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Grants to New York Nonprofit and For-Profit Developers for Affordable Housing Projects in Eligible Regions

ELIGIBILITY:

Geographic Focus

USA: New York: Dutchess County

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Dutchess County/City of Poughkeepsie HOME Investment Partnership Program

Dutchess County


Agency: Local

GrantWatch ID #186943

Grant Description

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

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Eligibility:

  • Others (see text field entitled "Additional Eligibility Criteria" for clarification)

Additional Eligibility Criteria:

Both private for-profit and non-profit developers are eligible applicants.

Eligible applicants must be:
- Current on all municipal taxes and fees and have a record of timely payment on these items including but not limited to: property taxes, water and sewer charges, and other types of loan accounts.
- Current on mortgages for all property owned by the applicant.
- In compliance with all the rules and regulations on other developments funded by the HOME Program or other government program.

Ineligible properties include: developments assisted under Title VI of NAHA - Prepayment of Mortgages Insured under the National Housing Act; Public Housing developments; Rental Rehabilitation Program funded developments; properties with existing obligations to any federal, state or local housing programs.

Pre-Application Information:

The online application and required templates/attachments must be submitted via the DC Grant Portal by 4:00 p.m. on Friday, December 16, 2022.

Applicants are strongly encouraged to contact program staff prior to completing the application to review your project's eligibility.

The federal guidelines require that HOME funds be matched with local non-federal funding. The matching requirement is $0.25 for every $1 in HOME funds.

Additional Funding Information:

Estimated Total Program Funding:

$1,490,000

Estimated Size of Grant:

Estimated 2021 HOME Funds:
- Dutchess County: $924,886
- City of Poughkeepsie: $564,436

The minimum HOME subsidy per unit is $1,000. The maximum is:
- 0 – bedroom $159,753
- 1 – bedroom $183,132
- 2 – bedroom $222,693
- 3 – bedroom $288,093

These are the maximums established by HUD for the NY Metro area. Dutchess County rarely funds at these levels. For 2022, the average per-unit subsidy was $21,221.

Contact Information:

Apply online: https://www.grantinterface.com/Home/Logon?urlkey=dc

Direct questions to (845) 486-3669 or phesse@dutchessny.gov

Planning & Development
85 Civic Center Plaza, Suite 107
Poughkeepsie, NY 12601
plandev@dutchessny.gov
tel: 845-4863600

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