Notice of Funding Availability - Housing Accelerator Fund and HOME- ARP
The Baltimore City Department of Housing and Community Development (DHCD), the Mayor’s Office of Homeless Services (MOHS), and the Mayor’s Office of Recovery Programs (MORP) announced a Notice of Funding Availability (NOFA) for the creation of permanent supportive housing. This is an investment of nearly $30 million in American Rescue Plan Act (ARPA) funds - $15.2 million from the City’s American Rescue Plan Act State and Local Recovery funds (SLFRF) and $14.7 million from the Home Investment Partnerships Program American Rescue Plan Act (HOME-ARP).
The NOFA proposes maximum awards for the construction of affordable housing of up to $250,000 per unit for permanent supportive housing and up to $100,000 per unit for traditional affordable housing. Additionally, projects will be eligible for awards of up to $500,000 for predevelopment costs associated with the funded units.
NOTE: The Neighborly application portal for the Housing Accelerator and Home-ARP NOFA opened Friday October 20, 2023. The application deadline for this NOFA was November 20, 2023.
NOTE: Please note that Housing Accelerator Program funds can be used to support applications for the State's 9% Low-Income Housing Tax Credit (LIHTC) round this year. Applicants to the State’s 2023, 9% Low-Income Housing Tax Credit round that meet the Accelerator Program threshold requirements will be eligible to receive a Letter of Support to include as part of their submission to Maryland DHCD. Letters of Support will be issued prior to the State's 12/15/2023 submission deadline.
Inquiries should be sent to Paul Stanford, Director of Grants Administration at firstname.lastname@example.org.
Due to limited availability of HOME funds relative to existing commitments, Baltimore City DHCD will not issue a separate Notice of Funding Availability (NOFA) for subordinate financing through the HOME Investment Partnerships Program (HOME Program).