NYS HCR's asset
NYS HCR

@nyshcr.org

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NYS HCR, or New York State Homes and Community Renewal, is the State's leading agency for affordable housing. Their mission is to build, preserve, and protect affordable housing throughout New York State while increasing homeownership opportunities. NYS HCR works closely with private, public, and nonprofit partners to create safe and healthy housing options for all New Yorkers.


They are responsible for implementing a comprehensive $25 billion, five-year housing plan initiated by Governor Hochul. This plan aims to create or preserve 100,000 affordable homes across the state, with 10,000 dedicated to supporting vulnerable populations. In addition to their focus on affordable rental housing, NYS HCR also offers financing programs and support for first-time and low-income homebuyers through their State of New York Mortgage Agency (SONYMA).


They also invest in community revitalization initiatives, grant programs, and infrastructural improvements. Furthermore, NYS HCR enforces rent regulations in New York City and adjacent counties to protect tenant rights and ensure fair housing practices. Overall, NYS HCR is committed to providing affordable housing solutions and promoting vibrant communities throughout the State of New York

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