New York State Homes & Community Renewal

New York State Homes & Community Renewal (NYSHCR) is a Finance, Prop Tech, and Real Estate focused startup with a mission to build, preserve, and protect affordable housing and increase homeownership across the state. The company collaborates with various private, public, and nonprofit sector partners to create inclusive, safe, sustainable, and resilient living spaces in New York State. NYSHCR is instrumental in implementing the Governor’s $1 billion HOUSE NY plan and leverages federal and state community development resources to create affordable housing opportunities statewide. The company's initiatives extend to enforcing the State’s Rent Regulation Laws, ensuring tenant rights, and providing funding for low to middle-income households as well as special needs populations. Governor Cuomo's commitment of an additional $486 million to housing, with $92 million specifically dedicated to Mitchell-Lama preservation, reflects the significant impact NYSHCR has in the housing sector. Since 2011, NYSHCR's resources have facilitated the financing of over 26,000 affordable housing units, benefitting moderate and low-income families and vulnerable New Yorkers. While details regarding the company's founding, headquarters, and latest investment are not available, its noteworthy contributions to affordable housing make NYSHCR a compelling prospect for potential investors keen on social impact and sustainable real estate ventures.