1,000+ Opportunities
Find the right grant
Search federal, foundation, and corporate grants with AI — or browse by agency, topic, and state.
This listing may be outdated. Verify details at the official source before applying.
Find similar grants9% Low-Income Housing Tax Credit (LIHTC) Program is sponsored by New York State Homes and Community Renewal (HCR). Offers tax credits for the development of affordable housing, including supportive housing projects for women and gender-expansive individuals.
Get a weekly digest of new grants like this
A free weekly digest of new foundation and federal funding opportunities as they're added to Granted. Unsubscribe anytime.
Or search similar grants →Extracted from the official opportunity page/RFP to help you evaluate fit faster.
9% Low-Income Housing Tax Credit Program | Homes and Community Renewal Multifamily Development Resources 9% Low-Income Housing Tax Credit Program 9% LIHTC – DHCR Administered 9% Low-Income Housing Tax Credit Program The 9% Low-Income Housing Tax Credit (LIHTC) program helps promote private sector investment in the construction and preservation of affordable rental housing for low-income households.
Instead of providing direct financing, it offers a dollar-for-dollar reduction in federal tax liability to property owners who build or renovate apartments for lower-income New Yorkers. The information and documents provided on this page are specific to the 9% LIHTC program administered by the New York State Division of Housing and Community Renewal (DHCR).
How DHCR's LIHTC Program Works Tax Credit Allocation : Project owners apply for a 9% LIHTC allocation based on the existing financing gap and the number of low-income units they will develop. Private Equity : Awardees typically convert the LIHTC allocation into up-front private equity to fund construction by selling project ownership interests and the tax credits to private investors.
The investors can then claim the LIHTC for ten years after the project is placed in service. Long-Term Affordability : In exchange for these tax credits, owners agree to keep rents for LIHTC-financed units affordable for households earning up to 60% of the Area Median Income (AMI). Projects electing the Average Income set-aside may include LIHTC-financed units affordable to households earning up to 80% AMI.
Additional Funding Sources Most affordable housing developments use the Low-Income Housing Tax Credit together with other public funding sources, such as: Federal Funding : Community Development Block Grant (CDBG), HOME, and USDA Rural Housing Service (RHS) Section 515. State Funding : Subsidies from the Housing Trust Fund Corporation (HTFC) and other State agencies. Local Funding : Subsidies from local and county governments.
Limited liability companies The Multifamily Finance 9% LIHTC Request for Proposals (RFP) is a competitive application process through which developers may request 9% LIHTC and other funding to build or preserve affordable housing. When : DHCR accepts applications once a year. Process : Applications are submitted through the Multifamily Finance 9% LIHTC Request for Proposals (RFP).
Criteria : Each RFP outlines specific eligibility and requirements. Projects are scored and awarded based on criteria described in DHCR’s Qualified Allocation Plan. Visit the 2025 Multifamily Finance 9% LIHTC RFP page to access the most recent application materials and term sheets.
Request technical assistance for RFP applicants for guidance and support to prepare 9% LIHTC funding applications. Qualified Allocation Plan The 9% Qualified Allocation Plan (QAP) explains DHCR’s LIHTC allocation process, how proposals are evaluated, and programmatic requirements.
LIHTC/SLIHC Regulatory Agreement Document Submission List This checklist outlines required submissions for 9% project awardees to obtain a draft LIHTC/SLIHC Regulatory Agreement from DHCR. IRS Form 8609/NYS DTF-625 Request Submission Checklist This checklist outlines the required submissions to request IRS Form 8609 and NYS Form DTF-625 upon project completion. When you select this file, it will save to your device's downloads folder.
9% LIHTC Cost Certification This template must be used for the final certification of project costs, as noted in the 8609 Submission Checklist. When you select this file, it will save to your device's downloads folder. LIHTC Mixed Income Project Residential Unit Chart Mixed income projects with non-LIHTC units and projects utilizing the LIHTC Average Income minimum set-aside must complete this chart.
When you select this file, it will save to your device's downloads folder. DHCR 9% LIHTC Regulatory Agreement Boilerplate – March 2026 For projects receiving 9% Low-Income Housing Tax Credits. DHCR 9% LIHTC SLIHC Regulatory Agreement Boilerplate – March 2026 For projects receiving both federal and NYS tax credits.
Low-Income Housing Credit Program Reservation Extensions Policy for extending LIHTC/SLIHC Reservations to allow more time to achieve construction financing closing. This policy outlines how additional equity may be used if the final LIHTC and/or SLIHC equity generated is more than originally underwritten.
HCR Average Income Minimum Set Aside Guidance This guidance explains DHCR’s requirements for projects electing the average income minimum set-aside for Low-Income Housing Tax Credits. Commissioner Determinations Official determinations made by the Commissioner of NYS Homes and Community Renewal for RFP awards made in exception to the standard QAP requirements. Commissioner Determinations Scroll back to the top of the page
According to the current listing, eligibility includes: Developers and nonprofit organizations in New York State. Confirm the full requirements in the official notice before applying.
9% Low-Income Housing Tax Credit (LIHTC) Program is funded by New York State Homes and Community Renewal (HCR). Verify program details on the funder's official page before applying.
This opportunity targets applicants in New York. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The 2026 NYS HOME RFA closes at 4:00 p.m. on September 17. Its 100-point rubric gives 45 points to organizational capacity, 11 in bonus points to rural applicants in underserved areas, and subtracts up to 20 points for slow spend-down on contracts you already hold. Here is how the math actually works.
Read articleFive weeks after a federal judge vacated the FY2026 Continuum of Care NOFO in its entirety, HUD published a Notice of Research Justifying Additional Incentives for Certain Activities To Reduce Homelessness. It is not a NOFO and not a proposed rule — it is the administrative record HUD needs to reissue the same policy and survive the next lawsuit. Here is what the four named activities tell you about the revised competition, why the October 13 comment deadline is now the real leverage point, and what CoC leads should be building right now.
Read articleAI4OPT got $20 million through 2031. IAIFI got roughly $24.9 million. AI2ES got a no-cost extension and a shutdown. The NSF AI Institutes solicitation shows no due dates and reads 'waiting for new publication' — which makes the year-four renewal conversation the highest-stakes meeting in the program.
Read article