The Georgia Housing and Finance Authority (GHFA) hereby notifies interested applicants of a Notice of Funding Availability (NOFA) for funds allocated from the National Housing Trust Fund (NHTF) program for the construction, preservation or acquisition/rehabilitation of multifamily rental properties. All NHTF units will be targeted for use by Extremely Low-Income (ELI) households (incomes at or below 30% of area median).
GHFA will post program updates and Frequently Asked Questions to this site on a regular basis. Direct all inquiries to firstname.lastname@example.org.
GHFA will accept applications to The Georgia Department of Community Affairs, 60 Executive Park South, NE, Atlanta, Georgia 30329. Applicants should label the file “NHTF NOFA” and save it to a flash drive.
The application deadline and process requirements vary based on the other funding sources involved:
Not using low-income housing tax credits (LIHTCs): submit the spreadsheet by December 15th; other documentation requirements will follow
Submitted an application for LIHTCs in 2018 and changing sources: submit the spreadsheet by December 15th
Newly applying for 4% LIHTCs and tax-exempt bonds: follow the normal process for those using HOME by March 7th (preliminary application), listing NHTF as a source instead; also submit the NHTF application scoring tab
Applying for 9% LIHTCs in the 2019 competitive round: follow the QAP process for HOME loans (preliminary applications due March 7th); also submit the NHTF application scoring tab
Note that developers/owners may not undertake choice-limiting actions after requesting NHTF funds. See the 2018 Qualified Allocation Plan for more specifics.