closed

Joe Serna, Jr. Farmworker Housing Grant Program Round 2

Department of Housing and Community Development · 6610

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

This NOFA provides grants, deferred-payment loans, or a combination thereof, for the construction and rehabilitation of housing for agricultural workers and their families. To be eligible to apply for funding, the applicant shall be a local public entity, nonprofit corporation, limited liability company, or limited partnership, duly constituted governing body of an Indian reservation or rancheria or a tribally designated housing entity, having sufficient capacity (including financial resources, an office, staff, and payroll) and experience to carry out the proposed project as set forth in California Code of Regulations (CCR), §Section 7205. For-profit entities are not eligible Applicants.Multifamily RentalNew Construction or Rehabilitation Loans: Lien restrictions for assisted units are required for 55 years. Loans may be made in conjunction with low-income tax credit financing.Homeowner Grants: For rehabilitation or new home construction, lien restrictions are required for 20 years. If the unit is sold to a non-farmworker buyer before completing the 10th year, the full grant amount must be repaid under most circumstances. Between the 10th and 20th anniversaries, the grant is forgiven at a rate of 10 percent per completed year. The grant is fully forgiven after completing 20 years.

Funding geography: Not specified — review source. A funder’s address does not establish eligibility.

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