COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI’S) CERTIFIED BY THE CDFI FUND

TYPE OF RECIPIENT:

Community Development Financial Institutions (CDFI’s) certified by the CDFI fund at the U.S. department of treasury with experience in the underwriting, origination, and servicing of construction and permanent loans, as well as experience with energy efficiency retrofits in affordable housing for low, moderate and middle-income persons/households.

DESCRIPTION:

New York State Homes and Community Renewal (HCR) announces the availability of up to $250M in funding under the Climate Friendly Homes Fund (CFHF) as part of HCR’s alignment with States goals to Decarbonize and deliver 2 million climate friendly homes by 2030. The $250 Million in funding shall be used to deliver loans to affordable housing owners based on the terms defined in the full application and can support administrative costs of the awarded agency to do so.

The CFHF NOFA was made available on May 20th, 2022. The NOFA and application materials, including application submission instructions, is available on the HCR website at https://hcr.ny.gov/funding-opportunities

APPLICATION ACCEPTED THROUGH:

There is one CFHF NOFA application deadline. Applications must be completed and submitted by 11:59 PM ET on June 30th, 2022.

FOR AN APPLICATION, CONTACT: https://hcr.ny.gov/funding-opportunities

HCR APPLICATION PRESENTATION:

HCR will provide a Power Point presentation of project application requirements, process, and additional guidance, which will be available on the HCR website at https://hcr.ny.gov/funding-opportunities.