Affordable Housing

Affordable housing developers can apply to the program. Investors receive a tax credit in exchange for providing the developer with an immediate investment in the affordable housing project.

New construction and rehabilitation projects that will remain affordable for a minimum of 55 years and that are not federally subsidized.

Applications are accepted twice annually. The most recent application window closed June 30, 2022.

$98.6 million (2020), with a similar amount available annually. Approximately 70% of eligible costs for affordable housing development are paid out over 10 years of tax credits and up to 15 years of tax benefits.

9% tax credits are highly-competitive with more eligible applicants than available funding. Therefore, award recipients are determined in large part using a tie-breaker formula. 28 out of 60 were awarded in Round 1; 55 out of 103 applications were awarded in Round 2 (2021).

Project sponsors who have been awarded HCD funding for an affordable housing project but were unable to secure tax credits.

Shovel-ready projects focused on low-income, affordable housing development.

The most recent application window for Tier 2 Projects closed on April 8, 2022. This round was only open to projects with a previous HCD award which listed tax-exempt bonds and 4% low-income tax credits as development sources in their HCD application but have not received allocations of these resources.

$800 million are available for tier 2 Project Solicitation.

A total of 27 projects have been awarded as of March 2022.

Private nonprofit organizations or units of general purpose local government

Grant funding to engage homeless individuals and families living on the street, rapidly re-house homeless individuals and families, help operate and provide essential services in emergency shelters for homeless individuals and families, and prevent individuals and families from becoming homeless.

The most recent application window close on August 24, 2022.

Approximately $5 million. For more information review Appendix A: Estimated BoS Formula Allocation.

48 out of 53 proposals were awarded (2020). 24 proposals were awarded in each the competitive and non-competitive categories.

Local governmental entities who select homeless service providers to receive the funds.

Grant funding to engage homeless individuals and families living on the street, rapidly re-house homeless individuals and families, help operate and provide essential services in emergency shelters for homeless individuals and families, and prevent individuals and families from becoming homeless.

The most recent application window close on August 24, 2022.

Approximately $6 million is available (2022).

19 proposals were awarded (2020).

CBOs, local governments, nonprofits (including coalitions of associations), philanthropic organizations and foundations, faith-based organizations, community development finance institutions, community development corporations, JPAs, and Native American tribal governments. There must be a minimum of one lead applicant, in addition to co-applicants.

Applicants must implement at least three projects associated with the following strategies: equitable housing and neighborhood development, affordable housing land acquisition, transit access, and mobility, solar installation and energy efficiency, water efficiency, recycling and waste management, urban greening and green infrastructure, land conservation, health and well-being. The list of eligible activities and fundable elements are defined in Appendix B of the Round 3 Program Guidelines.

Funding is typically available on an annual basis. The application window for Round 4 closed on July 1, 2022.

Approximately $106 million is available for Round 4.

3 out of 4 proposals funded in Round 3 (2019/2020).

Affordable housing developers who have received the 4% Federal Low-Income Housing Tax Credit within 180 days of applying for this non-competitive California Low-Income Housing Tax Credit.

New construction of multifamily housing projects.

The most recent application window closed on July 7, 2022.

$300 – $500 million on an annual basis.

90 out of 139 proposals were awarded (Round 1 and Round 2, 2020)

Small and rural jurisdictions (city, county, or town), with a population size that is insufficient in order to participate in the HUD’s direct entitlement program.

Projects that develop viable communities by providing decent affordable housing, a suitable living environment, and expanding economic opportunities, low- and moderate-income people, and neighborhoods.

The most recent application window closed on August 19, 2022.

$30 million is available in the most recent funding cycle.

Applications are reviewed on a first-come, first-served basis and are not competitively scored. 29 out of 80 projects funded (2018).

Local public entities, including cities, counties, or other local public entities, including housing authorities or federally recognized tribal governments

The state will make funding available to public entities to develop a broad range of housing types, including but not limited to hotels, motels, hostels, single-family homes and multifamily apartments, adult residential facilities, and manufactured housing, and to convert commercial properties and other existing buildings to Permanent or Interim Housing for the Target Population.

The application cycle for round 2 closed on May 2, 2022. A NOFA for Round 3 is expected to be released in October 2022.

$1.45 billion (2021)

As of October 2020, $627 million has been awarded to 45 applicants and 71 projects, totaling 4,646 affordable housing units.

Most state and local governmental entities, nonprofits, and Federally-recognized Native American Tribes serving rural areas with a population under 20,000.

Rehabilitation and preservation of affordable housing for rural, low-income homeowners and renters. Priority will be given to projects that reduce the morbidity and mortality associated with substance abuse disorders in high-risk rural communities.

The most recent application window closed on July 11, 2022.

A total of approximately $15 million in grants and loans.

A nonprofit or for-profit Developer of a Qualifying Infill Project; a city, county, city and county, public housing authority, or redevelopment agency and/or successor agencies that have jurisdiction over a Qualifying Infill Area applying jointly with an “owners’ association,”; the governing body of an Indian reservation or rancheria that has jurisdiction over a Qualifying Infill Area or a Tribally Designated Housing Entity that is the Developer of a Qualifying Infill Project.

Construction of new infill development and rehabilitation of infrastructure that supports higher-density affordable and mixed-income housing including but not limited to active transportation, parks and open space, stormwater, street repair, transit, and water-related improvements.

The most recent application window closed on July 12, 2022.

$200 million are available for Round 8 (2022).

For Qualifying Infill Projects, the minimum grant award is $1 million ($500,000 for rural areas) with a maximum of $7.5 million. For Qualifying Infill Areas with over 200 units, the minimum grant award is $2 million ($1 million for rural areas) with a maximum of $30 million.

35 out of 99 proposals funded in Round 7 (FY 2020/2021).

Local government agencies, nonprofit corporations, cooperative housing corporations, limited partnerships where all the general partners are nonprofit mutual or public benefit corporations, and federally-recognized Native American tribes.

Deferred payment loans for multifamily housing, new construction, or rehabilitation and grants for single-family, new construction, or owner-occupied rehabilitation programs.

The most recent application window closed on July 12, 2022.

Awards are anticipated to be announced in November of 2022.

Approximately $80 million is available in the funding cycle.

16 out of 40 proposals were awarded (2021).

Local, regional, and tribal housing trust funds.

Predevelopment, acquisition, and other costs associated with development or rehabilitation of Affordable rental housing projects. Emergency Shelters, Permanent Supportive Housing, Transitional Housing, and Affordable Homeownership Projects or Units within a Homeownership Project, and the construction, repair, and reconstruction or rehabilitation of Accessory Dwelling Units or Junio Accessory Dwelling Units.

Applications for the most recent funding cycle closed on May 25, 2022.

Approximately $57 million is available in the current funding cycle (2022).

18 out of 24 proposals were awarded (2021), for a total of $56.7 million.

Individuals, public agencies, nonprofits, for-profit entities, and Native American reservations and Rancherias.

Affordable multifamily rental and transitional new construction, acquisition, rehabilitation, and conversion housing developments.

The most recent application window closed on July 12, 2022.

Awards are anticipated to be announced in November of 2022.

Approximately $275 million are available for Round 5 (2022).

24 out of 63 proposals funded (2020).

Farmers, associations of farmers and family farm corporations; associations of farmworkers and nonprofit organizations; most state and local governmental entities; Federally-recognized Native American Tribes.

Affordable financing to develop housing for year-round and migrant or seasonal domestic farm laborers.

Final applications for new constructions must be submitted by November 1, 2022, at 12:00 pm.

Final applications requesting funding for repairs must be submitted by September 12, 2022, 12:00 pm ET

$20 million in loans and approximately $6.3 million in grants are available in Round 2.

For-profit entities, nonprofits, public agencies, and tribal governments.

Development of multifamily rental housing containing permanent supportive housing, transitional housing, and affordable housing for veterans and their families.

The most recent application window closed on July 12, 2022.

Awards are anticipated to be announced in November of 2022.

Approximately $95 million are available for Round 7 (2022).

16 projects out of 21 were awarded in Round 6 (2021)

Affordable housing developers can apply to the program. Investors receive a tax credit in exchange for providing the developer with an immediate investment in the affordable housing project.

New construction and rehabilitation projects that will remain affordable for a minimum of 30 years (55 years is most competitive) and that are subsidized with federal funding and/or tax-exempt bonds.

Applications are accepted on a continuous basis year-round, with quarterly deadlines where applications are reviewed.

The 4% Round 2 application due date was extended from July 7, 2022, to August 9, 2022

$124.9 million (2017), with a similar amount available annually. Approximately 30% of costs for affordable housing development are paid out over 10 years of tax credits and up to 15 years of tax benefits.

4% tax credits are awarded on a non-competitive basis to all projects that meet eligibility criteria. 122 applications were received and 48 proposals awarded during Round 1; 129 applications were received during Round 2 with 58 proposals awarded; 46 out 103 proposals were awarded in Round 3 (2021)

Counties may apply independently or with a housing development sponsor; and the cities of Berkeley, Pomona, Claremont, and La Verne.

Deferred payment loans for the development of permanent supportive housing for persons living with a serious mental illness who are chronically homeless, homeless, or at-risk of chronic homelessness. Funds may be used to acquire, design, construct, rehabilitate, or preserve permanent supportive housing, which may include a capitalized operating subsidy reserve.

The most recent application window closed on January 19, 2022.

$231.4 million (2021). Minimum award amounts differ by County population size, which is approximately $121.2 million for Counties with greater than 750,000 residents, $55.5 million for Counties with populations between 200,000 and 750,000, and $54.7 million for Counties with populations of less than 200,000.

36 out of 44 applications were awarded in Round 3 (2021).

Local public agencies, Tribal Entities, and nonprofits.

Predevelopment, site development, and site acquisition for development projects. Rehabilitation and acquisition and rehabilitation of site-built housing, and rehabilitation, repair, and replacement of manufactured homes. Downpayment assistance, mortgage financing, homebuyer counseling, and technical assistance for self-help.

The application period closed in December 2021.

$57 million, with $20 million reserved for mobilehome assistance in a mobilehome or manufactured home community.

31 out of 80 proposals were accepted for Round 2 (2020).

Local jurisdictions, tribal governments, and nonprofit organizations in counties impacted by 2017, 2018, and 2020 disasters.

First-Time Homebuyer Mortgage Assistance, Owner-Occupied Rehabilitation Assistance, Accessory Dwelling Units (ADU) or Junior Accessory Dwelling Units (JADU) Assistance, Technical Assistance for Self-Help Housing Projects, Technical Assistance for Shared Housing Programs, Homeownership Development Project Loans.

The most recent application window closed on December 8, 2021.

Approximately $41 million, from that, $14 million will be available for counties impacted by the 2020 Federal Disaster Declarations and $27 million will be available to those six counties with unclaimed funds for the 2017 and 2018 Federal Disaster Declarations.

Maximum award of $100,000 per unit for First-Time Homebuyer Mortgage Assistance, ADU/JADU assistance, and Homeownership Development Project Loans and a maximum of $200,000 for Owner-Occupied Rehabilitation Assistance.

Technical assistance of up to $15,000 per unit on top of the application amount requested for Homeownership Development Project Loans. If applying for only Technical Assistance for a Shared Housing Program, the maximum application amount is $300,000.

Cities, townships, public housing authorities, Native American housing authorities.

Comprehensive neighborhood revitalization plans that are intended to replace distressed public and assisted housing with high-quality mixed-income housing, employment, health, and educational services, and which create the conditions necessary for public and private reinvestment in distressed neighborhoods.

$182 million, with a maximum amount of $35 million per project.

The most recent application deadline closed December 16, 2020.

4 proposals were awarded in 2019. 1 award was made to a project in California.

Nonprofits and jurisdictions within the federally declared disasters DR-4344 and DR-4353 impacted counties.

Activities that increase mitigation and resilience, including planning and capacity-building; updating current plans for better alignment with mitigation principles, and public services.

The most recent application period closed on March 5, 2021.

Approximately $22.4 million is available in the current funding cycle. A total of $13.2 million will be allocated to Resilient Planning, and $9.24 million to Resilience Public Services.

45 total applications submitted (2021).

Cities, counties, developers, Native American Tribal governments, and nonprofit Community Housing Development Organizations (CHDOs).

Housing rehabilitation, new construction, and acquisition and rehabilitation, for both single-family and multifamily projects, and predevelopment loans to CHDOs. All activities must benefit lower-income renters or owners.

The most recent application window closed on March 10, 2022. A NOFA for the next funding cycle is expected on September 2022.

Approximately $72 million was available in 2021. It is expected that $41 million will be available for the 2022 funding cycle.

Organization, agency, or other entity (including a public housing agency, for-profit or nonprofit entities) that is an Owner or Developer.

Acquisition and/or new construction.

Previously awarded HHC projects may apply for additional funds on an over-the-counter basis. New projects will be evaluated on a competitive basis.
Applications are currently being accepted through the eCivis Grants Network System portal. The most recent application window closed on March 1, 2022.

$160 million in federal National Housing Trust Fund funding (2022).

8 proposals were funded (2020) for a total of $39 million.

Community Development Entities (CDEs). Investors receive a tax credit against their federal income-tax return in exchange for making an immediate equity investment in a CDE.

Mixed-use projects that include rental housing, commercial real estate, community facilities, industrial/distribution facilities, business financing, new construction or substantial rehabilitation, and funding in place of refinancing.

The most recent application closed on January 13, 2022. Awards are expected in Fall 2022.

Investors may claim a Federal tax credit for a total of 39% of the original investment amount over a period of seven years.

Since 1996, 511 awards, ranging from $5 – $150 million have been awarded within the State of California (2020). 11 projects were funded in 2020.

Non-entitlement local governments.

Development of new or substantial rehabilitation of affordable multifamily rental housing. Assistance to persons who are experiencing or at risk of homelessness through rapid rehousing, rental assistance, supportive services, navigation centers, construction or rehabilitation of permanent or transitional rental housing.

The most recent application period closed August 2021.

Approximately $29 million (2021).

33 proposals were funded on Round 1 (2020).

Public Housing Authorities (PHAs), Tribes/tribally designated housing entities (TDHEs), resident associations (RAs), and non-profits

Funding to hire and maintain Service Coordinators who will assess the needs of residents of conventional Public Housing or Indian housing and coordinate available resources in the community to meet those needs.

The most recent application deadline closed on July 18, 2022.

$35 million, with a maximum award of $717,750 per project (2022).

$34.9 million was awarded to 116 proposals in 2018.

Public agencies and nonprofits.

Supportive housing, community facilities, and community and economic development projects in rural areas.

The most recent application window closed on April 19, 2022.

The minimum grant award is $50,000, with a maximum of $250,000.

Medicaid beneficiaries ages 18-61 with disabilities who have resided in a long-term health care facility for at least 90 days and desire to return to community living; individuals ages 18-61 living with a developmental disability who are at risk of institutionalization.

Project-based rental assistance targeting Medi-Cal eligible Persons with Disabilities.

No longer accepting applications for funding.

$15 million over multiple funding rounds until all funds have been exhaused, which is anticipated to occur sometime in 2021.

Energy technology experts, architectural firms, developers, electricity utility providers, CCAs, local governments, and community-based organizations.

Funds a design-build competition that will challenge multi-disciplinary project teams to design and build a mixed-use development – using cutting-edge energy technologies, tools, and construction practices – that is affordable, equitable, emissions-free, and resilient to climate change impacts and extreme weather events.

The most recent application window closed in December 2021.

The maximum grant award for the Design phase is $1 million and $9 million for the Build phase.

CBOs, local governments, nonprofits (including coalitions of associations), philanthropic organizations and foundations, faith-based organizations, community development finance institutions, community development corporations, JPAs, and Native American tribal governments. There must be a minimum of one lead and two co-applicants.

Planning activities for capacity-building, policies and codes, fiscal analyses and studies and community engagement that directly benefit low-income or disadvantaged communities.

Funding is typically available on an annual basis. The application window for Round 4 closed on July 1, 2022.

$600,000 for three grant awards for Round 3 (FY 2019/2020), with a maximum of $200,000 per award.

4 out of 7 proposals funded in Round 2 (FY 2018/2019).