California
NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator
ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
California Announces NOFA for $172 Million
The California Department of Housing and Community Development (HCD) released the final National Housing Trust Fund (NHTF) guidelines and Notice of Funding Availability (NOFA) of approximately $172 million.
California Publishes Opportunity Maps
The California Tax Credit Allocation Committee/Housing Community Development (CTCAC/HCD) published the 2024 Draft Opportunity Maps.
Governor Newsom Signs Package to Streamline Housing and Expand Tenant Protections in California
Governor Gavin Newsom (D) announced that he signed 56 bills into law that incentivize and reduce barriers to housing and support the development of more affordable homes throughout California.
California Invests $736 Million to Fund Homekey Projects
Governor Gavin Newsom announced the first grant awards from round three of Homekey, the administration’s initiative to help jurisdictions rapidly expand the availability of permanent or interim housing for individuals and families experiencing or at risk of, homelessness.
Los Angeles Community College District to Develop Student and Workforce Housing
Los Angeles Community College District (LACCD) announced their commitment to develop affordable housing for its students and workforce by issuing an RFI/RFQ to partner with interested parties, including public agencies and private entities.
Cal HFA Sells $84.9 Million in Multifamily Revenue Bonds
The California Housing Finance Agency (HFA) sold $84.9 million of affordable multifamily housing revenue bonds.
California Releases Amendment to Transition Reserve Policy and Funding Availability Calendar
The California Department of Housing and Community Development (HCD) released an amendment to its Transition Reserve Policy Administrative Memo, which implements statutory changes made under SB 948 (Chapter 667, Statutes 2022) applicable to Health and Safety Code Section 60468.
Comments on California’s Proposed LIHTC Changes Due April 26; Hearing April 19
The California Tax Credit Allocation Committee (CTCAC) published Proposed Regulation Changes with Initial Statement of Reasons.
Terner Center Report on New Pathways to Encourage Housing Production
In the past six years, California has introduced over 100 laws aimed at increasing housing production.
Silicon Valley Bank Collapse Puts San Francisco’s Affordable Housing Projects in Limbo
An article in The San Francisco Standard details the risk to affordable housing projects in San Francisco following the collapse of Silicon Valley Bank.
California HCD Regional Housing Needs Allocation
The California Department of Housing and Community Development (HCD) is soliciting ideas and input from the public for ways to improve the seventh cycle Regional Housing Needs Allocation (RHNA) process and address California’s housing shortage.
California Local Housing Trust Program Applications Due May 17
The California Department of Housing and Community Development announces the release of Local Housing Trust Fund (LHTF) Program NOFA for approximately $53 million.