New funding opportunity for the rapid development of affordable housing, Phase II of the Rapid Capital Housing Acquisition NOFA #HFU-2021-03

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Sept. 30, 2021

New funding opportunity for the rapid development of affordable housing 

Phase II of the Rapid Capital Housing Acquisition NOFA #HFU-2021-03

The Department of Commerce is pleased to announce a new solicitation for projects. A total of $54 million is available for investment in the acquisition or rental of real property for rapid conversion into enhanced emergency shelters, permanent supportive housing, transitional housing, permanent housing, youth housing, or shelter for people with extremely low incomes, as well as people experiencing sheltered and unsheltered homelessness, in Washington state.

Applications for Phase II are due to the Department of Commerce by NOON, on Nov. 10, 2021.

Please download the updated 2021 Rapid Capital Housing Acquisition Notice of Funding Availability (“NOFA”) and carefully review Appendix B for specific information regarding Phase II’s funding requirements and priorities, the process for submitting an application, and dates of significance.

Download

The NOFA and application materials are available on the Applying to the Housing Trust Fund website. There are several NOFAs published on our website currently. This is NOFA #HFU-2021-03.

Apply

Applications are being solicited for in three phases – or until fully committed. Phase I awards were announced on Sept. 7, 2021. Award announcements for Phase II are anticipated for Dec. 15, 2021.

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

resources

If you have questions regarding this announcement or the NOFA, submit them to htfapp@commerce.wa.gov before the technical assistance period ends Oct. 15, 2021. Please be certain to include “Rapid Capital Housing Acquisition NOFA #HFU-2021-03” in the subject line of your email inquiry.


The Housing Finance Unit is hiring

If you are interested in working with our team dedicated to affordable housing throughout Washington, or other job opportunities at Commerce, visit career.wa.gov.