In RFA 2022-205 SAIL Financing of Affordable Multifamily Housing Developments to be Used in Conjunction with Tax-Exempt Bonds and Non-Competitive Housing Credits, there was a goal to fund one application that selected the development category of Preservation, with or without Acquisition. This goal will not be included in RFA 2022-205.
Per the 2022-2023 Tentative Funding Amounts and Timeline – 8.19.22, applications proposing preservation of elderly developments may apply in RFA 2022-101 SAIL Financing for the Preservation of Elderly Developments, which will provide SAIL financing to be used in conjunction with tax-exempt bonds and Non-Competitive Housing Credits. The workshop for RFA 2022-101 is scheduled for 2 p.m. ET on October 6.