AHC Home Improvement Request for Proposals Grant

The AHC Home Improvement Request for Proposals aims to enhance homeownership opportunities for low and moderate-income families in New York. Through grants of up to $75,000, the program supports governmental and non-profit organizations in promoting affordable housing, community stabilization, and home renovations. Eligible applicants include municipalities and charitable organizations dedicated to affordable housing. This initiative addresses the critical need for affordable homeownership alternatives and encourages the development of viable housing solutions.

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.Home improvements to existing, owner-occupied one- to four-family homes, condominiums, or cooperatives (The RFP viewable below is for Home Improvement Projects).
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.
Grants are given to projects servicing individuals or families who generally earn between 100% and 166% of the HUD Low Income Limits.

Eligibility

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, andNot-for-profit corporations and charitable organizations that have affordable housing or home improvement as one of their primary purposes.