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New York State Housing Finance Agency (HFA) offers financing to for-profit and not-for-profit developers to build affordable housing and preserve existing affordable housing, including Mitchell Lama developments.

Mission
HFA's mission is to create and preserve high quality affordable multifamily rental housing that serves communities across the State of New York. 

Contact:

Philip Lentz 
Phone: 212-872-0679
Fax: 212 872-0789

New York State’s Housing Finance Agencies Again Rank as the Country’s Largest Provider of...

New York, NY - February 2, 2010 - (RealEstateRama) -- New York State's housing finance agencies, for the third year in a row, led the country in financing multifamily and single-family affordable housing in 2009.

Governor Paterson Announces $59 Million to Assist Communities Affected by Foreclosure and Subprime Crises

New York, NY - April 14, 2009 - (RealEstateRama) — Governor David A. Paterson today announced the award of $59 million in Neighborhood Stabilization Program (NSP) grants to assist communities affected by the foreclosure and subprime mortgage crises.

NYS Affordable Housing Corporation Approves $600,000 Grant to Build 15 Affordable Homes in Syracuse

NEW YORK, NY - April 2, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $600,000 grant to Home HeadQuarters, Inc. to finance the construction of 15 affordable single-family homes in the City of Syracuse.

NYS Affordable Housing Corporation Approves $300,000 Grant to Acquire and Rehab 24 Homes in...

NEW YORK, NY - April 2, 2009- (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to the Oswego Housing Development Council, Inc. for the acquisition and rehabilitation of 24 homes in Oswego County.

NYS Affordable Housing Corporation Approves $1 Million in Grants to Create 43 Affordable Housing...

NEW YORK, NY - Thursday, April 2, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $1.075 million in grants to the Housing Partnership Development Corporation to create 43 new housing units in New York City.

NYS Affordable Housing Corporation Approves $1.975 Million in Grants to Create and Renovate 82...

NEW YORK, NY - April 2, 2009 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $1.975 million in grants to create and renovate 82 affordable housing units in New York State.

NYS Housing Finance Agency Approves $21.5 Million Refinancing for 160 Affordable Units in Brooklyn...

NEW YORK, NY - March 4, 2009 - (RealEstateRama) — The board of the New York State Housing Finance Agency (HFA) today approved $21.5 million in financing to renovate two low-income rental housing projects in Brooklyn with 160 units reserved for senior citizens and the disabled

NYS Housing Finance Agency Issues 2009 Criteria for “80/20” Multifamily Tax-Exempt Bond Financing in...

NEW YORK, NY - February 18, 2009 - (RealEstateRama) — The New York State Housing Finance Agency (HFA) today issued its revised 2009 allocation criteria for developers seeking private activity tax-exempt bond financing for so-called 80/20 multifamily rental projects in New York City.

NYS Affordable Housing Corporation Approves $459,000 Grant to Build 12 Affordable Single-Family Homes in...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC)today approved a $459,000 grant to the Community Development Agency of the City of Gloversville for the construction of twelve single-family modular units.

NYS Affordable Housing Corporation Approves $700,000 Grant to Build 20 Affordable Homes in the...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $700,000 grant to North Country Affordable Housing, Inc. for the construction of 20 single-family homes in Jefferson, Lewis, Oneida and St. Lawrence counties.

NYS Affordable Housing Corporation Approves $300,000 Grant to Improve 50 Homes in Onondaga County

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to the Onondaga County Community Development Division to finance improvements for 50 single-family homes in the county.

NYS Affordable Housing Corporation approves $1.4 Million Grant to Finance 35 Affordable Condominiums in...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.4 million grant to the Village of Port Chester to finance the construction of 35 single-family condominium units.

NYS Affordable Housing Corporation Approves $800,000 To Rehab 78 Rochester Homes

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved two grants totaling $800,000 to finance improvements to 78 single-family homes in the City of Rochester.

NYS Housing Finance Agency Approves $35.25 Million in Financing for 106 Affordable Housing Units...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Housing Financing Agency (HFA) today approved $35.25 million in financing to build 106 affordable housing units--including 55 units for households with special needs--in the Morris Heights section of the Bronx.

New York State Approves $38.9 Million in Financing to Preserve and Create 301 Affordable...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – New York State today approved $38.9 million in financing to preserve and create 301 units of affordable housing throughout the state. The approvals were made by the NYS Housing Finance Agency (HFA) and the NYS Affordable Housing Corporation (AHC)

Governor Paterson Announces Federal Approval of State Plan to Distribute $54.5 Million in Funding...

Grants Will Help Buy, Renovate and Resell Foreclosed and Abandoned Properties throughout State New York, NY - January 23, 2009 - (RealEstateRama) – Governor David A. Paterson announced that the U.S. Department of Housing and Urban Development

NYS Housing Finance Agency Issues RFP for Sale of Howard Park Unit in Queens...

NEW YORK - January 12, 2009 - (RealEstateRama) – The New York State Housing Finance Agency (HFA) today issued a Request for Proposals for developers interested in purchasing the site of the Howard Park Unit in the Howard Beach section of Queens for the development of 100 affordable housing units for low-income senior citizens

New York State Senate Confirms Bill Myers to the Board of the State of...

NEW YORK, NY - December 22, 2008 - (RealEstateRama) – Bill Myers, founder of the Alternatives Federal Credit Union, has been confirmed by the New York State...

NYS Housing Finance Agency Issues “Request for Proposals” for $64.5 Million in Grants to...

NEW YORK - December 17, 2008 - (RealEstateRama) – The New York State Housing Finance Agency (HFA) today issued a Request for Proposals to...

SONYMA Receives $1.482 Million Federal Grant To Provide Foreclosure Prevention Counseling

NEW YORK, NY - December 10, 2008 - (RealEstateRama) – The State of New York Mortgage Agency (SONYMA) has received an additional Federal grant...

New York State Approves $64.2 million in Financing to Preserve and Create 426 Affordable...

NEW YORK, NY - December 3, 2008 - (RealEstateRama) – New York State today approved $64.2 million in financing to preserve and create 426 affordable...

NYS Affordable Housing Corporation Approves $2 Million in Grants to Create 51 Affordable Housing...

NEW YORK, NY - December 3, 2008 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved $2...

NYS Affordable Housing Corporation Approves $336,000 Grant to Renovate 30 Homes in Buffalo

NEW YORK, NY - December 3, 2008 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $336,000...

NYS Affordable Housing Corporation Approves $77,500 Grant to Renovate 13 Affordable Homes in Erie...

NEW YORK - November 5, 2008 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $77,500 grant to...

NYS Affordable Housing Corporation Approves $375,000 Grant to Renovate 15 Affordable Homes in Cortland...

NEW YORK - November 5, 2008 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $375,000 grant to...