HOME Investment Partnerships Program - LA n Sync Funding ForecasterLA n Sync Funding Forecaster

Category/Topic
Housing

Level
State

Summary
The purpose of this program is to create and retain safe, sanitary, affordable housing. Eligible activities include: New or rehabilitated rental projects with or without acquisition; First-time home buyer (FTHB) activities, developing homes to be sold to first-time home buyers; Program activities, such as FTHB acquisition down payments, FTHB acquisition with rehabilitation, FTHB infill construction, owner-occupied housing rehabilitation, and tenant-based rental assistance.

Summary

The purpose of this program is to create and retain safe, sanitary, affordable housing.

Eligible activities include: New or rehabilitated rental projects with or without acquisition; First-time home buyer (FTHB) activities, developing homes to be sold to first-time home buyers; Program activities, such as FTHB acquisition down payments, FTHB acquisition with rehabilitation, FTHB infill construction, owner-occupied housing rehabilitation, and tenant-based rental assistance.

Eligible Entities
Local Public Agencies, Native American Tribes, Nonprofit Organizations

Eligibility Notes
Eligible applicants are: Cities and counties that do not receive HOME funds directly from the federal Department of Housing and Urban Development (HUD); developers, including Native American Entities, and current state-certified nonprofit Community Housing Development Organizations (CHDOs) proposing activities in eligible communities.

Due Date
Feb 02, 2017

Due Date Notes
Application requirements vary by project and program type. Project-specific application materials can be found online at http://www.hcd.ca.gov/financial-assistance/home-investment-partnerships-program/nofa.html. Applicants are encouraged to contact program staff before submitting an application.

RFP Release Date
Dec 05, 2016

Max Award
$4,500,000

Total Possible Multi-Year Award
$4,500,000

Annual or Multi-Year?
Annual

Preliminary Items
Applicants interested in receiving training on FTHB projects via conference call must send an email to HOMENOFA@hcd.ca.gov.

Match Required?
No

Match Notes
Matching funds are not required, however, all other sources of funding must be reported.

Funder
California Business, Consumer Services, and Housing Agency

Total Amount Available for All Grants
$26,000,000

Competition Notes
Projects will be evaluated on project-specific criteria detailed in the NOFA. At least 50 percent of funds will be awarded to rural applicants. See the NOFA for details of maximum awards for different project and program types: Rental New Construction Project Loan Limits: $4,500,000 Rental Rehabilitation with or without Acquisition Loan Limits: $4,500,000 Homebuyer Project Loan Limits: $2,000,000 Program Activities Funding Limits: $1,000,000

Competition Notes

Projects will be evaluated on project-specific criteria detailed in the NOFA. At least 50 percent of funds will be awarded to rural applicants.

See the NOFA for details of maximum awards for different project and program types:
Rental New Construction Project Loan Limits: $4,500,000
Rental Rehabilitation with or without Acquisition Loan Limits: $4,500,000
Homebuyer Project Loan Limits: $2,000,000
Program Activities Funding Limits: $1,000,000

Resources
Programs and Projects Contact: Craig Morrow NOFA Programs Manager (916)263-4847 HOMENOFA@hcd.ca.gov Opportunity Posting or Webpage