National Housing Trust Fund (NHTF) Program

Portal ID:
45206
Status:
Closed
Opportunity Type:
  • Grant
  • Loan
Last Updated:
 | 

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

The date (and time, where applicable) by which all applications must be submitted to the grantmaker. Time listed as “00:00” equates to midnight.
The date on which the grantor expects to announce the recipient(s) of the grant.
July 2024
The length of time during which the grant money must be utilized.
18 Months

Funding Details

The total projected dollar amount of the grant.
See Notes Below
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
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
Certain grants require that the recipient(s) provide a letter of intent.
No
Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
No

Available Funding Notes:

Approximately $172 million total for this grant.

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.
  • Federal

Funding Source Notes:

Program is governed by AB 816 (Chapter 396, Statutes of 2021) which amended HSC Section 50676. Source of funding is the federal National Housing Trust Fund.

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).
  • Reimbursement(s)

How to Apply

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

Resources

For questions about this grant, contact:
Anne Nicholls, 1-916-776-7473, NHTFNOFA@hcd.ca.gov