AB 434 Super NOFA

Portal ID:
9806
Status:
Closed
Opportunity Type:
  • Grant
  • Loan
Last Updated:

Details

Purpose:

The Department of Housing and Community Development (Department or HCD) is pleased to announce the initial release of this Multifamily Housing Notice of Funding Availability (NOFA) for approximately $650 million in funds.

Description:

The Super NOFA is issued to distribute funds through a combination of HCD-administered multifamily rental housing programs. The Super NOFA and the guidelines for those programs implement the requirements of California Assembly Bill No. 434 (AB 434) (Chapter 192, Statutes of 2020). AB 434 amends, repeals and adds sections to the Health and Safety Code and to the Military and Veterans Code in relation to the Designated Programs.

Programs providing funding pursuant to this Super NOFA include the following:

• Multifamily Housing Program (MHP) which provides loans to assist the new construction, rehabilitation, and preservation of permanent and transitional rental housing for lower income households;
• Veterans Housing and Homelessness Prevention (VHHP) Program which provides funds for acquisition, construction, rehabilitation, and preservation of affordable multifamily housing for veterans and their families to allow veterans to access and maintain housing stability;
• Joe Serna, Jr. Farmworker Housing Grant (FWHG) Program which provides construction loans or deferred loans for multifamily housing, new construction, or rehabilitation to serve agricultural workers with a priority for lower income households;
• Infill Incentive Grant Program of 2007 and 2019 (IIG) which provides grant assistance available as gap funding for infrastructure improvements necessary for specific residential or mixed-use infill development projects. Under IIG, eligible infrastructure improvements are referred to as Capital Improvement Projects (CIPs). They are associated with specific residential or mixed-use infill development projects, or Qualified Infill Projects.

Eligibility Requirements

Eligible Applicants:

  • Business
  • Nonprofit
  • Public Agency
  • Tribal Government

Important Dates

Application deadline The date (and time, where applicable) by which all applications must be submitted to the grantmaker. Time listed as “00:00” equates to midnight.
Expected award announcement The date on which the grantor expects to announce the recipient(s) of the grant.
November 2022
Period of performance The length of time during which the grant money must be utilized.
SeeStandardAgreement

Funding Details

Total estimated available funding The total projected dollar amount of the grant.
$650,000,000
Expected number of awards A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display.
Dependent
Estimated amount per award Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display.
Dependent
Letter of Intent Required? Certain grants require that the recipient(s) provide a letter of intent.
No
Requires Matched Funding? Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
No
Funding Source: The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number.
  • State
Funding Method: The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly).
  • Advances & Reimbursement(s)

How to Apply

State agencies/departments recommend you read the full grant guidelines before applying.

Resources

For questions about this grant, contact:
N/A, 1-916-263-7400, SuperNOFA@hcd.ca.gov

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