New York Shelter Acquisition and Predevelopment Fund (NYSAPF)
Funding Amount
Up to $15 million total fund (combination of $5 million in first-loss capital and $10 million in program-related investment capital)
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Eligible organizations
- Nonprofit homeless shelter operators
Other requirements
- New York City
Overview
Provides short-term, below-market loans to nonprofit homeless shelter operators for acquisition and predevelopment of facilities.
Geographic Scope
- New York City
Eligibility
- Nonprofit homeless shelter operators
Loan Terms
- Short-term, below-market loans
- First loan example: $3.75 million to Urban Resource Institute for 84-unit shelter facility in Harlem
Funding Structure
- First-loss capital: $5 million from the City of New York
- Program-related investment capital: $10 million from philanthropic sources
Contact
- Address: 420 Lexington Avenue, Suite 300, New York, NY 10170
- Phone: (844) 869-7842
- Email: info@seachangecap.org
What Seachange Capital Partners Inc actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 47
- Total given
- $1.35M
- Median grant
- $20K
- Range
- $6,250–$225K
- By dollars: New York 36%, Pennsylvania 33%, District of Columbia 8%. Top recipient cities: New York, NY; Philadelphia, PA; Washington, DC.
- 0% of grants with a stated purpose were for general or operating support.
- 94% of recipients were new grantees, not repeat recipients.
Example grants
Nypri · New York, NY
Facilitate merger between two orgs
$225K
Cypress Hill · Brooklyn, NY
Facilitate merger between two orgs
$80K
Ursuline University · Erie, PA
Facilitate merger between two orgs
$75K
Lackawanna College · Scranton, PA
Facilitate merger between two orgs
$50K
Peirce College · Philadelphia, PA
Facilitate merger between two orgs
$50K
Focus Areas & Funding Uses
Fields of Work
- Homeless
- Supportive housing
- Nonprofits
- Housing
Categories
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