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Title:
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REPORT - 2020-2021 FOCUSED NOTICE OF FUNDING AVAILABILITY - FUNDING RECOMMENDATION FOR DETURK WINERY VILLAGE, 8 WEST 9TH STREET AND 808 DONAHUE STREET
BACKGROUND: In response to the 2020-2021 Focused Notice of Funding Availability (NOFA) announcing approximately $4.2 million of funds for affordable housing, the Housing Authority received four applications requesting $14,700,000 million for 391 new units. The NOFA focused on multifamily rental projects with application deadlines in July or September for two state funding programs. All four projects submitted applications in the special disaster recovery tax credit program pursuant to the Further Consolidated Appropriations Act of 2020 (“FCAA”). A NOFA Ad Hoc Committee and staff reviewed applications and recommend funding one project.
RECOMMENDATION: It is recommended by the Housing Authority NOFA Ad Hoc Committee and the Housing and Community Services Department that the Housing Authority, by resolution, approve a conditional comm...
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