National Equity Fund, Inc. (NEF), Metropolitan Atlanta Rapid Transit Authority (MARTA) and Morgan Stanley announced the launch of the $100 million Greater Atlanta Transit Oriented Affordable Housing Preservation Fund. The Fund will provide financing to multi-family property owners to help low-income families and individuals stay in their homes, and not be displaced as rents increase in transit-rich neighborhoods throughout the Greater Atlanta metropolitan area.
The California Department of Housing and Community Development (HCD) posted the list of applications received and self-scores for the Local Housing Trust Fund program (LHTF) NOFA. Applications are currently under review by HCD and awards are estimated to be announced in October 2020. HCD also posed the 47 applications and self-scores submitted for the Transit-Oriented […]
The California Department of Housing and Community Development (HCD) is pleased to announce the release of the final Questions and Answers V.3 to accompany the Transit-Oriented Development Housing Program (TOD) Notice of Funding Availability (NOFA) released on April 30, 2020. This is the final batch of Questions and Answers compiled from the TOD email inbox through July 22, 2020.
The California Department of Housing and Community Development (HCD) announced new supporting documents to accompany the Round 4 Transit-Oriented Development (TOD) Housing Program Notice of Funding Availability for approx. $141 million, which was released on April 30, 2020. The NOFA webinar presentation from June 25, 2020 and New Questions and Answers are now available.
The California Department of Housing and Community Development (CalHCD) released additional supporting documents to accompany the Round 4 Transit-Oriented Development (TOD) Housing Program Notice of Funding Availability for approximately $141 million, which was released on April 30, 2020. Applications are due by July 30, 2020 at 5:00 pm PT.
The California Department of Housing and Community Development (CalHCD) released the Round Four Transit-Oriented Development (TOD) Housing Program final guidelines and Notice of Funding Availability for approximately $141 million.
The California Department of Housing and Community Development (HCD) is seeking feedback on the NOFA and program guidelines for the next round of its Transit-Oriented Development (TOD) program. Thanks to new, voter-approved housing bonds, the TOD program will be releasing a new NOFA in 2020. In preparation, HCD invites you to help shape Round 4 Guidelines by reviewing the Round 3 Guidelines from Fiscal Year 2013-2014 and providing feedback.
The Federal Transit Administration (FTA) released a Notice of Funding Opportunity (NOFO) for the pilot program for Transit-Oriented Development (TOD) Planning. Nineteen million dollars in funding is available to support comprehensive planning for new fixed guideway and core capacity improvement projects. The FTA will award grants ranging from $250,000 to $2 million dollars for proposals […]
Representative Scott Peters (D-CA) introduced the bipartisan Build More Housing Near Transit Act (H.R. 4307), legislation that aims to increase housing options near transit. This measure would amend the current rating criteria for the Federal Transit Administration’s New Starts program, which funds transit projects, such as commuter rail, light rail and bus rapid transit, through the Capital Investment Grants (CIG) program.
Cinnaire announced the closing of a $400,000 loan with the Indianapolis Neighborhood Housing Partnership® (INHP) for land acquisition for development of affordable housing one block from a Red Line bus rapid transit station in Indianapolis. The investment is the first loan from the $15 million Equitable Transit-Oriented Development fund launched in February 2019.
Applications for the Affordable Housing and Sustainable Communities (AHSC) Notice of Funding Availability (NOFA) are due on Feb. 11. The AHSC program seeks to reduce greenhouse gas emissions through projects that implement land-use, housing, transportation, and agricultural land preservation practices to support infill and compact development. For the fourth round, $395 million in funding is available.
The Department of Transportation’s Federal Transit Administration (FTA) recently released the final rule and proposed implementation guidance for its Major Capital Investment Projects program (also known as New Starts/Small Starts), which includes updated provisions for assessing a plan’s commitment to affordable housing.