Rural and Urban Community Investment Fund (CIF)
The Rural and Urban Community Investment Fund (CIF), administered by NYS Homes and Community Renewal (HCR), provides capital funding to support the creation, preservation, and improvement of affordable housing and the commercial, retail, and community facilities that serve the needs of affordable housing residents. awards $2.0M.
Key Facts
- Award amount
- $2.0M
- Deadline
- Rolling / not specified
- Geography
- New York
- Categories
- Community Development
- Status
- Open
About This Grant
The Rural and Urban Community Investment Fund (CIF), administered by NYS Homes and Community Renewal (HCR), provides capital funding to support the creation, preservation, and improvement of affordable housing and the commercial, retail, and community facilities that serve the needs of affordable housing residents. The fund targets 60% of its funding to urban areas and 40% to rural areas of the State. It is available through HCR's Multifamily Finance 9% and 4% LIHTC programs, or as a...
Full requirements and application instructions: official listing.