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Notice of Funding Availability - State-Sponsored Housing Portfolio Recapitalization

Date Posted: Friday, December 30, 2016
 
This Notice of Funding Availability (NOFA) is directed to owners of properties in the State-Sponsored Housing Portfolio seeking funding from the Department of Housing and/or the Connecticut Housing Finance Authority.
 
Consideration for funding under this NOFA will be given to owners of:
• Properties for which the Capital Plan targets a transaction in 2014 through 2019
• Limited Equity Cooperatives; and
• Properties without specified transaction years and designated “Current - At-Risk” in the Capital Plan.
 
A complete list of eligible properties is included as Exhibit A.
 
Eligible applicants must be the owner of a property within the Portfolio, or a new affiliated entity created by such owner solely for the purpose of financing the capital improvements to the property. 
 
Please note: There is no rental assistance available for this round and this funding opportunity will not feature a deficiency period.  All applications must be complete as of submission on or before the submission deadline of April 26, 2017 at 4:00 p.m.  DOH and CHFA reserve the right to request additional information or clarification as part of the application review process.
 
Hard copies of full-sized architectural drawings and specifications must be received no later than April 26, 2017 at 4:00 p.m. and addressed to:
CT Housing Finance Authority
Attn: Jennifer Landau
999 West Street
Rocky Hill CT 06067
   
 

Attachments

The following file downloads are associated with this announcement.