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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

NYS Affordable Housing Corporation Approves $610,000 in Grants to Upgrade 95 Homes in Western...

NEW YORK, NY - July 23, 2008 - (RealEstateRama) — The board of the New York State Affordable Housing Corporation (AHC) today approved $610,000...

NYS Affordable Housing Corporation Approves $105,000 Grant to Rehab Vacant Homes in Jamestown

NEW YORK, NY (RealEstateRama) July 23, 2008 - The board of the New York State Affordable Housing Corporation (AHC) today approved a $105,000 grant...

NYS Affordable Housing Corporation Approves $240,000 Grant to Build Six Affordable Homes in Hamlet...

NEW YORK, NY (RealEstateRama) July 23, 2008 - The board of the New York State Affordable Housing Corporation (AHC) today approved a $240,000 grant...

NYS Affordable Housing Corporation Approves $600,000 Grant to Renovate 112 Homes in Western New...

NEW YORK, NY (RealEstateRama) July 23, 2008—The board of the New York State Affordable Housing Corporation (AHC) today approved a $600,000 grant to the...

New York State Approves $12 Million in Financing to Renovate 186 Affordable Housing Units...

NEW YORK, NY (RealEstateRama) July 23, 2008 - The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable...

New York State Approves $317 Million in Financing to Build and Preserve 278 Affordable...

NEW YORK, NY (RealEstateRama) July 23, 2008 - More than $317 million in financing was approved today to build and preserve 278 units of affordable...

NYS Housing Finance Agency Approves $25.5 Million in Financings to Rehab 459 Mitchell Lama...

NEW YORK, NY (RealEstateRama) July 23, 2008 - The board of the New York State Housing Finance Agency (HFA) today approved $25.5 million in...

Governor Paterson Announces $357 Million To Build and Renovate Affordable Housing Units Across New...

Many Units Will Meet LEED Specifications and Include Energy Efficient Appliances New York, NY (RealEstateRama) July 25, 2008 - Governor David A. Paterson today announced...

NYS Housing Finance Agency Approves $719 Million in Financing to Create and Preserve 1,802...

NEW YORK - June 12, 2008 - The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable...

NYS Housing Finance Agency Approves $9.3M in Financing to Build 88-Unit Affordable Housing Project...

NEW YORK—Thursday, June 12, 2008—The board of the New York State Housing Finance Agency (HFA) has approved $9.3 million in financing for the construction...

NYS Affordable Housing Corporation Approves $700,000 to Acquire and Rehabilitate 30 Affordable Homes in...

NEW YORK - June 12, 2008 - The board of the New York State Affordable Housing Corporation (AHC) has approved $700,000 in grants to acquire...

NYS Affordable Housing Corporation Approves $1.125 Million in Grants to Upgrade 130 Homes in...

NEW YORK - June 12, 2008 - The board of the New York State Affordable Housing Corporation (AHC) has approved $1.125 million in grants...

Governor Paterson Awards First “Block-by-Block” Grants

Governor David A. Paterson today announced that New York State has awarded the first grants in the innovative “Block-by-Block” program, which was created to...

Governor Paterson Announces $742 Million in Statewide Affordable Housing Grants and Financing

Governor David A. Paterson today announced $742 million in grants and financing to build and renovate 2,379 affordable housing units throughout New York State....

SONYMA Creates “Community Housing Trust Initiative” to Help Land Trusts Maintain Affordable HomesMay

NEW YORK—Wednesday, June 4, 2008—The State of New York Mortgage Agency (SONYMA) today announced the creation of its “Community Housing Trust Initiative.”  This innovative...

SONYMA Increases Maximum Purchase Price for Low Cost Mortgages in New York City and...

NEW YORK - May 20, 2008 - The State of New York Mortgage Agency (SONYMA) today announced it is increasing the maximum purchase price...

SONYMA Increases Maximum Purchase Price for Low Cost Mortgages in New York City and...

NEW YORK - May 20, 2008 - The State of New York Mortgage Agency (SONYMA) today announced it is increasing the maximum purchase price...

NYS Affordable Housing Corporation Approves $225,000 Grant To Renovate 23 Homes in Buffalo

NEW YORK—Wednesday, May 7, 2008—The board of the New York State Affordable Housing Corporation (AHC) today approved a $225,000 grant to Fillmore-Leroy Area Residents,...

NYS Affordable Housing Corporation Approves $300,000 Grant to Western New York to Renovate 40...

NEW YORK—Wednesday, May 7, 2008—The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to NeighborWorks® Home Resources...

Nearly $25 Million Approved to Build and Preserve Affordable Housing in New York City

NEW YORK—Wednesday, May 7, 2008—Nearly $25 million in financing and grants was approved today to build and preserve 333 units of affordable housing in...

“Neighborhood Stabilization Initiative”

NEW YORK-Wednesday, May 7, 2008-The board of the New York State Affordable Housing Corporation (AHC) today approved a $2 million grant for the Housing...

Governor Paterson Announces $25.5 Million To Build And Renovate 396 Affordable Housing Units

May 7, 2008 - Governor David A. Paterson today announced $25.5 million in grants and financing to build and renovate 396 units of affordable...

Governor Paterson Announces Historic Increase in Housing Funds

April 10, 2008 - Governor David A. Paterson and Legislative leaders today announced a historic increase in funding for New York’s housing programs. The...

NYS Affordable Housing Corporation Approves $967,500 Grant to Build 30 Homes in Brooklyn

NEW YORK - April 2, 2008 - The New York State Affordable Housing Corporation (AHC) board today approved a $967,500 grant to help finance...

NYS Affordable Housing Corporation Approves $180,000 to Renovate 30 Homes in Yates County

NEW YORK—Wednesday, April 2, 2008—The New York State Affordable Housing Corporation (AHC) board today approved a $180,000 grant to the Keuka Housing Council Inc....