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Homes and Community Renewal

Housing Trust Fund Corp. (HTFC)

The Housing Trust Fund Corporation ("HTFC" or "the Corporation") was established by Chapter 67 of the Laws of 1985, specifically under Section 45-a of the Private Housing Finance Law (PHFL), as a subsidiary public benefit corporation of the New York State Housing Finance Agency (HFA). The Law conferred a number of privileges, tax exemptions and powers to HTFC including the authority to contract with the Division of Housing and Community Renewal (DHCR) to administer the Corporation's activities. HTFC was also authorized, among other things, to create its own by-laws for the management of its affairs, make and execute its own contracts, engage the services of consultants for professional and technical assistance services, and determine policies for the investment of its funds.

The Law also established the membership of the Corporation's three-person governing body as the Commissioner of New York State Division of Housing and Community Renewal, who is designated as the HTFC Chairperson, the Chairperson of HFA, and a third Member appointed by the HTFC Chairperson.

HTFC’s mission and some of the many programs it administers which work toward its mission are below.

Program Information:

State-funded Programs:

Federally-funded Programs:

Last Updated: 07/07/15