:  Applications will continue to be accepted until such time that all the AHC funds have been fully appropriated. The New York State Affordable Housing Corporation (AHC) creates homeownership opportunities for low- and moderate-income families by providing grants to governmental, not-for-profit and charitable organizations to help subsidize the cost of newly constructed houses and the renovation of existing housing. AHC 's Affordable Home Ownership Development Program (AHOD Program) provides grants to governmental, not-for-profit and charitable groups to: Promote home ownership among families of low and moderate income for whom there are few affordable home ownership alternatives in the private market.Stimulate the development, stabilization and preservation of New York communities. The AHOD Program provides funds for three project types: New construction of owner-occupied homes for sale, including one- to four-family homes, condominiums, cooperatives, and the replacement of dilapidated mobile homes with manufactured or stick-built homes on homeowner-owned land.Acquisition/rehabilitation of owner-occupied homes for sale, including one- to four-family homes, condominiums, and cooperatives (The RFP viewable below is for Acquisition/Rehabilitation Projects).Home improvements to existing, owner-occupied one- to four-family homes, condominiums, or cooperatives. Maximum Grant Amount Grants are available for up to $75,000 per unit with the implementation of a tiered award structure dictating the limits on per unit award amount based on the depth and/or length of affordability of the households served.

Eligibility

We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website. Grants are made to government and non-government sponsors (Grantees) that develop affordable housing or assist homeowners in funding necessary repairs. These Grantees are responsible, in turn, for ensuring that the homebuyers or homeowners are income qualified and otherwise eligible recipients of funds under the Program. Eligible applicants include the following: Municipalities, including municipal housing authorities and housing development fund companies, and Not-for-profit corporations and charitable organizations that have affordable housing or home improvement as one of their primary purposes.

Ineligibility

Grants are not made directly to individual homebuyers or homeowners. Residents interested in these home ownership opportunities or home repair services should see the Current AHC Grantee List section on the page to find a resource in your area.