New funding opportunity for rapid development of affordable housing

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JULY 9, 2021

New funding opportunity for rapid development of affordable housing

NOFA #HFU-2021-03

For those seeking capital funding for rapid conversion of property for use as multifamily/rental housing and shelters

The Department of Commerce Housing Finance Unit is pleased to announce a new solicitation for projects seeking capital funding from the state Housing Trust Fund to acquire or rent real property in Washington state for rapid conversion to

  • enhanced emergency shelters,
  • permanent supportive housing,
  • transitional housing,
  • permanent housing,
  • youth housing,
  • drop-in center, or
  • shelter for people with extremely low incomes, and people experiencing sheltered and unsheltered homelessness.

Applications will be solicited in three phases. Phase 1 applications are due to Commerce by 12 noon, Aug. 5, 2021. Phase 1 award announcements are expected in September 2021.

How to apply

Please download and carefully review the 2021 Rapid Capital Housing Acquisition Notice of Funding Availability (NOFA) for detailed information regarding funding requirements and priorities, the process for submitting an application and dates of significance.

The NOFA and application materials are available here.

NOTE: There are several NOFAs published on this webpage currently. This is NOFA #HFU-2021-03.

DEADLINE for Phase 1 applications is 12 noon, Aug. 5.

Need help?

Training videos are available to help complete an application with the Housing Trust Fund program. Please visit HTF Resources & Trainings to access the videos.

Technical assistance period open now through July 22, 2021. If you have questions regarding this announcement or the NOFA, please submit them to htfapp@commerce.wa.gov before the technical assistance period ends on July 22. Please include “Rapid Capital Housing Acquisition NOFA #HFU-2021-03” in the subject line of your email.

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