New York Buffalo Civic Plus #1198

Buffalo HOME Program Loans for Affordable Housing Development

The City of Buffalo is seeking proposals for HOME-funded affordable housing projects within the city. - Government buyer: City of Buffalo, through the Buffalo Urban Renewal Agency (BURA), within the Mayor’s Office of Strategic Planning. - Funding opportunity: HOME Investment Partnerships Program loans for eligible incorporated for-profit and nonprofit applicants. Funds are restricted to construction costs, and proposals must describe loan terms, repayment conditions, and repayment schedules. - Eligible projects: Single-family new construction or infill; acquisition and rehabilitation for first-time homeownership; multifamily rental new construction or substantial rehabilitation; and conversion or adaptive reuse of nonresidential space. Rehabilitation of existing rental units is ineligible when renovation costs are below 60% of the proposed development budget, including acquisition and soft costs. - Notable requirements: Applicants must demonstrate relevant financial and programmatic capacity and comply with applicable HOME rules. BURA encourages at least 30% of total project dollars to flow directly or indirectly to minority- and women-owned business enterprises (M/WBEs). Eligible Community Housing Development Organizations (CHDOs) may qualify for up to $50,000 in operating support, depending on project size and scope, and may apply on a rolling basis. - Schedule: This is a funding solicitation, not a contract with a stated service period. Proposals are due during the stated submission window; selected projects must enter into contract with BURA by the program’s specified contracting deadline. - OEMs and vendors: No commercial OEMs, manufacturers, or vendors are named; this opportunity solicits affordable housing project proposals.

Description

The City of Buffalo, through the Buffalo Urban Renewal Agency (BURA), seeks proposals for affordable housing projects in the City of Buffalo under the federal HOME Investment Partnerships Program. Eligible project types include new construction, infill construction, acquisition and rehabilitation for first-time homeownership, adaptive reuse, and renovation or rehabilitation of rental housing, subject to the RFP’s stated eligibility conditions. HOME funds are loans and must be used for construction only; proposals must address repayment terms and schedules. The submission deadline is November 13, 2026, at 4:00 p.m., with CHDO applicants permitted to submit on a rolling basis.

View original listing