The California Department of Housing and Community Development (HCD) has released the Multifamily Housing Program (MHP) Final Guidelines and Notice of Funding Availability (NOFA) for approximately $178 million. This is the first available funding from Proposition 1, the Veterans and Affordable Housing Bond Act of 2018, which California voters approved on November 6, 2018.
MHP provides permanent financing for affordable multifamily rental and transitional new construction, acquisition, rehabilitation, and conversion housing developments. MHP NOFAs will be released semiannually with the next NOFA scheduled for December 2019.
Applications are due August 20, 2019.
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Note: Individual technical assistance appointments will be available at the workshops (in-person only, webinar excluded). Appointments will be approximately 20 minutes. Individuals can sign up at the workshop, not in advance.