Funding Opportunities

The Office of Housing releases funding for the preservation and production of affordable rental housing and permanently-affordable homeownership, as well as organization stabilization and other funding types throughout the year. These range from our annual Notice of Funding Availability (NOFA) to Requests for Qualifications and Proposals for site-specific developments. Developers and operators of affordable housing can see the most up-to-date information on funding releases and timelines below. 

Funding Opportunities

Request for Proposals — South Park Henderson St 

  • Released: April 10, 2026
  • Responses Due: July 17, 2026

Request for Qualifications — Portfolio Preservation Planning for the City-Funded Affordable Housing Portfolio 

  • Released: April 17, 2026
  • Responses Due: June 12, 2026

Notice of Funding Available — Development Loans for Resale Restricted Homes & Short-Term Loans for Site Acquisition 

  • Released: May 15, 2026   
  • Responses Due: July 10, 2026 

Current Funding Opportunities

South Park Henderson St – Request for Proposals  

Responses due: July 17, 2026, at 5:00 p.m. PT 

Overview 

The Seattle Office of Housing is turning two City-owned properties in South Park into healthy and affordable housing. This development will help prevent displacement and give families with low-incomes a stable place to live.  

This development brings together two sites at 8914 14th Ave S and 1412 S. Henderson St. We are looking for a development team to design and create a mixed-use apartment building that will bring new life to the neighborhood. 

The building will have affordable apartments on the upper floors and commercial space for community services on the ground floor. To keep the housing affordable long-term, we will lease the land to the developer for up to 99 years. 

Who Can Apply 

You can apply if you passed the first round of this process. This means you replied to the Henderson Street Request for Qualifications (RFQ) in November 2025 and moved forward as a primary developer. 

Primary developers can partner with other builders, property managers, or community groups. However, you must have your complete team put together when you submit your proposal. The primary developers selected through the RFQ process are:  

Key Dates  

  • RFP released: April 10, 2026
  • Virtual information session (Mandatory): April 23, 2026, from 10:00 a.m. to 11:00 a.m.
  • Responses due: July 17, 2026, by 5:00 p.m. PT
  • Interviews scheduled by: August 20, 2026
  • Winning team chosen: End of September 2026

Read the full Request for Proposals and apply.

Request for Qualifications (RFQ) for Portfolio Preservation Planning for the City-Funded Affordable Housing Portfolio 

Responses Due: June 12, 2026

We are seeking qualifications from consultants to develop preservation plans for our affordable rental housing portfolio.  

The goal of this preservation planning process is to identify performance issues across a cross section of our affordable housing portfolio, establish a timeline and strategy for addressing identified preservation needs, and advise on anticipated future public investment that may be needed.  

Who Can Apply 

Consultants with expertise in asset management, development, and affordable housing preservation are encouraged to apply. Applicants should have experience preparing at least three preservation plans in the past seven years for affordable housing organizations and familiarity with Low Income Housing Tax Credits (LIHTC), or HUD-regulated properties, and other federal/state subsidy programs. 

Important Dates 

Please note: The dates were updated on May 27, 2026. Please use the timeline below for the most current deadlines.

  • RFQ Released: April 17, 2026
  • Consultant applicants may request organization list: April 17, 2026 - May 20, 2026
  • Questions about the RFQ due: May 18, 2026
  • RFQ Submission Due: June 12, 2026 (Revised Deadline)
  • Consultant roster selected: July 17, 2026 (Revised Deadline)

Contact Information 

Questions about the RFQ can be directed to Maria Dewees at maria.dewees@seattle.gov. All questions must be submitted by May 18, 2026, to allow time for OH to respond to all prospective RFQ applicants in writing.  

The RFQ submission with all required documents must be submitted by 5:00 p.m. PT on May 29, 2026, to maria.dewees@seattle.gov. Late submissions will not be accepted.

Read the full RFQ and apply.

2026 Notice of Funding Available — Development Loans for Resale Restricted Homes & Short-Term Loans for Site Acquisition

Responses Due: July 10, 2026

We are releasing this Notice of Available Funding (NOFA) for the development and acquisition of resale restricted homes. The goal of these subsidies is to create affordable homeownership opportunities with lasting affordability for first-time, low-income homebuyers in Seattle. 

Applicants may apply for either: 

  • Development Loans for Resale Restricted Homes
  • Short-Term Loans for Site Acquisition
    • These may be converted to Development Loans for Resale Restricted Homes 

Who Can Apply 

Organizations with experience developing and stewarding affordable homeownership opportunities in Seattle are encouraged to apply. Applicants should have organizational financial capacity and supply all required supplemental documentation listed in the application checklist. 

Interested applicants must contact Homeownership Policy and Programs Advisor, Joy Hunt, at joy.hunt2@seattle.gov for a complete application package which will include: 

  1. 2026 RRH NOFA Application
  2. 2026 OH RRH NOFA Workbook
  3. HOA Addendum 2026
  4. LEC Addendum 2026 

Important Dates 

  • NOFA Published: May 15, 2026
  • Information Session: June 3, 2026, at 10:00 a.m. 

Development Loan Dates 

  • Responses due: July 10, 2026, by 12:00 noon  
  • Deadline to schedule mandatory pre-application meetings: June 17, 2026 

Short-Term Loan Dates 

  • Responses due: Rolling, dependent on resources
  • Deadline to schedule mandatory pre-application meetings: 15 business days before submittal

Contact Information 

For additional information, to request additional application material, or to register for the information session, please email Joy Hunt at joy.hunt2@seattle.gov. Applications with all required materials must be submitted via email. 

Read the full NOFA and apply.

Housing

Andréa Akita, Interim Director
Address: 700 5th Ave, Suite 5700, Seattle, WA, 98104
Mailing Address: PO Box 94725, Seattle, WA , 98124-4725
Phone: (206) 684-0721
Fax: (206) 233-7117
Housing@seattle.gov

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We partner to create affordable housing by equitably investing to prevent displacement and increase opportunities for people to live in Seattle.