What's Inside:
NOFA application webinar recordings, FAQs, and technical assistance available for the following programs:

  1. Multifamily Finance Super NOFA
  2. Portfolio Reinvestment Program
2022 Multifamily Finance Super NOFA
Recorded webinar and FAQs
This month the Department of Housing and Community Development (HCD) conducted in-person and virtual workshops to provide information about the Multifamily Super NOFA program and application process. A recording of the presentation and PowerPoint slides are now available on HCD's Super NOFA webpage
HCD staff has developed a frequently asked questions document, based on recorded question and answer sessions in the recent virtual and in-person workshops, as well as questions that have been received through the Super NOFA mailbox.
The first release of these Super NOFA Questions and Answers (Q&A) is now available at Multifamily SuperNOFA Round 1 Q&A. Additional Q&As will be published each week.
How to Apply:
As a reminder, the Super NOFA Excel Application document is available and can be downloaded from the program webpage. All completed application documents must be uploaded to the Super NOFA Application Portal (SNAP), by the final application due date of June 28, 2022, no later than 4:00 p.m. Pacific Daylight Time.
Contact AppSupport@hcd.ca.gov if you have any technical issues with the application or the SNAP portal.

Technical Assistance Opportunities for Emerging Developers and Tribal Entities:
HCD offers pre-application technical assistance which is designed to help Emerging Developers and Tribal Entities navigate the application process. Please visit the Pre-Application Technical Assistance webpage to learn more about this process, or contact our technical assistance team at SuperNOFA@hcd.ca.gov.

For more information, please visit the Super NOFA webpage.

Questions? Email SuperNOFA@hcd.ca.gov.
Portfolio Reinvestment Program
The California Department of Housing and Community Development (HCD) is pleased to announce the following materials now available:

How to submit an application
All applications must be submitted through the application portal located on the PRP webpage.

Applications are accepted on a continuous basis.
HCD's application portal is accepting applications through July 29, 2022.
Weekly Technical Assistance Available
Every Wednesday through July 27, 2022
9:00 a.m. – 11:00 a.m.

To join:
Please email portfolioreinvestment@hcd.ca.gov by 3:00 p.m. on Tuesdays to RSVP and provide a list of questions to ensure our staff is prepared. A Teams meeting link will be provided upon RSVP.
Background: The PRP aims to preserve existing HCD-funded affordable housing projects by extending and restructuring affordability agreements; extending loan maturity dates; providing new low-interest long-term loans for rehabilitation; and providing forgivable loans to capitalize short-term operating subsidies. 
This funding is restricted to existing rental multifamily projects in HCD's portfolio that have a HCD affordability restriction that has already expired, or that will expire, by December 31, 2026.
For more information, visit our Portfolio Reinvestment Program webpage.

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