This program helps implement the City’s affordable housing development programs. Staff works with for-profit and non-profit developers to revitalize neighborhoods and increase housing opportunities through new construction, substantial rehabilitation and preservation of rental and ownership housing for extremely low-, very low-, low- and moderate income households. Staff implements the City’s annual Notice of Funding Availability (NOFA) process to make competitive funding awards for affordable housing projects and monitors the City’s portfolio of more than 115 projects to ensure proper management and maintenance and compliance with rent and income limits.
2020-21 Acquisition and Conversion to Affordable Housing (ACAH) Program Notice of Funding Availability (NOFA)
Funds are available for the acquisition only or acquisition/rehabilitation of existing unregulated rental or ownership housing with the conversion to regulated housing. Funds are available for two subprograms: Community Land Trusts/Limited Equity Coops (limited to projects with 25 units or less) and All Developers (no project size limit).