Affordable Homeownership Opportunity Program
The Affordable Homeownership Opportunity Program (AHOP) provides funding to non-profit and for-profit developers to create affordable homeownership opportunities for first-time buyers in New York State. Offered by New York State.
Key Facts
- Funder
- New York State
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- New York
- Categories
- Community Development
- Status
- Open
About This Grant
The Affordable Homeownership Opportunity Program (AHOP) provides funding to non-profit and for-profit developers to create affordable homeownership opportunities for first-time buyers in New York State. The program aims to control construction costs, reduce ownership costs, and meet New York's climate goals. Funding is primarily provided as a construction loan, with additional down payment assistance available for qualifying households. Projects must consist of at least five units.
Full requirements and application instructions: official listing.
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