I work for a not-for-profit organization interested in developing housing in our community. Are there state funding programs that provide financial assistance for the construction or rehabilitation of this type of housing?

 Yes, the New York State Housing Finance Agency (HFA) administers the 501 (c) (3) Bond Financing Program. This program provides financial assistance to not-for-profit organizations for the preservation, rehabilitation or creation of quality, affordable, multifamily rental housing. For details, click on More Info below.

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HFA's 501(c)(3) Bond Financing Program
Links to information about HFA's 501(c)(3) Bond Financing Program
URL: http://www.nyhomes.org/home/index.asp?page=200