Notice of Funding Availability
Published June 21, 2012
Nonprofit and private developers are invited to propose projects for acquisition, rehabilitation, and/or new construction of affordable rental housing for low-income households. Approximately $17 million in City funds is available for the 2012 NOFA round. See the announcement for further details on project eligibility, funding policies and priorities, and application process and requirements.
September 2012 update: The 2012 Multifamily NOFA application period closed on Friday, Sept. 7, 2012. Staff will be reviewing the applications over the next few months, with decisions to be announced by the OH director in mid-November. For more information on the proposed developments, download the 2012 Rental Housing Program NOFA Applications matrix.
A. 2009 Levy A&F Plan – Rental Preservation & Production Program
B. 2009 Levy A&F Plan – Program Definitions
C. 2009–2012 Consolidated Plan – Housing Policies
D. 2009–2012 Consolidated Plan – Residential Antidisplacement and Relocation Assistance Plan (RARAP)
E. Income and Maximum Rent Tables
F. Developer Fee Schedule
G. Map of High Capacity Transit and High Frequency Transit Service
- Combined Funders Application - Instructions, Narrative Questions and Attachments (Word format)
- Housing Trust Fund Addendum (Word format)
- Office of Housing Addendum (Word format)
- Combined Funders Project Budgets and Forms
(Excel format) UPDATED
Note from Department of Commerce: This is the corrected copy of the Combined Funders Project Budget and Forms.
A significant error was discovered concerning the calculation of Low Income Housing Tax Credit Equity on Form 6E, which in turn affects the Expected LIHTC Equity reported on Form 7. If your project financing does not include LIHTC’s, please disregard this note. If your project financing does include LIHTC’s, and you have already begun Forms 6A-E, please make the following change to Form 6E: link cell E34 on Form 6E to Cell G112 on Form 6A.
Explanation of the Error:
Column F on form 6D currently calculates the total reported Eligible Basis amounts from Columns G and H, with the total in cell F115 being used in the Equity Gap calculation in form 6E. This is incorrect; column F should carry forward the Total Residential Project Cost as calculated on Form 6A. Total Residential Project Cost should not be the same as Total Eligible Basis, therefore Form 6D Cell F115 should be the same as Form 6A Cell G112, and not a sum across of the subtotals of Eligible Basis Items. Without the above correction, the credit calculation will be wrong.
Information Due Prior to OH Application Deadline
For more information on the Multifamily NOFA:
Please feel free to
contact Laurie Olson, 206-615-0995.