Notice of Funding Availability: Multi-Family Supportive Housing Program Projects
September 29, 2021
New Hampshire Housing Finance Authority (the Authority or NHHFA) is seeking applications for capital financing from qualified developers for projects that will provide supportive housing in any area of the state to extremely low-income and low-income households, with a priority for persons experiencing homelessness, through this competitive Notice of Funding Availability (NOFA). Applications will be accepted on a rolling basis and will be reviewed on a monthly cycle. Approved applications will receive a conditional financing reservation, which will allow the applicant the opportunity to receive a formal financing commitment from the Authority once the project is ready to move forward to being placed in service.
In addition to capital financing, it is the intent of the Authority to award up to 50 Project Based Vouchers (PBVs) to projects that receive a Housing Trust Fund loan and apply for PBVs through this NOFA. PBVs will be awarded through the Threshold Criteria and Scoring Criteria through a competitive process based on applications received in each monthly application cycle under this NOFA or the Authority’s concurrent NOFA for housing financed with tax-exempt bonds.