Best Affordable Housing Grants for Nonprofits in New York

The Area Development Grant Program, managed by the Appalachian Regional Commission (ARC), supports economic growth in Appalachia through investments in critical infrastructure and workforce development. Targeting 423 counties across 13 states, the program encourages local communities to collaborate with state governments to identify and implement impactful projects. Key focus areas include enhancing utilities, promoting entrepreneurship, and strengthening local leadership. This initiative aims to uplift the 26 million residents of Appalachia, fostering sustainable economic opportunities.

The Costco Wholesale Charitable Contributions program prioritizes support for children, education, and health services within local communities. Nonprofit organizations seeking assistance must be 501(c)(3) certified and focus on monetary requests. Applications are reviewed within 4-6 weeks, factoring in community needs and collaboration. However, Costco limits grants to 10% of the program budget and typically restricts organizations to one request per fiscal year. They do not fund individuals or direct aid for various specific purposes.

The Healthy Lives Grant Program by The New York Community Trust aims to enhance health services for older adults and individuals with disabilities in New York City. It focuses on creating an equitable healthcare system by supporting projects that improve access to care, reduce health disparities, and empower individuals through skill development. The program prioritizes innovative solutions that foster independence and community engagement, ensuring that vulnerable populations receive comprehensive support tailored to their needs.

The Human Services New York City program aims to alleviate poverty and reduce racial disparities through effective services and public benefits. Focused on early intervention, it supports vulnerable children and families, enhances housing stability, and increases access to essential resources. The initiative encourages collaboration among agencies to implement systemic solutions and improve the lives of low-income New Yorkers, ultimately fostering stability and independence.

The Labcorp Charitable Foundation, a private 501(c)(3) entity, aims to enhance healthcare access and education for all. With grant opportunities focusing on food programs, healthcare services for underserved populations, and STEM initiatives, it seeks to support community health and well-being. Organizations eligible for funding must be U.S.-based and hold tax-exempt status. Requests are reviewed biannually, in March and September, to foster impactful community projects.

The Open Competitive Grants Program by The New York Community Trust aims to enhance civic engagement in New York City. It supports initiatives that promote voting, accountability in government, and civic literacy, particularly among children and immigrants. Eligible applicants include public charities that drive policy change and improve community services. The program explicitly excludes individual grants and funding for general operational costs or religious purposes. This initiative is essential for fostering an informed and participatory citizenry.

Roche Corporate Donations and Philanthropy (CDP) focuses on impactful projects that foster sustainable development, engage employees, and leverage Roche's expertise. Their philanthropic efforts prioritize humanitarian, educational, environmental, and cultural initiatives, aiming to build stronger communities and support innovative projects. Eligibility is limited to local organizations, while ineligible projects include those with political or religious ties. The foundation strives to create a positive societal impact through collaboration and strategic partnerships.

The Semnani Family Foundation, established in 1993, is dedicated to supporting marginalized communities worldwide through health, education, and disaster relief initiatives. Founded by Khosrow and Ghazaleh Semnani, it began by funding an orphanage in Romania. The foundation also operates locally, providing free healthcare through the Maliheh Free Clinic in Utah. Its commitment to human welfare drives impactful partnerships in countries such as Afghanistan, India, and South Africa, focusing on the most vulnerable populations.

The Social Impact Fund - Nationwide Grant supports innovative solutions addressing health care access, food security, and economic empowerment. Funded by the American Heart Association, this grant prioritizes community-led projects from organizations with under $10M in revenue. Eligible entities include both for-profit and nonprofit organizations based in the U.S. and Puerto Rico. Grants can provide up to $250,000 to initiatives that demonstrate measurable impact, fostering sustainable change in health and wellness.

The Thriving Communities Grants program by The New York Community Trust focuses on community development initiatives. It supports non-profits that enhance affordable housing, promote job creation, and strengthen civic engagement in low-income neighborhoods. With ongoing proposals accepted, this grant aims to empower organizations dedicated to building equitable communities through innovative strategies and effective practices that foster economic opportunities and protect the environment.

Trinity Grants: Neighborhood Support: Downtown Fund aims to enhance the emotional well-being of Lower Manhattan's communities. Launched in 2023, this program focuses on holistic support for families facing systemic challenges such as poverty and violence. By funding initiatives that promote education, health, and economic empowerment, the Downtown Fund seeks to alleviate toxic stress and foster resilience among children and families. Grants range from $500 to $10,000, supporting community-driven solutions.

The Urban Affairs Grants program by the Charles H. Revson Foundation aims to enhance New York City's livability through innovative projects. Collaborating with civic and cultural institutions, it addresses diverse community needs, focusing on public libraries, affordable housing, and local journalism. The foundation supports registered nonprofits in the U.S. and seeks proposals that foster engaged urban citizenship. For further details, please refer to the FAQs for grant seekers on their website.

The WHDC Community Benefits Grant Awards aim to enhance the quality of life in West Harlem by funding projects that meet essential community needs. Prioritizing areas such as affordable housing, education, and economic development, the grant supports nonprofits serving Manhattan Community District 9. Eligible applicants must demonstrate measurable goals and a commitment to the community, ensuring that funded projects directly benefit local residents while adhering to specific funding guidelines.

The New York State HOME American Rescue Plan Program (NYS HOME-ARP) provides approximately $53.83 million for rental housing and non-congregate shelters. Managed by the NYS Housing Trust Fund Corporation, this initiative aims to create high-quality affordable housing for vulnerable populations, including the homeless and those at risk of homelessness. Eligible applicants can seek funding for new construction, rehabilitation, or adaptive reuse projects, promoting sustainable community development across New York State.

The Impact Fund provides recoverable grants to legal services nonprofits and small law firms working on social, environmental, and economic justice issues. With over $10 million awarded since 1992, the fund supports impactful litigation addressing systemic injustices. Grants range from $10,000 to $50,000 and prioritize cases directly involving affected communities. Recipients must repay the grant amount with interest if they recover fees or costs, ensuring sustainability for future funding.

The Goldman Sachs Community Development Grants Program aims to strengthen low- and moderate-income communities through funding for nonprofits. This initiative includes multi-year unrestricted grants and one-time grants for homeownership initiatives. Eligible organizations must focus on community development, particularly in New York City and parts of New Jersey and Utah. The program emphasizes affordable housing, small business development, and neighborhood revitalization, aligning with the urgent community needs identified through extensive partner consultations.

The Korean American Community Foundation (KACF) offers a community grant to support programs enhancing the economic security of low-income Korean Americans. This multi-year grant provides up to $100,000 annually for organizations focused on education, employment, and financial stability. KACF prioritizes partnerships that address the unique challenges faced by Korean Americans, fostering a culture of giving and community engagement to empower individuals and transform lives.

The Korean American Community Foundation (KACF) offers Community Grants to support organizations in New York and New Jersey addressing economic security for low-income Korean and Asian Americans. Grants of up to $100,000 are available for projects focused on education, workforce development, and community advocacy. Organizations must be registered 501(c)(3) nonprofits with a minimum operational history of six months. KACF prioritizes comprehensive support and measurable outcomes in its funding decisions.

The Venable Foundation, a corporate funder, provides grants averaging $10,000 to nonprofits focused on human services, legal support, education, workforce development, youth impact, health, environment, and arts. Funding is targeted at organizations in specific regions, including Washington, DC, Baltimore, New York City, Los Angeles, San Francisco, Chicago, Miami, and Denver, reinforcing equitable opportunities for economically disadvantaged individuals.

The Westchester Youth Civic Engagement Grants aim to empower young people (up to age 24) to actively participate in civic life. By supporting youth-led projects that promote democracy and social equity, the program encourages nonpartisan initiatives across diverse issue areas. Grants of up to $100,000 over two years will fund projects such as local government involvement, voter registration drives, and media literacy initiatives, fostering critical skills and resilience among youth to become active changemakers in their communities.

The Dudley T. Dougherty Foundation Grant supports nonprofit charitable organizations recognized under section 501(c)(3) of the IRS Revenue Code. Established in 2002, the foundation aims to empower groups committed to positive change, fostering respect for life and the environment. Their vision emphasizes collaboration for a better future, encouraging applicants to embody these values in their initiatives. With a focus on impactful projects, this grant is an opportunity for organizations striving to make a critical difference in our world.

The Max and Victoria Dreyfus Foundation offers grants to support diverse initiatives, including museums, educational programs, and environmental activities. Aiming to make a significant impact with modest funding, the Foundation targets IRS-qualified non-profits in the U.S. Grants typically range from $1,000 to $20,000, fostering community development and enhancement. Organizations focused on youth, seniors, and individuals with disabilities are particularly encouraged to apply, as the Foundation seeks to empower those in need.

The Jeannette F. Schlobach Grant Program provides essential support to nonprofit organizations serving residents of Dutchess County, NY, affected by poverty. It focuses on enhancing economic stability, health, and educational opportunities through effective programs such as case management, housing services, and health access. Eligible organizations include 501(c)(3) nonprofits and faith-based groups. The grant encourages innovative solutions while supporting existing programs, ensuring a lasting impact on the community.

The MGM Resorts Foundation Community Grant Fund supports nonprofit agencies providing essential services in areas such as affordable housing, education, and health. Grants are awarded for a one-year period and focus on regions where MGM Resorts employees live and work. Eligible applicants must comply with diversity policies and serve individuals or families. The foundation does not fund governmental agencies or projects exclusively for medical research. This initiative aims to enhance community well-being through targeted support.

Enterprise Community Partners

Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. Home is where life happens, where plans are made, and futures begin. It is the foundation for dignity, health, education, wealth, and community. Yet rents keep going up, paychecks don’t keep pace, and good homes in strong neighborhoods are increasingly out of reach.

The system doesn’t work. It must be changed, and it must be changed by us.

Enterprise has the breadth, scale, and expertise to do it. We support community development organizations on the ground. We aggregate and invest billions to improve housing and strengthen communities across the U.S. We advance housing policy at every level of government. We build and manage communities ourselves. Everything we do is informed by the residents we serve.

Together with our partners, we focus on the greatest need — the massive shortage of affordable rental homes — to achieve three goals:

• Increase the supply of affordable homes
• Advance racial equity after decades of systematic racism in housing
• Support residents and strengthen communities to be resilient to the unpredictable, and make upward mobility possible

Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. We do all this to make home and community places of pride, power, and belonging.

Legal Counsel in Administration of Blue Buffers Program

Enterprise Community Partners, Inc. ("Enterprise") was selected as a subrecipient of New York State Housing and Community Renewal to administer the Blue Buffers Program pursuant to a subaward. To fulfill its obligations, Enterprise formed a special purpose entity, Enterprise Assisted Properties, LLC (“EAP”).

Enterprise Assisted Properties ("EAP") has initiated a Request for Proposal (“RFP”) process to identify a legal representation panel which will be able to represent EAP in carrying out the New York State Blue Buffers Voluntary Risk Property Buyout Program.

The True Inspiration Awards, established by Chick-fil-A in 2015, recognizes nonprofit organizations that significantly impact their communities. In 2025, the program will distribute $6 million in grants, ranging from $30,000 to $350,000, to sixteen selected organizations. Categories include Caring for People, Caring through Food, Community, and Caring for our Planet, with a focus on educational initiatives, food security, housing services, and environmental stewardship, honoring the legacy of founder S. Truett Cathy.

Enterprise Community Partners

Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. Home is where life happens, where plans are made, and futures begin. It is the foundation for dignity, health, education, wealth, and community. Yet rents keep going up, paychecks don’t keep pace, and good homes in strong neighborhoods are increasingly out of reach.

The system doesn’t work. It must be changed, and it must be changed by us.

Enterprise has the breadth, scale, and expertise to do it. We support community development organizations on the ground. We aggregate and invest billions to improve housing and strengthen communities across the U.S. We advance housing policy at every level of government. We build and manage communities ourselves. Everything we do is informed by the residents we serve.

Together with our partners, we focus on the greatest need — the massive shortage of affordable rental homes — to achieve three goals:

• Increase the supply of affordable homes
• Advance racial equity after decades of systematic racism in housing
• Support residents and strengthen communities to be resilient to the unpredictable, and make upward mobility possible

Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. We do all this to make home and community places of pride, power, and belonging.

National Housing Innovation Grant Competition

Home is foundational. It’s where we plant roots, raise and care for our families, and build community bonds. Yet in every corner of the country, millions of people of all ages and backgrounds need a home they can afford.

Wells Fargo is meeting this moment with a powerful grant opportunity. Together with Enterprise, Wells Fargo has launched the third iteration of the Housing Affordability Breakthrough Challenge. The 2026 cycle of the housing innovation competition will identify and propel proven, ready-to-scale solutions that transform current practices and increase housing choice and access.

Eligible applicants will compete for five individual grants of $2 million to advance their innovation and drive meaningful, systems-level change in the housing and adjacent industries. Winners will gain access to mentorship and coaching from industry leaders and experts and join a powerful network of Breakthrough Challenge innovators.

Focus Areas

This third cycle of the Housing Affordability Breakthrough Challenge aims to meet the nation’s affordable housing challenges across all types of communities: Native, rural, suburban, tribal, and urban.

Proposals must encompass one or more of three focus areas:

• Design and Construction
• Finance
• Service Delivery and Programs

Applicants will be asked to show how their proof of concept or pilot program has achieved clear outcomes and success, and provide a clear pathway to expanding the innovation’s reach and impact

Round 1: Criteria and Scoring

Your innovation must meet the criteria below to advance to the official scoring stage.

Type of Community

Innovations can serve all types of communities:

• Rural
• Urban
• Suburban
• Tribal

Location

Priority scoring will be given to applications from entities that are based in – or whose innovations are designed for – one or more of these 28 states, plus D.C.:

• Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Iowa, Maryland, Massachusetts, Minnesota, Montana, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Washington D.C.

Affordability

Innovations must serve residents at these income levels:

• Rental: 80% AMI or below
• Homeownership: 120% AMI or below
• Workforce housing: 120% AMI or below