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Infrastructure Development Demonstration Program

Program (?) Infrastructure Development Demonstration Program
Abbreviation IDDP
Program Description

The Infrastructure Development Demonstration Program (IDDP) is a state program that has been authorized but has not receiving funding. The purpose of IDDP is to fund infrastructure improvements associated with affordable housing projects. To be eligible, projects must have applications for construction or rehabilitation pending with, or approved by, federal, state, or local government agencies. Eligible applicants include New York State municipalities (cities, towns, villages, or counties), public benefit corporations, non-profit corporations or charitable organizations that construct or rehabilitate housing. IDDP grants are limited to a maximum of $5,000 per unit of affordable housing. Program funds may be used solely for hard and soft costs associated with infrastructure improvements. IDDP targets 25 percent of its total funding to municipalities with a population higher than 30,000 residents each fiscal year; the other 75 percent of funds is targeted to more rural areas.

Benefit Classification (?)  
Supply or Demand Supply
One-Time or Ongoing One-Time
Benefit Type (?) Grant
Government Agency (?) NYS Department of Homes and Community Renewal
Program Information (?)  
Scale Small Scale (between 1 and 999 units produced)
Developer/Owners (?) Non-Profit, Government
Property Information (?)  
Construction Type Rehabilitation, New Construction
Occupant Tenure (?) Rental, Homeownership
Occupant Income Restrictions (?) Low-Income
More Information
Available on CoreData.nyc? No

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