AHC New Construction Request for Proposals Grant
New York State Affordable Housing Corporation (AHC)
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
The AHC New Construction Request for Proposals aims to enhance homeownership opportunities for low- and moderate-income families in New York. Through grants, the Affordable Housing Corporation supports the construction and renovation of homes, encouraging community development. Grants of up to $75,000 per unit are available for new homes, rehabilitation, and improvements, promoting affordability and stability in the housing market. Applications are accepted until funding is fully allocated.
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 (The RFP viewable below is for New Construction Projects).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 .
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.
Focus Areas & Funding Uses
Fields of Work
- Nonprofits
- Affordable housing
- Housing
- Community development
Categories
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