From Washington State Department of Commerce <[email protected]>
Subject Over $300 million available in three new funding opportunities to develop affordable housing projects
Date June 28, 2023 3:58 PM
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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"

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*$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 [ [link removed] ] webpage and the main webpage listing all open grants, loans and RFPs [ [link removed] ]?available through the Department of Commerce. [ [link removed] ]


* *HTF Multifamily Rental NOFA #MHU-2023-02* [ [link removed] ]
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.
* *Federal HOME and NHTF NOFA #MHU-2023-03 [ [link removed] ]*
$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 [ [link removed] ]?and 2022 Action Plan [ [link removed] ] (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 [ [link removed] ]?to access the videos.
* *Questions?* If you have questions regarding this announcement or the NOFAs, please submit them to [email protected]. <[email protected]>
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.

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*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 [ [link removed] ] (Box PDF)

Read the?letter to stakeholders [ [link removed] ]?(Box PDF) summarizing changes

Read the? 2021-23 Investment Summary [ [link removed] ]?(Box PDF)

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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 [ [link removed] ]*

?

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 [ [link removed] ]?
* *Virtual Workshop #2 ? Aug. 10, 2023
*Register for the August virtual workshop [ [link removed] ]

?

Unable to attend a workshop??

We will post a slide show presentation following the workshops on the Housing Trust Fund Resources and Training webpage [ [link removed] ].

*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 [email protected].

Visit our website to learn more about Housing Trust Fund programs.

LEARN MORE [ [link removed] ]

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