Project Finance

Baltimore Housing, a collaboration between the Baltimore City Department of Housing and Community Development and the Housing Authority of Baltimore City (HABC), is pleased to announce the Summer 2010 NOFA funding round for housing and community development projects.

The following requests will be considered during this funding round:

• Letter of Support for 9% Low Income Housing Tax Credits (LIHTC);

• Letter of Support for 4% LIHTC and Tax Exempt Bonds;

• Project Based Housing Choice Voucher Subsidies on connection with certain fully accessible units and units for non-elderly disable residents (see below);

• City HOME Investment Partnership Program loan funds in an amount of up to $1 million per project, which will be available no later than September 2011 (for further information see below);

• Funding in an amount of up to $30,000 per unit for one-bedroom rental units reserved for 15 years for non-elderly persons with disabilities from the HABC Housing Choice Voucher waiting list. This funding is only available for units in excess of those required under Threshold Criteria 9;

• Funding in an amount of up to $30,000 per unit for units with more than one bedroom, in projects that are not age-restricted, that fully comply with the Uniform Federal Accessibility Standards (UFAS), that are in excess of any UFAS units otherwise required, and that are reserved for applicants from the HABC public housing waiting list.

Download the 2010 SUMMER NOFA, and view the clarification statement.

See the 2010 NOFA SCHEDULE