National Housing Trust Fund (NHTF) Program
Details
Purpose:
The NHTF program provides funding for the acquisition, new construction, and rehabilitation of permanent rental housing for extremely low-income households in California through a competitive application process.
Description:
The NHTF Program is a federal formula grant that provides annual allocations to states to increase and preserve the supply of decent, safe, and sanitary affordable housing specifically for extremely low-income households, defined as having income at or below 30 percent (30%) of the Area Median Income (“AMI”) or income less than the federal poverty line (whichever is greater). If the total national allocation for any fiscal year exceeds $1 billion, the Department may use up to 25% of its annual NHTF allocation to serve very low-income households defined as income at or below 50 percent (50%) of AMI; however, to date, that threshold has not been met.
The Department will award NHTF funds for the development of eligible multifamily rental projects in California through a competitive application process.
Eligibility Requirements
Eligible Applicants:
- Business
- Individual
- Nonprofit
- Other Legal Entity
- Public Agency
- Tribal Government
Eligible applicants for NHTF funds include organizations, agencies, Native American Entities, or other entities, or a for-profit or nonprofit entity. This NOFA will detail the requirements of all eligible applicants.
Eligible Geographies:
The Department will target at least 20 percent (20%) of the funding for Projects located in rural areas, at least 10 percent (10%) will be targeted for Native American Entities, and at least 20 percent (20%) of the funding for Projects located in federally-declared disaster areas.
Important Dates
Funding Details
How to Apply
State agencies/departments recommend you read the full grant guidelines before applying.
Resources
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