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Multifamily Housing Program (MHP)

Department of Housing and Community Development

About this archived opportunity

The funds awarded under this NOFA will be allocated as permanent financing for affordable new construction, rehabilitation and preservation of permanent and transitional rental housing for households having incomes at or below sixty percent of Area Median Income. Maximum loan amount available per project is $20,000,000. Projects must qualify as Rental Housing Developments (within the definition of the Uniform Multifamily Regulations (UMR) Section 8301). Additionally, projects must meet all eligibility requirements in Guidelines Section 7302. Projects proposing nine percent (9%) federal low-income housing tax credits are not eligible, per Guidelines Section 7302(d).

Historical details

Status
Closed
Deadline
September 15, 2020
First captured
November 24, 2025
Award
$175,000,000
Publisher reference
2889

Eligibility: Local public entities, for-profit and nonprofit corporations, limited equity housing cooperatives, individuals, Indian reservations and Rancherias, and limited partnerships in which an eligible applicant or an affiliate of an applicant is a general partner. Applicants or their principals must have successfully developed at least one affordable housing project.

This opportunity has closed

Multifamily Housing Program (MHP)

by Department of Housing and Community Development

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