doh: Funding Opportunities

Current Funding Opportunities
 
 
 
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9% LIHTC Funding Opportunities
 
The Department of Housing is pleased to announce that, as in prior years, it will make soft commitments of its subordinate financing in connection with the 2016 9% Low-income Housing Tax Credit (LIHTC) funding round administered by the Connecticut Housing Finance Authority.  Applicants can apply for this subordinate financing within the same application they submit for the 2016 9% LIHTC funding round.  Applications for this round are due on November 9, 2016.
 
 
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Homeless Shelter Capital Needs
 
This Notice of Funding Availability (this “NOFA”) is directed to existing emergency homeless shelters seeking funding to make capital improvements to their facilities to improve the quality of the services provided to shelter residents.  Proposals to create new emergency homeless shelters are not eligible under this NOFA.
 
The application can be found below. Applications for funding under this NOFA will be accepted on a rolling basis.  If a permit is required by the local building department for the completion of the proposed work, then documents related to the proposed work scope must be submitted to DOH. 
 
Applications must be submitted to Steve DiLella either electronically at steve.dilella@ct.gov or by mail at the offices of DOH, 505 Hudson Street, Hartford, CT 06106-7106.  Applicants may contact Steve DiLella via email at steve.dilella@ct.gov with any questions regarding this NOFA.  All such questions will be answered on a rolling basis and the questions and answers will be posted on the DOH website. Announcements of awards of funding under this NOFA are anticipated to be made within forty-five (45) days of the submission of each application. 
 
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Just In Time Project Funding

The Department of Housing announces the availability of funding for developers of market-rate residential or mixed-use rental projects for which the necessary discretionary approvals have been obtained, who are interested in a subsidy to enable them to restrict a portion of the units at an affordable level. 

The goal of this NOFA is to expand affordable housing opportunities quickly by encouraging the inclusion of affordable units in market rate multi-family rental housing developments that are approaching the closing and construction stage.   Affordable units must be affordable to persons with incomes no higher than 80% of the Area Median Income, but lower affordability thresholds are strongly encouraged.  Rent must be net of the estimated costs of utilities paid by the tenant and must not exceed the affordable level at the chosen AMI level.  All restrictions must remain in the project for a minimum of 10 years.

The aggregate amount of funding to be made available under this NOFA is approximately $8 million.  No Project should contemplate financial assistance from DOH in an amount greater than $5,000,000 or less than $100,000. 
 
Applications for funding under this NOFA will be accepted on a rolling basis beginning October 15, 2014, and continuing on a rolling basis until all funds are committed.  Applications should be sent to the attention of Karen Santana at the State of Connecticut Department of Housing, 505 Hudson Street, Hartford, CT 06106.  Interested developers may contact Karen Santana via email at karen.santana@ct.gov with any questions regarding this NOFA.
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Incentive Housing Zone Program

The Department of Housing announces the availability of additional funding under the Incentive Housing Zone (aka HomeCT) program for pre-development activities.  Applications will be accepted on an ongoing basis beginning August 4, 2014.

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Predevelopment Loan Program
 
The Department of Housing (DOH) is pleased to announce the new streamlined application process for its predevelopment loan program which is directed to housing developers seeking assistance with predevelopment costs incurred in connection with the construction, rehabilitation, or renovation of housing for low-and moderate-income persons and families. Predevelopment costs are expenses that are not administrative and are necessary before the construction stage of a project begins. Proposed projects to be supported with these predevelopment funds must be eligible for financial assistance from DOH.
 
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SSHP Pre-Transaction Critical Needs
 
The Department of Housing and the Connecticut Housing Finance Authority announce the State-Sponsored Housing Portfolio (SSHP) Notice of Funding Availability (NOFA) for pre-transaction Critical Needs. Up to $3 million is available under this NOFA.
 
Please refer to the NOFA below for a complete list of eligible properties and funding uses.
Applications for funding under this NOFA will be accepted on a rolling basis beginning February 4, 2015. Applications must be submitted electronically to CHFASHP-2@chfa.org . Information and required documentation can be found at the link and attachments below:
 
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Content Last Modified on 8/4/2016 11:08:53 AM