Rural Rental Assistance Program
The Rural Rental Assistance Program (RRAP) provides direct rent subsidies from New York State to project owners of multifamily housing projects financed under the USDA Rural Housing Services (RHS) 515 Program in rural areas of 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 Rural Rental Assistance Program (RRAP) provides direct rent subsidies from New York State to project owners of multifamily housing projects financed under the USDA Rural Housing Services (RHS) 515 Program in rural areas of New York State. The subsidy covers the difference between 30 percent of the tenant's monthly income and the tenant's monthly housing expenses, ensuring affordable housing for low-income elderly and family tenants. The current contract term is 5 years, provided in annual...
Full requirements and application instructions: official listing.
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