HUD has announced the funding awards for the Section 811 Project Rental Assistance Demonstration Program. The award recipients responded to a Notice of Funding Availability NOFA in May 2012; applications were rated and selected for funding on the basis of several selection criteria including review of implementation plan and program description, financial health of organization, experience with managing rental assistance programs, ability to leverage other funds, extent of need for program, and more. Under the Section 811 Project Rental Assistance Demonstration program, HUD will provide project based rental assistance funds to state housing finance agencies to award and administer to multifamily rental properties. A total of $97,849,801 was awarded to 13 states to assist 3501 housing units. Award recipients include:
|
Grantee |
Units |
Amount |
|
California Housing Finance Agency |
335 |
$11,870,256 |
|
Delaware State Housing Authority |
170 |
5,100,753 |
|
Georgia Housing and Finance Authority |
150 |
4,160,771 |
|
Illinois Housing Development Authority |
826 |
11,982,009 |
|
Louisiana Housing Corporation |
200 |
8,254,097 |
|
Maryland Dept. of Housing and Community Development |
150 |
10,917,383 |
|
Massachusetts Dept. of Housing and Community Development |
100 |
5,276,452 |
|
Minnesota Housing Finance Agency |
95 |
3,000,000 |
|
Montana Department of Commerce |
82 |
2,000,000 |
|
North Carolina Housing Finance Agency |
533 |
12,000,000 |
|
Pennsylvania Housing Finance Agency |
200 |
5,707,800 |
|
Texas Department of Housing and Community Affairs |
385 |
12,000,000 |
|
Washington State Department of Commerce |
275 |
5,580,280 |
|
Total |
3,501 |
97,849,801 |
