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Find similar grantsNew York State Housing Acceleration Fund is sponsored by New York State Homes and Community Renewal (HCR). Aims to expedite construction of shovel-ready mixed-income residential projects across New York State.
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New York State Housing Acceleration Fund | Homes and Community Renewal New York State Housing Acceleration Fund New York State Housing Acceleration Fund In October 2025, New York State Homes and Community Renewal announced the launch of the Housing Acceleration Fund, a $215 million, first-of-its kind program to speed up construction of shovel-ready mixed-income residential projects across New York State.
The Housing Acceleration Fund is part of the State’s all-of-the-above approach to increasing housing supply to address acute housing needs and accommodate job growth statewide. New York’s Housing Acceleration Fund will help address this vital need and spur the development of new housing statewide.
The fund is catalyzed by the Governor’s $100 million investment secured in the FY26 Enacted Budget and matched with $115 million from awarded participating lenders. Half of the State’s $100 million investment is appropriated for projects within New York City and half is allocated to projects throughout the rest of the state.
Awardees will provide $115 million in additional capital, bringing the total amount of funding for projects within New York City to $100 million and the amount for projects throughout the rest of the state to $115 million. The Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes statewide. The awardees are: Community Preservation Corporation: $45.
5 million Merchants Bank: $42 million Enterprise Community Partners: $7. 5 million Local Initiatives Support Corporation: $5 million Housing Acceleration Fund Final Term Sheet Notice of Funding Availability Housing Acceleration Fund - Notice of Funding Availability Housing Acceleration Fund Pre-Submission Conference Presentation Housing Acceleration Fund NOFA - Q+A Scroll back to the top of the page
Based on current listing details, eligibility includes: Developers and municipalities in New York State. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $215,000,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
NYS Community Development Block Grant (CDBG) Program is sponsored by New York State Homes and Community Renewal (HCR). A federally funded program administered by New York State that provides community and economic development grants to eligible cities, towns, villages, and counties for projects that improve communities and benefit low- and moderate-income residents.
NYS HOME American Rescue Plan Program (NYS HOME-ARP) is sponsored by New York State Homes and Community Renewal (HCR) - NYS Housing Trust Fund Corporation. This initiative aims to create high-quality affordable housing for vulnerable populations, including the homeless and those at risk of homelessness. Funding can be used for new construction, rehabilitation, or adaptive reuse projects.
The Fund for Women & Girls Grant Program is sponsored by The Foundation for Enhancing Communities (TFEC). The Fund for Women & Girls, an initiative of TFEC, makes grants to local nonprofit organizations in specific South Central PA counties. The grants support projects that advance the lives of women and girls by providing opportunities to address basic needs, develop economic self-sufficiency, and strengthen health and safety needs.
VGF grants will be used to develop and/or support community-based entities to recruit, manage, and support volunteers. CNCS seeks to fund effective approaches that expand volunteering, strengthen the capacity of volunteer connector organizations to recruit and retain skill-based volunteers, and develop strategies to use volunteers effectively to solve problems. Specifically, the VGF grants will support efforts that expand the capacity of volunteer connector organizations to recruit, manage, support and retain individuals to serve in high quality volunteer assignments.Applicants that receive funding under this Notice may directly carry out the activities supported under the award, or may carry out the activities by making sub-grants to community-based entities, supporting volunteer generation at these entities.). Funding Opportunity Number: AC-05-25-21. Assistance Listing: 94.021. Funding Instrument: G. Category: O. Award Amount: $6.1M total program funding.