Affordable Housing Stabilization Loan NOFA

The Georgia Housing and Finance Authority (the “Authority” or “GHFA”) is issuing this Notice of Funding Availability (NOFA) to solicit applications for low-interest loan financing to provide financial stability for recently-awarded 9% and 4% Housing Credit Tax developments in Georgia. Specified funding must address negative economic impacts arising from the COVID-19 pandemic. The GHFA programs referenced in this NOFA are administered by the Georgia Department of Community Affairs (“DCA”), a legislatively created executive branch of State government.

Applying for Funds Under the Affordable Housing Stabilization Loan NOFA: 

• ​Applicants must submit their requests for funding and all required documentation as a Project Change Request in the Emphasys Developer Portal. Applicants should review the Application Submission Requirements for all required documentation.
• Applicants must provide an updated Excel Core Application. Applicants may utilize their previously submitted Excel Core Application.
• Applicants must provide a completed Updated Proration Method and Cost Allocation Worksheet (see file above)