Current Notice of Funds Available (NOFA) Announcements

New Construction and/or Rehabilitation of Existing Affordable Rental Housing - Round 7

The Baltimore City Department of Housing and Community Development (“DHCD”) is making up to $7,500,000 available from the Affordable Housing Trust Fund (“Trust Fund”) to support new construction of affordable rental housing and/or rehabilitation of existing rental projects for affordable housing. This NOFA includes a set asides (1) of up to $1,000,000 for Community Land Trusts, (2) up to $1,000,000 for emerging developers.

NOFA SCHEDULE 

The following links are documents and information related to this NOFA:

NOFA Program Overview
Apply via Neighborly Portal (beginning 11/21/25)
Pre-proposal Conference Presentation 
 

Community Land Trust Homeownership NOFA - Round 5 

The Baltimore City Department of Housing & Community Development (DHCD) is making up to $8 million available from its Affordable Housing Trust Fund to support homeownership projects sponsored by Community Land Trusts (CLTs). Qualified applicants can request up to $2,000,000.00 per project.  Application submissions will be accepted on a rolling basis through June 30, 2026 or until all funds are allocated. 

NOFA Schedule 

The following links are documents and information related to this NOFA:

NOFA Program Overview
Apply via Neighborly Portal (beginning 8/22/2025)

NOTE:  Beginning August 22, 2025, the Baltimore City Department of Housing & Commuity Develpment is also making up to $500,000 available in FY26 from the Affordable Housing Trust Fund to support Community Land Trust (CLTs) operating costs. Eligible applicants can request a maximum of $100,000 per Community Land Trust entity. Awardees, pending Board of Estimates approval, are as follows: 

PRIOR NOTICES

New Construction and/or Rehabilitation of Existing Affordable Rental Housing - Round 6 

The Baltimore City Department of Housing & Community Development (DHCD) made up to $6,500,000 available from the Affordable Housing Trust Fund to support new construction of affordable rental housing and/or rehabilitation of existing rental projects for affordable housing. Qualified applicants were eligible to request up to up to $1,000,000. The application period for this NOFA closed on 3/17/2025.  Awardees, pending Board of Estimates approval, are as follows: 

OVERVIEW OF THE AFFORDABLE HOUSING TRUST FUND

In November 2016, City voters approved a Charter Amendment to create the Affordable Housing Trust Fund.  Article I, Section 14 of the City Charter establishes the Trust Fund, sources of revenue, administration and oversight, membership and roles and responsibilities of the Commission, income requirements, permitted uses, and affordability periods.

The Fund is intended to support both rental and for-sale affordable housing for very-low and low-income households.  The Trust Fund requires that all revenue be used to help those with incomes at or below 50 percent of the Area Median Income (AMI) as established by the Department of Housing and Urban Development (HUD) (approximately $46,000 for a household of four in 2018) and that at least half of the funds be used to help those with incomes at or below 30 percent of the Area Median Income (approximately $27,000) for a household of four in 2018.

• For information on AHTF COMMISSIONERS, CLICK HERE. 
• For information on MEETINGS of the Commission, CLICK HERE.
• For information on SPENDING PRIORITIES, CLICK HERE.
• For NOTICES OF FUNDING AVAILABILITY (NOFAs), CLICK HERE.

TO READ THE CHARTER REQUIREMENTS CLICK HERE

City Council Bill 18-0221, Ordinance 18-215, Recordation and Transfer Taxes, “Yield” Excise Tax – Dedicated Proceeds to the Affordable Housing Trust Funds, was signed into law in December 12, 2018, and became effective in January 2019.  The legislation provides a long-term source of funding through a 0.6% excise tax on the transfer of real property valued at or above $1 million and a 0.15% excise tax on the recordation tax for real property transaction value at or above $1 million.  Approximately $13 million per year is expected to be generated through the proposed new excise taxes.

TO READ A COPY OF THE LEGISLATION CLICK HERE

The City allocated additional funds to support the Trust Fund as follows:

The Trust Fund will be administered by the City’s Department of Housing & Community Development (DHCD) and overseen by an advisory commission that includes representation from housing advocates, developers, financiers, and others with expertise in housing and community development.  The Commission is charged with making recommendations to DHCD regarding policies, rules, and regulations pertaining to the implementation, expenditures, and operation of the Fund.