The Department of Neighborhood and Business Development (NBD) awards HOME funding to agencies and organizations to:
Organizations and for-profit and not-for-profit developers.
Subsidies for construction costs in order to sell a home to an income-qualified homebuyer at market value. NBD offers these subsidies to eligible organizations through the developer assistance program. See the HOME income guidelines here(PDF, 391KB).
Development loans and deferred loans for the construction and rehabilitation of affordable rental housing. NBD may use funds to help both for-profit and not-for-profit developers. See HOME rent limits here(PDF, 344KB).
Note that these grants are for organizations and agencies. Residents don’t apply for them directly. If you or your family need support, you can:
Fill out the NBD project assistance application here(PDF, 217KB) and submit it to NBD along with any required documents.
NBD will review the application and determine:
There’s no specific deadline — instead, there’s a rolling application process throughout the year.
Contact Dian Sherwood at 315-448-8106 or DSherwood@syrgov.net.
Become a CHDO
Learn about the benefits of being a Certified-Housing Development Organization (CHDO). Click here for more information.