Grants to New York private nonprofit and for-profit developers for the development of affordable housing in eligible regions. Funding is intended for structure conversion and rehabilitation, property acquisition, site improvement and demolition, and relocation expenses. The housing priorities are rental housing, owner-occupied housing, and homelessness (transitional and permanent housing). Projects must be located in Dutchess County.
The following specific activities are eligible:
- Rehabilitation
- Conversion: Conversion of any existing structure from an alternative use to affordable housing. If development involves new walls beyond the existing structure, the development is new construction.
- New Construction: Newly built developments; existing developments which involve the addition of new units outside the existing walls of the structure; and units which received their initial certificate of occupancy within the one year prior to the commitment of HOME funds.
- Relocation Costs: Any occupied property must include tenant relocation costs as applicable.
- Acquisition of property and/or vacant land: The Program will only consider these costs for non-profit agencies. HOME funds can only be used for acquisition when HOME or other funds have been committed for the full development cost.
- Site Improvements: Must be "in keeping with improvements to surrounding standard developments."
- Demolition: The Program will only consider demolition costs for non-profit agencies. HOME funds can only be used for demolition when HOME or other funds have been committed for full reconstruction cost.
- Development "Soft" Costs: These must be reasonable and necessary, paid for by the applicant, and rendered by a third party. The Program prefers to use HOME funds for the actual construction costs. The Program reserves the right to revise proposed budgets to reach this goal. This goal is more flexible for non-profit organizations.
For a list of eligible "soft" costs, see: https://www.dutchessny.gov/Departments/Planning/Docs/2023_HOME_Policies_and_Procedures.pdf#page=3
Rental housing located in any Dutchess County municipality is eligible but priority will be given to:
- Housing in communities with limited affordable opportunities, or in the case of the City of Poughkeepsie in neighborhoods with limited affordable opportunities, to increase housing choice opportunities for all residents.
- Housing which is located in established or emerging town/village centers; and/or is located along transit routes, and near employment and services
The following are eligible property types:
- One or more buildings on a single site that are under common ownership, management, and financing.
- Buildings scattered on more than one site as long as the sites are under common ownership, management and financing, and received HOME assistance as part of a single undertaking
