New York Housing Trust Fund Corporation 2025

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HTF funds may be used for the production or preservation of affordable housing through the acquisition, new construction, reconstruction, and/or rehabilitation of non-luxury housing with suitable amenities. All HTF-assisted units will be required to have a minimum affordability period of 30 years.
The Highway Trust Fund is a federal accounting mechanism that provides a dedicated source of funding for certain federal surface transportation programs. Congress established the Highway Trust Fund in 1956 to support construction of the Interstate Highway System and certain other roads.
These laws are enforced by the New York State Division of Housing and Community Renewal (DHCR). DHCR is the States affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase home ownership throughout New York State.
A Local or Regional Housing Trust Fund is required to be a public, joint public and private, or charitable nonprofit organization organized under Section 501(c)(3) of the Internal Revenue Code, which was established by legislation, ordinance, resolution (including nonprofit articles of incorporation), or a public-
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.
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Purpose: The NHTF program provides funding for the acquisition, new construction, and rehabilitation of permanent rental housing for extremely low-income households in California through a competitive application process.
FEDERAL HOUSING TRUST FUND PROGRAM (FHTF): The federal Housing Trust Fund (FHTF) was created to support the new construction and preservation of residential multifamily rental projects that will include units to be occupied by households with incomes up to 30% AMI.

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