HomeMy WebLinkAbout062823 Over $300 million available in three new funding opportunities to develop affordable housing projects________________________________
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Housing Trust Fund applications due Sept. 18, 2023; Application workshops in July and August
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june 28, 2023
Housing Trust Fund Announcements:
* Notices of Funding Availability (NOFAs): $302.9 million in capital funds available for developing multifamily rentals, permanent supportive housing and shelters
* Released today: 2023-25 Biennial Investment Strategy
* Technical Assistance: HTF Application workshops in July and August
________________________________
$302.9 million available in two new funding opportunities to develop affordable housing projects across Washington
Commerce will consider applications for multifamily rental housing projects seeking capital financing from the Washington State Housing Trust Fund (HTF), HOME, and National Housing Trust
Fund (NHTF) programs from two separate Notices of Funding Availability (NOFA).
Applications are due to Commerce by noon on Sept. 18, 2023.
Please download and carefully review the NOFAs for specific information regarding funding requirements and priorities, the application process and dates of significance.
Each NOFA is linked below, and application materials are also available on our Applying to the Housing Trust Fund <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVyaSI6ImJwM
jpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmNvbW1lcmNlLndhLmdvdi9idWlsZGluZy1pbmZyYXN0cnVjdHVyZS9ob3VzaW5nL2hvdXNpbmctdHJ1c3QtZnVuZC9hcHBseWluZy10by10aGUtaG91c2luZy10cnVzdC1mdW5kLyIsImJ1bGxldGluX2lkIjoiMjAy
MzA2MjguNzg5MTQxMjEifQ.mXuBXa5OwO7jVW7CSHe297FUXI2AFLelRHspjggeoCM/s/451240783/br/210650436372-l> webpage and the main webpage listing all open grants, loans and RFPs <https://lnks.gd/l/eyJhbGciOiJI
UzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmNvbW1lcmNlLndhLmdvdi9zZXJ2aW5nLWNvbW11bml0aWVzL2N1cnJlbnQtb3Bwb3J0dW5pdGllcy8iLCJidWxsZXRpbl9pZCI6IjIwMjMwNj
I4Ljc4OTE0MTIxIn0.YqVxzF4LaUHHITE-Be7twMT7Pxy6Wa4k7eJIxHsJWpk/s/451240783/br/210650436372-l> available through the Department of Commerce. <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5
rX2lkIjoxMDMsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYm94LmNvbS9zL3Boc3FhbmExYTZrNmFkZGJ4NnZlaXI4cHFmMDNoM3VkIiwiYnVsbGV0aW5faWQiOiIyMDIzMDYyOC43ODkxNDEyMSJ9.YtdW5pOK5GRDPlqoB
8nvdHy_r-P6jxphf3Yu0A8m6Lo/s/451240783/br/210650436372-l>
1. HTF Multifamily Rental NOFA #MHU-2023-02 <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDQsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYXBwLmJveC5jb20vcy9
3ZjJ2eTdoOXE1MW50cXBzdzV2ejhuZGZ6ZTM1ajJ4MSIsImJ1bGxldGluX2lkIjoiMjAyMzA2MjguNzg5MTQxMjEifQ.EMltFbHJBT_8CJCAK976x9ohlq5P0VQ4swD5Yhr2Xfs/s/451240783/br/210650436372-l>
Over $268 million is available to applicants seeking capital from the state Housing Trust Fund for multifamily rental affordable housing projects. Investments include $158.7 million
from the traditional HTF program, $24.2 million set aside for projects serving persons with disabilities and $107.4 million from Apple Health and Homes funding.
2. Federal HOME and NHTF NOFA #MHU-2023-03 <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDUsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYXBwLmJveC5jb20vcy9p
Y3FnemVzZG41MzRtejM3ZjBkeGY3bWozYTZqZGRyZSIsImJ1bGxldGluX2lkIjoiMjAyMzA2MjguNzg5MTQxMjEifQ.OJOFCg0SjSkozbtl1747uvKPwOh26nOlsTAMJYAPKn8/s/451240783/br/210650436372-l>
$12.4 million is available for multifamily rental affordable housing projects seeking capital from the federal HOME and NHTF programs to further the goals articulated in the state's
2020-2024 Consolidated Plan <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDYsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYm94LmNvbS9zL2NkN3ZtN2htbWZmdHd6eT
VxcnJtamdid3Z2Y243aTJjIiwiYnVsbGV0aW5faWQiOiIyMDIzMDYyOC43ODkxNDEyMSJ9.WIrSG8iB2b5cH2eV5g-nXNg3wioRWCi3f2PytY2MZvs/s/451240783/br/210650436372-l> and 2022 Action Plan <https://lnks.gd/l/eyJhbGciOiJI
UzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDcsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYXBwLmJveC5jb20vcy9lYmJxbGF0Y29tbHNqemY3dzRsOXIxdXJmZ2Z5bmx1cCIsImJ1bGxldGluX2lkIjoiMjAyMzA2Mj
guNzg5MTQxMjEifQ.2bIle_EWbICIe9OKJNWFT2IQ8nOJnULz9iN9Hgy9YcA/s/451240783/br/210650436372-l> (Box PDF).
Commerce expects to make award announcements in December 2023.
Resources
* Training videos are available to help complete an application for these funds. Please visit the HTF Resources & Trainings webpage <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjo
xMDgsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmNvbW1lcmNlLndhLmdvdi9idWlsZGluZy1pbmZyYXN0cnVjdHVyZS9ob3VzaW5nL2hvdXNpbmctdHJ1c3QtZnVuZC9yZXNvdXJjZXMtdHJhaW5pbmdzLyIsImJ1bGxldGluX2lkIjoiMjAyMz
A2MjguNzg5MTQxMjEifQ.aMFwHuLu6Hg18snhOrTMWSZXW27Y67xHhr2y8wVWUEQ/s/451240783/br/210650436372-l> to access the videos.
* Questions? If you have questions regarding this announcement or the NOFAs, please submit them to htfapp@commerce.wa.gov. <mailto:htfapp@commerce.wa.gov>
We ask that you do this before the technical assistance period ends on Sep. 5, 2023. Please indicate the funding availability your question relates to in your email subject line.
________________________________
Updated: 2023-25 Biennial Investment Strategy for affordable housing
The 2023 Washington Legislature approved a historic capital budget for affordable housing. The 2023-25 Biennial Investment Strategy explains how Commerce plans to administer these funds
(not including homeownership program investments.)
We incorporated public comments on the draft in the updated strategy released today.
Read the 2023-25 Biennial Investment Strategy <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDksInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYXBwLmJveC5jb20vc
y8ydGU4MGNqZWh2NDNrbXNwNjBiZmtucWZvaGd3cGp3dCIsImJ1bGxldGluX2lkIjoiMjAyMzA2MjguNzg5MTQxMjEifQ.Lh7uvyGuTdiDV4HMfAqht2FWREgxP9Tg4lmOhFWuThU/s/451240783/br/210650436372-l> (Box PDF)
Read the letter to stakeholders <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMTAsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYXBwLmJveC5jb20vcy8yanJrZDR2Z3F
tMnV1MHphNXFiNXR1aDBid3RvNXpqaiIsImJ1bGxldGluX2lkIjoiMjAyMzA2MjguNzg5MTQxMjEifQ.xO8lnfREGZOc3n-LpZLzA-_QvTPHC81TgwRoQfBnV78/s/451240783/br/210650436372-l> (Box PDF) summarizing changes
Read the 2021-23 Investment Summary <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMTEsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vZGVwdG9mY29tbWVyY2UuYXBwLmJveC5jb20vcy9zODN6Z2
hyZmU3YWRiaXNldGVmbXdxMWd5MGhiZG8zbCIsImJ1bGxldGluX2lkIjoiMjAyMzA2MjguNzg5MTQxMjEifQ.MEanD7wsNynuxVRAIVBZaSYQVEdGOHq_LTMjZ5WK9O4/s/451240783/br/210650436372-l> (Box PDF)
________________________________
Application workshops - register now
In-person workshops in July and August, plus two virtual workshops available
We are hosting four workshops to provide guidance on the 2023 Housing Trust Fund (HTF) application and criteria that will be used to evaluate applications for multifamily/rental projects
seeking capital funding. Our team will provide an application process overview, and a question-and-answer session will follow.
In-Person Workshops
In-person workshops run from 9 a.m. to 3 p.m. and include lunch. Venue capacity is 100 on a first-come, first-served basis by registration time.
* Spokane – July 11, 2023
Spokane Community College.
Registration closes at 9 a.m. July 9
* Tumwater – Aug. 8, 2023
ASHHO Cultural Community Center.
Registration closes at 9 a.m. Aug. 1
Register for either in-person workshop using this link <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMTIsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vYXBwLnNtYXJ0c2hlZXQuY29tL2Iv
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Virtual Workshops
Virtual workshops will run on Zoom from 9 a.m. to 3 p.m. Attendance is not limited. Registration is required using the links provided below. Registration will be available until the
meetings begin.
* Virtual Workshop #1 – July 13, 2023
Register for the July virtual workshop <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMTMsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd2FzdGF0ZWNvbW1lcmNlLnpvb20udXMvbWVldGluZy9
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* Virtual Workshop #2 – Aug. 10, 2023
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Unable to attend a workshop?
We will post a slide show presentation following the workshops on the Housing Trust Fund Resources and Training webpage <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMTUsInVyaSI
6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmNvbW1lcmNlLndhLmdvdi9idWlsZGluZy1pbmZyYXN0cnVjdHVyZS9ob3VzaW5nL2hvdXNpbmctdHJ1c3QtZnVuZC9yZXNvdXJjZXMtdHJhaW5pbmdzLyIsImJ1bGxldGluX2lkIjoiMjAyMzA2MjguNzg5MT
QxMjEifQ.9-SCql-Z1yGjJ136PyxDlrUiuHfySU5y25YdRB8aH-g/s/451240783/br/210650436372-l> .
Important Information
Workshop attendance is NOT a requirement to apply for funding. However, participation will improve an applicant's understanding and ability to submit a competitive application.
Questions?
If you have questions or need accommodations to participate in the workshops or application process, please contact our team at htfapp@commerce.wa.gov <mailto:htfapp@commerce.wa.gov>
.
Visit our website to learn more about Housing Trust Fund programs.
LEARN MORE <https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMTYsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3LmNvbW1lcmNlLndhLmdvdi9idWlsZGluZy1pbmZyYXN0cnVjdHVyZS9ob3VzaW5nL2hv
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Commerce works with local governments, businesses, community-based organizations and tribes to strengthen communities. The department’s diverse portfolio of more than 100 programs and
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