Notice of Funding Availability (NOFA) Issued To Support Production of Affordable Rental Housing

Baltimore, MD – The Baltimore City Department of Housing & Community Development (DHCD) is making up to $2 million available from the Affordable Housing Trust Fund (AHTF) to support new construction of affordable rental housing and/or rehabilitation of existing rental projects for affordable housing.

“Promoting the production of quality affordable housing is essential to the vitality of Baltimore City and a key reason I fought tirelessly for the creation of the Affordable Housing Trust Fund,” stated Mayor Bernard C. “Jack” Young.  “I’m pleased that these funds are starting to flow into the marketplace and with the specific purpose of providing affordable housing for the residents of our city.”

The Affordable Housing Trust Fund was established to support the housing needs of the City’s low and very-low income households.  “This is the first of several NOFAs intended to support the production of affordable housing as a component of a larger equitable community development strategy,” stated Housing Commissioner Michael Braverman.   “We are grateful for the work of the Trust Fund Commissioners and for the efforts of everyone that contributed to the creation of this critical resource.”

Eligible applicants for this NOFA can request a maximum of $750,000 per project. Trust funds can be used to fund up to 33 percent of a project’s total development costs.

DHCD will host a virtual pre-proposal conference on Monday, June 22, from 1-3 p.m.  Visit dhcd.baltimorecity.gov, and go to the “Events” section for the log-on information.

Applications are due by 4 p.m., EST, on Wednesday, July 31. Learn more.

###

Related Stories

City Supporting Small Developer Pilot Loan Fund to Help Renovate Homes in Underserved Neighborhoods

DHCD and the Developing Affordable Starter Homes (DASH) Fund are working in tandem on a pilot program to eliminate blight, increase access to affordable housing, and revitalize neighborhoods while building capacity of emerging developers. The City is providing $250,000 as part of a larger initial $3-million funding of DASH.

City Announces Community Land Trust Awards

DHCD has announced awardees for the City’s initial $2.25-million investment in Community Land Trusts for single family homeownership opportunities. The funds will support the development of 26 units with an average unit cost of $53,571.

Minority-Owned Market Slated for La Cité Location

La Cité Development has entered into a definitive agreement to establish Market Fresh Gourmet as a full-service fresh foods grocery at its Center\West site. Construction is anticipated to begin in the Spring of 2021 on the northwest corner of the site at Fayette and Schroder Street. Center\West is a large-scale redevelopment of 32.94 acres of land in the Poppleton neighborhood of Southwest Baltimore.