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National Housing Trust Fund (NHTF) Program

Department of Housing and Community Development · 45206

Eligibility details

Eligible applicants for NHTF funds include organizations, agencies, Native American Entities, or other entities, or a for-profit or nonprofit entity. This NOFA will detail the requirements of all eligible applicants.

Matching funds & resources

Source matching-funds field: Not Required.

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

The NHTF Program is a federal formula grant that provides annual allocations to states to increase and preserve the supply of decent, safe, and sanitary affordable housing specifically for extremely low-income households, defined as having income at or below 30 percent (30%) of the Area Median Income (“AMI”) or income less than the federal poverty line (whichever is greater). If the total national allocation for any fiscal year exceeds $1 billion, the Department may use up to 25% of its annual NHTF allocation to serve very low-income households defined as income at or below 50 percent (50%) of AMI; however, to date, that threshold has not been met. The Department will award NHTF funds for the development of eligible multifamily rental projects in California through a competitive application process.

Funding geography: The Department will target at least 20 percent (20%) of the funding for Projects located in rural areas, at least 10 percent (10%) will be targeted for Native American Entities, and at least 20 percent (20%) of the funding for Projects located in federally-declared disaster areas.

Funding instrument: Grant; Loan. Issuing jurisdiction: California. This is not a geographic eligibility determination.