Community Capital New York is a non-profit community development lender located in Elmsford which provides feasibility loans of up to $25,000 to explore the viability of potential affordable housing development projects located in Westchester County by assisting with up-front due diligence costs including environmental studies, zoning analyses, architectural and engineering plans, and contract deposits. Eligible expenses include appraisals, engineering analysis, architectural drawings, financial proforma modeling, purchase deposits, surveys, land use zoning analysis, and other reasonable due diligence expenses.

For more information contact:

Elissa A. Bard
VP Housing
Community Capital New York
44 Executive Blvd. Suite 203
Elmsford, NY 10523
(914) 815-2123

The New York State Department of Housing  and Community Renewal offers programs that provide feasibility funding. The Low Income Housing Trust Fund offers “seed funding” and the Housing Development Program offers “pre-development funding.”

For more information contact:

New York State Homes and Community Renewal
Hampton Plaza
38-40 State Street
Albany, New York 12207
Phone: (518) 473-2526

Regional Office:
25 Beaver Street
New York, N.Y. 10004
Phone: (212) 480-7644