Which state agencies work to create affordable rental housing?

 The New York State Housing Finance Agency (HFA) is one such agency. HFA provides low cost flexible financing for the creation or preservation of high quality, affordable, multifamily housing. HFA administers finance programs that assist for-profit and not-for-profit sponsors in the development and rehabilitation of affordable housing. HFA does not manage or own these properties. For details click on More Info below.

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HFA Financing Programs
The New York State Housing Finance Agency's (HFA) financing programs
URL: http://www.nyhomes.org/home/index.asp?page=195