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Title:
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FISCAL YEAR 2022-23 NOTICE OF FUNDING AVAILABILITY PRIORITIES
The Housing Authority issues Notices of Funding Availability (NOFAs) for its federal, state, and local funds for affordable housing activities annually and as new funding opportunities arise. Over the past three years, six NOFAs have been issued, five of which have focused on providing funds for new construction and to leverage Housing Authority funds to make projects more competitive for state funding sources. This Study Session will provide the Housing Authority the ability to discuss the funding priorities for the upcoming Fiscal Year 2022-23 NOFA and provide direction to staff to either: 1) continue focusing on new construction projects; or 2) allocate a portion of the funds available for rehabilitation and/or preservation of affordable housing units in accordance with applicable funding source eligible uses.
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